Employees installing batteries on to an electric sport utility vehicle (SUV) during a media tour of NIO’s production facility in the Anhui provincial capital of Hefei on Friday, December 4, 2020. Photo: Bloomberg
Electric cars
NIO teams up with China’s State Grid to build battery charging, swapping stations across country to compete with Tesla
- NIO said it signed an agreement with State Grid EV Service, a unit of China’s state-owned electricity distributor, to build 100 stations across China by 2021
- The electric car start-up has established 143 battery-swapping stations across 64 cities in China, NIO’s founder and chairman William Li Bin said in August
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Electric cars
Employees installing batteries on to an electric sport utility vehicle (SUV) during a media tour of NIO’s production facility in the Anhui provincial capital of Hefei on Friday, December 4, 2020. Photo: Bloomberg