Think EV battery swap tech is a gimmick? Chinese EV company Nio says it swapped a million batteries in a week

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  • Nio says it has performed more than 100 million battery swaps since 2018
  • The technology is hailed for its ease and speed
  • Slower on-site charging also reduces the strain on the grid

The history of EV battery swap technology is as long and as complicated as the electric vehicle itself, with numerous manufacturers attempting to create networks that would allow owners to drive in and have a fresh battery inserted in minutes.

Renault worked alongside the Better Place network with its early Fluence Z.E. model back in 2011 to push battery swap technology, and even Tesla had a stab at it, finally scrapping the idea due to a lack of interest.

But Chinese manufacturer Nio has continued to push forward with battery swapping technology, stating that during China's recent May Day travel rush, its Power Swap business completed over 1 million battery swaps in a single week, according to ...

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