Nio reaches 50 swap stations in Europe
As of July 15, Nio had 15 battery swap stations in Norway and 17 in Germany, according to data compiled by CnEVPost.
Nio (NYSE: NIO) has reached 50 battery swap stations in Europe, with more than half located in Germany and Norway.
The Chinese electric vehicle (EV) maker added two new battery swap stations in Norway on July 15, located in Straume and Oslo, according to information it shared on X.
As of July 15, Nio had 15 battery swap stations in Norway and 17 in Germany, according to data compiled by CnEVPost.
"Since opening the first Power Swap Station in Lier, Norway in 2022, NIO users like you have embraced the speed and convenience of battery swapping," Nio wrote on X today.
Nio users in Europe have completed more than 63,000 battery swaps, and Nio has provided around 3 million kWh of power through swaps, according to the company.
"And this is just the beginning. There are more NIO Power Swap Stations planned as we build an extensive network across Denmark, Sweden, Norway, Germany and the Netherlands to help you go further in your NIO with ease," Nio said.
Nio has significantly accelerated its pace of building battery swap stations in Europe recently, adding seven this month, according to data monitored by CnEVPost.
The company added one station in Europe in April and none in May or June.
Since opening the… pic.twitter.com/Q4N0GZL4Ej
— NIO (@NIOGlobal) July 16, 2024
This comes at a time when Chinese EV makers, including Nio, are facing higher tariffs in Europe.
On July 4, the European Commission announced that it would impose temporary countervailing duties on EVs imported from China starting July 5, emphasizing that negotiations with China were continuing.
Nio faces a weighted average tariff of 20.8 percent, on top of the original 10 percent rate.
Nio later said in a response shared with CnEVPost that it maintains the pricing of their current models in its European markets while adding that it cannot be ruled out that prices may be adjusted at a later stage as a result of these tariffs being imposed.
Nio's Firefly models will still be competitive in Europe even with extra tariffs, says William Li