Li Bin, chairman of NIO, is a moat for the battery swap business, not a burden

Mondo Finance Updated on 2024-01-29

At the face-to-face event of NIO, Li Bin, founder and chairman of NIO, emphasized the importance of a rechargeable, swappable and upgradable energy system for NIO, as the company's moat. He said that at present, the cost of building a battery swap station is not high, and at the same time, the battery swap station can also participate in the energy storage business in some regions, from this point of view, the battery swap business is not a burden for NIO. NIO swapped the battery

Regarding the issue of opening up battery swaps to Geely, Changan and other car companies, Li Bin said that NIO has been considering opening up since the first day of its battery swap business. He believes that battery swapping technology can bring more convenience and benefits to the electric vehicle industry, not just Wei's own business development. Li Bin called on all car companies to study and observe which models are suitable for battery swap transformation. He believes that battery swapping technology can bring more convenience and choice to consumers, and can also bring more innovation and progress to the entire industry. At the event, Li Bin also revealed that on the morning of December 14, he signed a battery swap alliance business with a car company, which means that NIO's battery swap circle of friends has been further expanded. The signing also marks an important step in the cooperation between NIO and the car company in the field of battery swapping, and the two parties will jointly promote the development and application of battery swapping technology in the future. In short, NIO's openness and cooperation in the field of battery swapping are worthy of recognition. With the continuous progress of technology and the continuous expansion of application scenarios, it is believed that battery swapping technology will bring more innovation and change to the entire electric vehicle industry.

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