Thanks to the battery swap stations, NIO is able to offer the cars in the Battery as a Service (BaaS) sales model, which means that customers are purchasing a car without a battery and they pay a monthly subscription to use the battery/battery swap network.
How does NIO battery swapping work?
“Each Nio Power Swap Station 2.0 has 239 sensors and four collaborating cloud computing systems that maximize the application of visual recognition technologies,” the automaker noted. “Enabled by the technology, users can complete a self-service battery swap with only one click while staying in the car.
How much does NIO battery swap cost?
NIO’s single second-generation battery swap station costs about RMB 2.5 million to build, with a daily service capacity of about 312 times/day. Its single rate = (RMB 0.39 + local electricity rate) * electricity consumption. It is assumed that each battery needs to be charged 70 kWh each time.
How many battery swapping stations does NIO have?
700 battery swapping stations
So far, NIO has installed a total of 700 battery swapping stations, 3,020 Power Chargers, and 3,319 destination chargers, and has connected with over 430,000 third-party charging piles.
Is NIO battery swap free?
NIO Power is a mobile internet-based power solution with extensive networks for battery charging and battery swap facilities. Enhanced by Power Cloud, it offers a power service system with chargeable, swappable and upgradable batteries to provide users with power services catering to all scenarios.
Is battery swap a good idea?
However, in 2021, Ulrich writes, “battery swapping in EVs has become an especially bad idea. It’s a technical and market dead-end that seems more about separating green investors from their money than providing a solution.” He offers a detailed explanation of the drawbacks of battery-swapping.
Can I charge NIO car at home?
With a battery capacity of 100 kWh, charging a Nio es8 at home from 0% to 100% can take up to 58 hours with a 1.9 kW level 1 charger, or between 5 to 10 hours with an 11-22 kW level 2 charging station. With fast charging at a public station, the vehicle can be charged in less than 44 minutes.
Are NIO cars better than Tesla?
Tesla Is The Safer Bet
Overall, while Nio’s faster recent growth and unique innovations such as Battery as a Service (BaaS) – which allows customers to subscribe for car batteries, rather than paying for them upfront – are no doubt interesting, we think it remains a riskier investment compared to Tesla.
Who supplies batteries to NIO?
WeLion New Energy Technology
NIO’s 150-kWh semi-solid-state battery supplier is Beijing-based WeLion New Energy Technology, also known as Solid State Lion, tech media outlet 36kr said today, citing sources familiar with the matter.
Where does NIO get their batteries?
China’s Contemporary Amperex Technology Co Ltd, which supplies batteries to EV customers, including Tesla, Inc. and NIO Inc.
How long does NIO battery swap take?
about five minutes
Users can now drive into any one of NIO’s 517 Power Swap Stations around China to get a fresh battery pack installed in about five minutes. That’s roughly the same time it takes to fill up a tank of gas. The EV industry has struggled to create a viable model for quick and easy battery swaps in recent decades.
How long does NIO battery last?
NIO vehicles equipped with the 150 kWh battery can achieve an ultra-long NEDC range of more than 730 km for the 2018 ES8, around 850 km for the all-new ES8, more than 900 km for the Performance Version of the ES6 and the EC6, and more than 1,000 km for the ET7.
How many NIO charging stations are there in China?
700 Power Swap stations
The battery swap network is not the only one, as NIO installs also charging infrastructure. Let’s see the numbers: 700 Power Swap stations (including 150 along highways) 534 fast charging stations with 3,020 stalls.
What type of battery does NIO use?
The new battery, officially rolled out Thursday, uses ternary lithium and lithium-iron phosphate, or LFP, rather than cobalt or nickel, making it less expensive than those cells. The trade-off is that it also has a little less range per charge. It’s about choice. Not every EV buyer needs 400 miles of per-charge range.
How long does NIO battery take to charge?
It only takes three minutes. Competition in the electric vehicle industry is at boiling point, with small startups and major manufacturers all scrambling for a piece of the pie.
What does NIO Limited do?
NIO Power is the company’s network of battery swap stations, power mobile, power home and super chargers. NIO has 122 Swap Stations around China, including 18 battery swap stations along the G4 Expressway in China.
How does battery swap work?
The EV is driven into a booth where the depleted battery is removed from the car and replaced with a fully charged power pack. At the newest facilities, the whole process is automated, and can be completed in a matter of minutes. Customers can either pay a monthly fee, or pay as they go.
What is battery swap?
Battery swapping is a technique that consists of swapping a discharged electric car battery with one that is already charged. This would replace recharging, thus eliminating long refueling times – one of the major limitations of zero-emission vehicles.
How much does battery swapping cost?
The total cost of setting up a battery swapping can vary depending upon the total capacity of batteries, the location of the swapping station, and the complexity of the replacing process. According to Zypp co-founder Akash Gupta, the cost of setting up a battery swap station is maybe 1 Lakh rupees.
Can NIO overtake Tesla?
Tesla has delivered more than 2 million vehicles cumulatively and is bringing 2 more factories online this year (2022). Unless NiO can scale factories much faster than Tesla they will not be able to overtake Tesla production numbers.
Can you buy NIO car in UK?
While prices for its American rival start at £78,000 in the UK, the ES8 is on sale in its homeland at the equivalent of £51,500.
Contents