One of Nio’s dealerships in Shanghai, on June 8, 2022. Photo: Bloomberg
One of Nio’s dealerships in Shanghai, on June 8, 2022. Photo: Bloomberg

Electric cars: Nio to build San Jose facility for testing battery swaps in early move to take business model global, report says

  • The facility near Nio’s headquarters in San Jose, California may be operational by November: report
  • Nio was the first Chinese maker of electric cars to embark on battery rental to augment its vehicle sales

One of Nio’s dealerships in Shanghai, on June 8, 2022. Photo: Bloomberg
One of Nio’s dealerships in Shanghai, on June 8, 2022. Photo: Bloomberg
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