$NIO Inc.(NIO)$ 2,391 is the number of Swap Stations in China at March 20, 2024 (Plus 1 today) Of them 786 are located on Highways. In the last 14 days NIO has installed 6 Stations. Every time you Exchange you get a fresh fully charged battery that has passed tests for defects. In addition to that the Exchange Stations can also feed electricity back to the Grid and will serve as peak power load balancing support systems for China's Electricity Providers. This will be another major revenue stream for NIO. Li said this on March 19 in an interview "Changan, Geely, Chery, JAC have already joined to use the service, and some other companies will join in the future." If you are the CEO You don't say "some other companies will join in the future" unless you really know who they are already.
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