EV maker Nio to have 4,000 battery swapping stations globally in 2025
July 11, 2021
BEIJING (Reuters) - Chinese electric vehicle maker Nio Inc plans to have 4,000 battery swapping stations globally in 2025, its president Qin Lihong said on Friday.
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The company, which makes premium electric cars, aims to have 700 battery swapping stations by the end of this year. A battery swapping station allows drivers to change the battery in their cars to power the rides.
(Reporting by Yilei Sun and Tony Munroe; Editing by Tom Hogue)
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