This is Nio's latest innovation in regulating the supply and demand of batteries, enabling the needs of more users who temporarily need to use 100-kWh long-range battery packs to be met.

This means that Nio's battery swap stations become a trading center, allowing users who have previously purchased 100-kWh packs but feel they have less need for long-range batteries to exchange them for standard-range batteries and receive compensation.

These additional 100-kWh packs will be able to be made available to more other users with this need through circulation at battery swap stations.

This allows users who are not fully utilizing the 100-kWh packs to earn additional revenue, and allows users with this need to be satisfied in a way that no other vehicle company can.

It is worth noting that this is not the first time Nio has innovated in regulating the supply and demand of batteries.

Previously, Nio has offered permanent battery upgrades as well as temporary upgrade options for users who have regretted purchasing the standard range version of the battery pack to get a long-range battery pack.

Last June, the company even ran a pilot program at three battery swap stations in Shanghai, allowing users to offer their fully charged packs to the battery swap stations to receive Nio Credits.