China's Nio to expand battery swap services to gain an edge on EV infrastructure

Pictured here is a Nio battery swapping station in Haikou, Hainan province, China, on May 9, 2023.Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an edge on the infrastructure side of the EV ecosystem.Since November, Nio has partnered with at least four Chinese automakers — Changan, Geely, Chery and JAC — for developing battery swap standards and expanding the network in China. Nio also announced agreements earl ...