NIO Power Completes 500,000 Battery Swaps

NIO Power Completes 500,000 Battery Swaps

29 May 2020

As of May 26, 2020, NIO Power has completed over 500,000 battery swaps, becoming one of NIO’s most well-received power services.

Power Swap is at the core of NIO’s “chargeable, swappable, upgradable” user experience, alongside a comprehensive battery and vehicle e-powertrain inspection. The infrastructure also enables users to continuously enjoy the benefits of the development of battery technology, with the ease of upgrading to a higher capacity and better performance simply through swapping.

With the announcement of a new national subsidy policy on April 23 this year that new energy vehicles with battery swap technology can continue to enjoy subsidies from 2020 to 2022, the confidence in NIO’s technological direction and business model has been reinforced. Wuhan NIO Energy in Donghu District, Wuhan, has also accelerated the deployment of the battery swap network, and as of May 20, 2020, 131 battery swap stations had been installed across 58 cities nationwide.

The Power Swap network concentrated in the Beijing-Tianjin-Hebei region, the Yangtze River Delta and the Pearl River Delta allows NIO users to enjoy a worry-free user experience in these three major economic zones, as with the G2 Beijing–Shanghai Expressway and the G4 Beijing–Hong Kong–Macau Expressway.

NIO Power Milestones
December 16 , 2017 Power Swap debuts at NIO Day 2017
May 20, 2018 NIO opens its first battery swap station in Nanshan High Tech Industrial Park, Shenzhen
November 15, 2018 NIO launches 18 battery swap stations a long the G4 Beijing Hong Kong Macau Expressway
December 15, 2018 NIO launches 8 battery swap stations along the G2 Beijing Shanghai Expressway
April 15, 2019 NIO Power Swap receives Red Dot Award: Product Design 2019
August 24, 2019 NIO awards the first owners of its products a lifetime of free battery swap services
May 20, 2020 The 131st battery swap station opens, the first in Foshan
May 25, 2020 NIO Power completes the 500,000th battery swap at the power swap station in Shanghai Auto Expo Park