Updated: 4 13,2022

Nio, the Chinese electric vehicle startup, is in talks with several other carmakers about licensing battery swapping technology. European president Hui Zhang said the company was talking with Chinese and international car groups to open its network of charging stations, which it wants to raise from 800 to 5,000 around the world by 2025.

——Nio in talks with rivals over licensing electric car battery swap technology, Financial Times


In recent years, as China has promoted the large-scale application of battery swapping models, Chinese EV firms represented by NIO have accelerated their global expansion of battery swapping business based on their patent portfolio planning in this field, aiming to break through from the increasingly fierce market competition.