Shen Fei, vice president of Nio Power, said the company is continuously monitoring and evaluating.

Back to Nio, its cumulative deliveries of 131,408 units of all models as of Aug. 31, 2021, represent a small percentage of China's electric vehicle ownership.

If the power crunch starts to affect Nio owners as well as potential consumers, then cab companies, couriers, and bus systems that had a large number of EVs will be more severely affected before Nio, which seems unlikely to happen.

Another thing to note is that Nio's battery swap model gives it a unique advantage. Compared to the randomness of other EV charging behaviors, the battery swap mode that Nio additionally offers makes charging behavior more predictable as well as controllable.

Even in the event of a severe power disturbance, Nio has the ability to plan ahead for the charging of its batteries to smooth out the impact this has on owners.

The root cause of China's power crunch is the result of power plants looking to reduce their losses in the face of skyrocketing coal prices and relatively fixed electricity prices.

Some local governments have imposed restrictions on energy-intensive industries to meet carbon reduction targets, and the power crunch also appears to be more widespread.

After seeing the consequences of the power crunch, China is already taking action to minimize the impact of the situation. State Grid on Tuesday has vowed to take several measures to avoid blackouts to the greatest extent possible.