During the launch event for the NIO ES9, founder, chairman, and CEO Li Bin delivered a presentation. He stated that over its eleven-year history, NIO has invested more than 68.8 billion yuan in research and development, with over 20 billion yuan dedicated to the charging and battery swap infrastructure.
Li Bin disclosed that, as of May 26 this year, NIO has established a total of 8,903 power stations. This network comprises 5,037 charging stations and 3,866 battery swap stations. Furthermore, he announced that the deployment of the fifth-generation battery swap stations is scheduled to commence in the third quarter of this year.
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