China’s Nio, Changan Auto partner to develop battery-swapping EVs – Times of India

Chinese electric vehicle (EV) maker Nio has announced a partnership with Changan Automobile to jointly develop battery-swapping electric vehicles. The collaboration will extend to building and sharing battery-swapping stations and standardizing batteries. Nio aims to enhance profitability by streamlining operations, reducing costs, and increasing efficiency amid intensifying competition in the EV market, sparked by Tesla‘s price war at the beginning of the year.
The strategic move involves leveraging battery-swapping technology, allowing drivers to quickly replace depleted battery packs with fully charged ones, reducing dependence on traditional charging points. While this method has the potential to alleviate strain on power grids during peak recharging times, its feasibility largely hinges on standardization of batteries.
Nio, committed to nearly doubling the number of battery-swapping stations in China this year, is among the few EV manufacturers betting on the viability of battery swapping. In contrast, some competitors argue that such facilities are prohibitively expensive and advocate for alternative solutions, such as fast-charging technologies and extended-range hybrid models to address users’ range anxiety.
As of November 21, Nio boasts 2,113 battery-swapping stations and almost 1 million charging poles in China. In terms of EV sales in the first nine months of the year, Changan and Nio secured the seventh and eighth positions, with 123,322 units and 109,993 units, respectively, according to data from the China Passenger Car Association. The collaboration aims to enhance Nio’s competitive edge in the evolving EV landscape.

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