Screenshot
Tom examines Nio’s achievement of 60 million EV battery swaps in China and its expanding global presence, including 2,802 battery swap stations in China, operations in Europe, and plans for the Middle East. The discussion highlights the potential of battery swapping technology to reduce charging times, enable innovative subscription models, and support EV adoption in countries like Australia.
Despite barely beating numbers seen in 2023, the latest data shows that fully electric vehicles…
Polestar adds another EV in the popular compact SUV segment with plans to build it…
MG's premium EV brand's first electric offering spotted testing in Sydney as competition in mid-sized…
Upgraded model sees huge demand as production cars with the new Glacier Blue colour spotted.
Targeting best-selling Toyota Hilux and Ford Ranger utes, first deliveries of the BYD Shark 6…
Evie says allowing energy networks to install hundreds of car chargers could present problems, unless…
View Comments
May suit a certain segment of the market.
this is how the electric vehicle was meant to be. a swap-able battery is the go. the battery can also be charged in the car. win-win. now we are stuck with the second best option. humanity doesn't always get things right.
I dont know about the future of charging but it could be the future of upgrading with substitute batteries as new technology increases range dramatically
But Nio keeps losing more and more money with this.
The problem is that battery swapping stations are extremely expensive and have dead capital in them in the form of a dozen or so batteries.
That means the stations need very high throughput/turnover to recover their costs.
But only a small percentage of Nio’s stations breakeven, and the more they expand the network to overcome “swapping anxiety” the worse the overall network utilisation gets, meaning Nio loses more and more money.
No, this technology has better network utilisation because it's can charge batteries on proper time, it's can easily reduce or turn down charging at rush hour(+1) , it's better for batteries to use "slow" or at least "semi rapid" charging (+2), it's can save the time radically(+3)...