Nio has expanded its battery swap network in Guangdong to 500 stations, supporting a 76.3% rise in regional sales during the first 8 months of 2026.
Nio reported over 1.19 million battery swaps across its Chinese network during the recent National Day holiday week, marking a 22% increase in daily activity compared to last year.
Nio reported nearly 1.2 million battery swaps during China's 7-day National Day holiday, setting two new daily records as travel demand peaked.
Geely and Nio are forming a strategic partnership to integrate charging infrastructure and battery-swapping networks, involving a $94.1 million investment from Geely.
NIO is offloading a 30% stake in its battery swap unit to Geely in a deal valued at $2.4 billion, combining asset integration with a strategic partnership.
Geely will acquire a 30 percent stake in Nio Power through a combination of cash and battery swap assets, while Nio will take a 10 percent interest in Geely's Haohan Energy.
Nio has deployed the world's first carbon-neutral, solar-powered battery swap station in the Gobi Desert, operating entirely off-grid.
Nio has deployed its first fully off-grid, solar-powered battery swap station in Xinjiang, marking a milestone for its 3,605-kilometer Silk Road charging network.
SAIC has unveiled the 2027 Maxus 9 minivan, featuring a 90-second battery-swapping system and a starting price of ¥240,000.
Nio will supply 14 electric vehicles for a 20,000-kilometer cross-Eurasian challenge to demonstrate the capabilities of its expanding battery swap network.
CATL plans to build 1,000 highway battery swap stations by 2027 as part of a broader network of 30,000 stations.
Nio Inc reported 35,837 vehicle deliveries in August 2026, as strong performance from the main brand balanced a decline in Onvo sub-brand sales.
