$NIO In Talks With EV OEMs to Share Battery Swap


Last year, we reported that NIO announced a plan to open its battery swap stations to other electric automakers, but we weren’t sure if there would be any takers.

Apparently, there are as the Financial Times is reporting that NIO European president Hui Zhang confirmed that the company is currently in talks with “several other carmakers” about licensing its battery swap technology:

“Chinese electric vehicle start-up Nio is in talks with several other carmakers about licensing the battery-swapping technology that is at the heart of the group’s strategy to win over petrol-driving motorists in Europe, one of the company’s most senior executives said.”

The move comes as NIO is expanding its network of battery swapping stations from currently 888 to 5,000 by the end of the decade.