Battery swap sounds a good val

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Newbull
2023-02-21

Battery swap sounds a good value proposition but it has yet to translate into results after rolling out for some time. Not sure if it creates competitive advantage for Nio and time will tell!

EV Maker Nio to Build 1,000 Battery-Swap Stations in China in 2023

Chinese electric vehicle (EV) startup Nio Inc plans to build 1,000 battery-swapping stations in Chin

EV Maker Nio to Build 1,000 Battery-Swap Stations in China in 2023

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Desmond669
·2023-02-21
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Not sure if it creates competitive advantage for Nio and time will tell!</p></body></html>","text":"Battery swap sounds a good value proposition but it has yet to translate into results after rolling out for some time. Not sure if it creates competitive advantage for Nio and time will tell!","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/9957971905","repostId":2313722396,"repostType":4,"repost":{"id":"2313722396","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1676950752,"share":"https://www.laohu8.com/m/news/2313722396?lang=&edition=full","pubTime":"2023-02-21 11:39","market":"sg","language":"en","title":"EV Maker Nio to Build 1,000 Battery-Swap Stations in China in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=2313722396","media":"Reuters","summary":"Chinese electric vehicle (EV) startup Nio Inc plans to build 1,000 battery-swapping stations in Chin","content":"<html><head></head><body><p>Chinese electric vehicle (EV) startup Nio Inc plans to build 1,000 battery-swapping stations in China in 2023 to bring the total number of such facilities to 2,300 by year-end, its Founder and Chairman William Li said on Tuesday.</p><p>Nio will build 400 battery-swapping stations along highways and 600 in urban areas with a focus on the country&#39;s third- and fourth-tier cities and counties, Li said in a post on Nio&#39;s social media platform.</p><p>The move marks an expansion of its plan in December of adding 400 such stations this year. 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