Marico Samuel
12-19

$NIO Inc.(NIO)$ battery swap stations are the top competitor to the traditional charging model.

NIO's swap stations could put a massive dent in the number of people who use Tesla's Superchargers.

NIO has achieved a significant milestone with 30 million successful battery swaps, demonstrating the potential of battery-swapping technology to revolutionize electric vehicle (EV) charging.[Sigh][Smart][Smart][Smart]

EV Companies and Industry DIG
Join to become an EV Data/Company/ Industry Explorer to help your investings.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • AnaiAnai
    12-19
    AnaiAnai
    Nio battery swap station dominance will be replaced by CATL in the coming years. CATL is the world's largest EV batteries supplier and can easily replace Nio   too. Nio has no capacity to fight CATL as Nio is still a loss-making EV maker. Not financially strong to compete with CATL.
Leave a comment
1