NIO has announced its plans to construct 1000 battery-swapping stations for electric vehicles in China.
The NIO founder and Chairman William Li has said that the firm aims to take the total count of such facilities to 2,300 by the end of the year. The firm plans to construct 400 battery-swapping stations along the highways and 600 stations in cities.
This move represents the expansion of the company’s plan announced in December last year on building 400 battery swapping stations this year.
Using this battery swapping program, drivers are able to swiftly replace drained packs with completely charged ones instead of plugging the EVs into the charge point.
The swapping method is expected to reduce the strain on power grids, but some experts warn that this solution may become significant only if batteries become standardised throughout the industry.
NIO is one of the few EV manufacturers counting on battery swapping as one of the primary power solutions for EVs. This facility is expected to be built in Zhengzhou of Henan province.