Chinese EV maker Nio ties up with Changan Automobile to promote battery swapping technology
- Nio and state-owned Changan Automobile will jointly design standards for swappable batteries, build and share their battery swapping networks as part of their tie-up
- Nio has accumulated a lot of experience in R&D, construction and operation of battery swapping stations, founder and CEO William Li says
The two companies will jointly design standards for swappable batteries, build and share their battery swapping networks and set up a venture focused on battery investments, Shanghai-based Nio said in a statement on Tuesday.
Nio’s battery swapping stations allow owners of the carmaker’s vehicles to quickly exchange a spent battery pack for a fully charged one.
As Nio pioneered battery swaps, it is ready to open up its know-how and infrastructure to the entire industry, Nio founder and CEO William Li said in the statement.
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Chinese smart-battery swap stations can change EV batteries automatically
“Over the past five years, Nio has accumulated a lot of experience in research and development, construction and operation of battery swapping stations,” Li said.