#NIO
2 stories · 1 issues · daily NIO news timeline
#NIO timeline · newest first
Mon, Sep 28
NIO hits 4,125 swap stations, an 8GWh storage network, and opens a Xi'an–Khorgos swap route
The 4,125 stations are NIO's heaviest burden, and possibly the only asset it can rent out to others.
Geely swaps its battery-swap unit plus RMB 640 million for 30% of NIO Power as the two plan to share the network
Geely trading its own swap business for shares shows rivals now see value in the network; the 20% floor is a reminder that the value still has to show up in operating data.