NIO Nears 100 Million Battery Swaps Milestone

On February 5, Qin Lihong, Co-founder and President of NIO, revealed that the company's battery swap service had cumulatively reached 99.9 million swaps as of that day, and is expected to surpass the 100-million-swap milestone on February 6. This milestone highlights significant progress in NIO’s energy replenishment infrastructure and user services, underscoring the continued impact of its battery swap model in the new energy vehicle sector.