Nio puts 46 swap stations into operation in China, most in single day
Nio also added 32 new supercharging stations and 13 destination charging stations in China today.
(Image credit: CnEVPost)
Nio's (NYSE: NIO) month-end upward pulse on infrastructure additions continues.
The electric vehicle (EV) maker added 46 battery swap stations in China today, its highest in a single day, data monitored by CnEVPost showed. That surpassed its previous record high of 29 stations on July 31.
Over the past three months, Nio's infrastructure additions have pulsed upwards at the end of the month, putting 14 battery swap stations into operation on May 31 and 29 on June 30.
Of today's newly added battery swap stations, 21 are located along highways, taking the number of such stations to 500.
As of August 31, Nio had a total of 1,774 battery swap stations in China.
Nio also put 32 new supercharging stations into operation today, bringing the total number of such facilities in China to 1,692, offering 8,168 charging piles.
It added 13 destination charging stations today, bringing the total to 1,372 with 9,861 charging piles.
This means that Nio added a total of 91 facilities including battery swap stations, supercharging and destination charging stations today, which is also an all-time high.
Nio announced at Nio Day 2022 late last year that it planned to add 400 new battery swap stations in 2023. On February 21 this year, the company revised the target upwards to 1,000, hoping to end the year with 2,300 such facilities in China.
Of the 1,000 new stations to be added this year, about 400 will be located in highway service areas or near highway entrances and exits, while the other 600 or so will be deployed in urban areas, Nio said at the time.
Nio unveiled its third-generation battery swap station at the Nio Day 2022 event, capable of storing up to 21 battery packs, up from 13 in its predecessor and five in the first generation of the facility.
Its first 10 third-generation battery swap stations went live in 10 Chinese cities on April 12, and the first third-generation station in Europe went live earlier this month.
Nio's third-generation battery swap stations can break even if they provide 60 services per day, which 20 percent of such stations have already achieved, William Li, the company's founder, chairman and CEO, said in an August 29 analyst call following the announcement of its second-quarter earnings.
Nio's 1st 3rd-gen swap station in Europe goes live in Sweden