China/$NIO: The Boom In Battery Swap Stations…

Founder Securities forecast that there will be more than 3 million battery-swap cars with more than 28,000 supporting facilities by 2025.


Statistics from the China Electric Vehicle Charging Infrastructure Promotion Alliance show that by April, there were 1,480 battery-swap stations across the country, of which 938 were from EV startup Nio and 434 from battery-swap company Aulton.

Nio plans to set up more than 1,300 battery-swap stations by the end of this year and add 600 annually between 2022-25 in China, it said.

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