By the End of 2025 NIO Inc, Plans to Build more than 4000 EV Battery Swap Stations

EV's Startup NIO Inc celebrated its NIO Power Day on 9 July in Shanghai. The Company shared its plan to develop its ecosystem for electric vehicle charging, this initiative is called NIO Power 2025. The Company stated that they have already build approx. 301 exchange stations from batteries. The company also said that 2.9 million battery exchanges will occur by the end of 2025 and 600,000 users will get benefits from it. NIO said it will have more than 4,000 NIO battery exchange stations around the world, with approximately 1,000 located outside of the local NIO market in China.