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NIO reportedly adds 65 new battery swap stations in China, expanding its network to 2,621, with 873 located along highways. NIO reportedly plans to launch a hybrid electric vehicle for overseas ...

The Details: According to a report from CnEVPost, Nio has achieved battery swap station network coverage of nine horizontal highways, seven vertical highways, and 12 urban clusters in China.

It also derailed the industry projection of cost parity of NEVs with ICEs, affecting NEV adoption in the long run. Nio has successfully built its premium brand image, which will differentiate the ...

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Nio reported an increase in deliveries and margin gains, but overall revenue fell, and losses widened.

NIO’s CFO, Stanly Qu, says that the company now has over 150 battery swap stations in Shanghai. These stations do over 100 services a day, although they only need 60 to 70 to break even each day.

Source: technode.com Analysts from InsideEVs agree that NIO's battery swap stations can break even if they provide 60 swaps per day, but currently, the average is around 30 to 40 swaps per day.