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China's Nio opens trial for high-speed EV battery swapping stations

Summary by Ground News
Chinese electric vehicle (EV) maker Nio Inc (9866.HK) began trial operation on Tuesday of faster, more efficient battery swapping stations. Nio's Power Swap Station 3.0 can speed up battery swapping to less than five minutes and lower the service cost per swap. Rival Tesla has dismissed battery swapping as "riddled with problems"

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China's Nio opens trial for high-speed EV battery swapping stations

Chinese electric vehicle (EV) maker Nio Inc began trial operation on Tuesday of faster, more efficient battery swapping stations in China in its push to make battery swapping a viable alternative to rival EV makers' rapid-charging technology.

·United Kingdom
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Reuters broke the news in United Kingdom on Tuesday, March 28, 2023.
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