Industry dynamics

Nio's 1st 4th-gen swap stations to go live on Jun 13 in 2 cities

Publishtime:1970-01-01 08:00:00 Views:39

The fourth-generation battery swap stations that will go live tomorrow will include the first stations built by Nio in partnership with Zhongan Energy.

Nio (NYSE: NIO) will see its first fourth-generation battery swap stations go live tomorrow, potentially marking the beginning of a continuation of the company's aggressive infrastructure buildout for the year.

On June 13, Nio's first fourth-generation battery swap stations will come online in the cities of Guangzhou and Lu'an, the electric vehicle (EV) maker announced today.

Guangzhou is the capital city of Guangdong province in southern China, and Lu'an is a city in Anhui province in the east.

Nio will be live streaming the event for the Lu'an site on June 13 from 9:00-11:25 am on short video platform Douyin, China's version of TikTok. The live stream from Guangzhou will take place tomorrow from 10:00-11:00 am.

The company will explain the technology of its fourth-generation battery swap stations and next-generation 640-kW liquid-cooled superchargers and demonstrate the battery swap process during the live streams.

Additionally, the fourth-generation battery swap stations that are set to go live tomorrow will include the first station built by Nio in partnership with Zhongan Energy, according to the company.

On January 11, Nio signed a strategic cooperation agreement with two state-owned groups in Anhui province on building a shared energy storage, charging and battery swap system.

The three companies also announced at the time the official establishment of Zhongan and said they would support the newly established company in building 1,000 stations with energy storage, charging, and battery swap capabilities.

On March 22, Nio signed a deal with Zhongan to jointly promote the construction of 1,000 battery swap stations, according to a March statement.

Nio's previous statement didn't provide any more details, but it looks like Zhongan may be in charge of the construction of Nio's battery swap network for sharing with partners.

Nio's battery swap network will include both dedicated and shared networks, and the company will begin using building the shared battery swap network in 2024, which will be available for both Nio and the sub-brand codenamed Alps, William Li, the company's founder, chairman, and CEO, said in a December 5 earnings call.

The Nio sub-brand codenamed Alps is Onvo (Ledao in China), which was officially launched on May 15.

Nio unveiled its fourth-generation swap station, new 640-kW supercharger pile on December 23, 2023, at Nio Day 2023.

The new generation stations will be compatible with multi-size battery packs and support multi-brand shared battery swap services, Nio said last year.

Nio plans to continue adding 1,000 more battery swap stations in China in 2024, bringing the total to more than 3,310, according to plans it announced at Nio Day 2023.

The company also aims to add 20,000 new charging piles in 2024, bringing the total to more than 41,000.

As of today, Nio has 2,430 battery swap stations in China, according to data compiled by CnEVPost.

It also has 2,274 supercharging stations offering 10,390 charging piles and 1,598 destination charging stations offering 12,241 charging piles.

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