China's Nio opens trial for high-speed EV battery swapping stations

Singapore News News

China's Nio opens trial for high-speed EV battery swapping stations
Singapore Latest News,Singapore Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 34 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 97%

Chinese electric vehicle (EV) maker Nio Inc began trial operation on Tuesday of faster, more efficient battery swapping stations in China in its push to make battery swapping a viable alternative to rival EV makers' rapid-charging technology.

Battery swapping allows drivers to replace depleted packs quickly with fully charged packs, rather than plugging the vehicle in to a charging point. Swapping could help to ease the strain on power grids at peak times when drivers recharge, but industry analysts and executives expect it would only become feasible if batteries become more standardised.

Nio is among only a handful of EV makers betting on battery swapping as a major power option for electric cars. Rival Teslaset a target of 2,300 battery swapping stations globally by year-end, had 1,323 in operation as of March 23, Shen said. It aims for 900 of the latest power swap stations to be operating this year, he added.

Nearly 60% of the power replenished for Nio cars in February was via battery swapping, while another 23% was from home chargers, Shen said. Fewer than 10% of Nio users used public chargers while 80.5% of the power charged from Nio's 14,000 chargers nationwide was for non-Nio users, including Tesla and BYD vehicles, he added.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Singapore Latest News, Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

'We are all Chinese', former Taiwan president says while visiting China'We are all Chinese', former Taiwan president says while visiting ChinaPeople on both sides of the Taiwan Strait are ethnically Chinese and share the same ancestor, former Taiwan President Ma Ying-jeou said on Tuesday at the start of a historic visit to China that Taiwan's ruling party has criticised.
Read more »

Block Stock Throttled After Short Report: 5 Big Analyst Calls | Pro Recap | Investing.comBlock Stock Throttled After Short Report: 5 Big Analyst Calls | Pro Recap | Investing.comStocks Analysis by Garrett Cook covering: McDonald’s Corporation, Harley-Davidson Inc, PepsiCo Inc, Block Inc. Read Garrett Cook's latest article on Investing.com
Read more »

Macy’s Inc. Issues Progress Report on Corporate CitizenshipMacy’s Inc. Issues Progress Report on Corporate CitizenshipThe retailer says it’s investing heavily in suppliers, people and products that help create a more equitable and sustainable future.
Read more »

BHP to trial carbon capture with Chinese steel firm HBISBHP to trial carbon capture with Chinese steel firm HBISGlobal miner BHP Group Ltd and Chinese steel company HBIS Group Co Ltd have agreed to trial carbon capture, utilisation and storage (CCUS) technologies at the Chinese firm's steel mills, the companies said on Monday.
Read more »

Why Chinese Apps Are the Favorites of Young AmericansWhy Chinese Apps Are the Favorites of Young AmericansTikTok, Shein and Temu: Chinese apps topped U.S. app-store rankings this month, showing the contrast between the Chinese and U.S. tech industries
Read more »

Russians reluctantly embrace Chinese cars after Western brands depart - AutoblogRussians reluctantly embrace Chinese cars after Western brands depart - AutoblogWith Western sanctions removing European, Japanese and American cars from the country, Chinese brands have moved it.
Read more »



Render Time: 2025-03-11 06:38:22