SHANGHAI -- Electric vehicle startup Nio plans to set up an additional 1,000 battery swap stations in China this year as part of its dual strategy to push both battery charging and swap facilities for customer convenience.
Electric cars in China
Chinese EV startup Nio to install 1,000 battery swap stations
Latest facilities can complete exchanges in less than 5 minutes
A Nio battery swap station in Shanghai. (Photo by Tomoko Wakasugi)
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