Industry dynamics

Nio sees 1st batch of 4th-gen swap stations with multi-brand support go live

Publishtime:1970-01-01 08:00:00 Views:32

Nio's fourth-generation battery swap stations are more open, supporting service for multi-brand vehicles with more battery pack sizes.

The stations will be able to offer upgraded services to users including Nio, Onvo and the company's battery swap partners, it said.

Nio launched the Onvo sub-brand on May 15 and began pre-sales of its first model, the L60, whose official launch and delivery will be in September.

The company has more than 1,000 third-generation battery swap stations, which will need to be retrofitted for Onvo models, Nio founder, chairman and CEO William Li said on a June 6 earnings call.

The cost of retrofitting each third-generation station is roughly RMB 200,000 (27,580) to RMB 300,000, Li said, adding that by the end of the year, there will be more than 1,000 battery swap stations available for Onvo.

Nio's battery swap stations can break even if they provide 60 services per day, which is currently around 30 per day, according to Li.

As of today, Nio has 2,432 battery swap stations in China, 804 of which are located along highways, according to data compiled by CnEVPost.

The company 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 unveiled at Nio Day 2023 late last year.

Nio's next-generation liquid-cooled superchargers also became operational today, with a maximum charging power of 640 kW and a maximum output current of 765 A.

For Nio's long-range battery packs with 100-kWh capacity, it can charge from 10 percent to 80 percent in 12 minutes when using the next-generation supercharger, according to the company.

As of today, Nio has 2,275 supercharging stations in China offering 10,390 charging piles and 1,598 destination charging stations offering 12,243 charging piles.

($1 = RMB 7.2510)

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