Nio aims to add 1,000 battery swap stations and 20,000 charging piles in 2024 in China.

Nio also unveiled the fourth generation of its supercharger pile at today's event, with a further increase in peak power over its predecessor.

This new supercharger has a peak power of up to 640 kW, a maximum output current of 765 A and a maximum output voltage of 1,000 V.

The supercharger pile has a liquid-cooled charging gun cable and weighs just 2.4 kg, the lightest in the industry, Nio said.

The charging pile enables intelligent distribution of charging power and maximizes charging efficiency, the company said.

Nio will begin installing this new generation of superchargers in April 2024.

The company is currently installing superchargers with a peak power of 500 kW, unveiled on Nio Day 2022 and first installed in March 2023.

The 500-kW charging pile is capable of delivering a maximum charging current of 660 A and can charge from 10 percent to 80 percent in as little as 12 minutes if the vehicle is built on the 800 V platform, or 20 minutes for 400 V models.

Nio plans to continue adding 1,000 battery swap stations in China in 2024, bringing the total to more than 3,310.

The company unveiled plans to add 400 battery swap stations in 2023 at Nio Day 2022, but raised that target to 1,000 in February.

Yesterday, Nio achieved its target of adding 1,000 battery swap stations this year, taking the total to 2,305.

The company aims to add 20,000 new charging piles by 2024, taking the total to more than 41,000.

Nio last month announced partnerships with Changan Automobile and Geely Holding to build a battery swap network and battery swap-enabled models.

Nio's battery swap network will include both a dedicated network and a shared network, which the company will begin building next year and will be available for both the Nio and Alps brands, William Li, Nio's founder, chairman, and CEO, said in a December 5 earnings call.

Nio reaches target of adding 1,000 swap stations in China in 2023