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Nio completes nearly 1.2 million battery swaps over 7-day holiday, sets daily record twice

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Nio completes nearly 1.2 million battery swaps over 7-day holiday, sets daily record twice

Nio Inc (NYSE: NIO) provided nearly 1.2 million battery swaps during the recent 7-day National Day holiday in China, setting daily records twice as peak travel demand put its energy replenishment network to the test.

The Chinese EV maker's 4,168 battery swap stations completed 1,192,221 swaps from October 1 to 7, with the daily average rising 22% from a year earlier, according to a holiday charging and battery swap report released on Friday.

Including charging, Nio's 9,567 charging and battery swap stations across China provided 2,071,582 services during the holiday, with the daily average up 20.5% year-on-year. The figures cover its 3 brands: Nio, Onvo and Firefly.

Daily battery swaps hit a record 183,469 on October 1, China's National Day. That record was broken again during the return travel peak on October 5, when swaps reached 183,664.

That meant a vehicle completed a battery swap and departed every 0.47 seconds on average at peak demand, Nio said.

The previous daily record was 177,627 swaps, set on February 22 during the Spring Festival travel peak. Daily swaps reached 170,585 on May 1 during the Labor Day holiday peak, according to previous CnEVPost reports.

During this year's Labor Day holiday, Nio's 3,839 battery swap stations completed 1,031,469 swaps over 7 days.

Highways accounted for a key share of holiday battery swap demand. 7% of the nationwide highway total.



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