Battery Swap

Chinese EV maker Nio Inc (NYSE:NIO) launched its 1,000th Power Swap station this year on Friday, completing its deployment targets for the year. What Happened: Nio launched its 1000th new power swap station at the Sha’anxi Nature Museum in Xi’an. The company announced the achievement...

Nio Inc (NYSE:NIO) has reportedly begun trial operations of its Power Swap Station 3.0. What Happened: Nio commenced trial operation on Tuesday of faster, more efficient battery swapping stations in China, reported Reuters. Last week, it was reported that Nio's first 10 third-generation battery...

Nio Inc‘s (NYSE:NIO) first 10 third-generation battery swap stations will reportedly go live at the end of this month, earlier than scheduled. What Happened: Nio’s first 10 third-generation battery swap stations will go online on March 28, ahead of a previously announced timeline,...

A leader in electric two-wheeled hardware and battery swap solutions is going public via a SPAC merger announced Thursday. The SPAC Deal: Gogoro Inc announced a SPAC merger with Poema Global Holdings Corp (NASDAQ: PPGH). The deal values Gogoro at an enterprise value of $2.35 billion. A PIPE on the...

Chinese electric vehicle maker Nio Inc. (NYSE: NIO) could significantly reduce the construction costs of its local battery swap stations if it can take advantage of the subsidies announced by the Chinese city of Chongqing, cnEVpost reported Tuesday. What Happened: Chongqing will provide subsidies...