Nio reaches 50 swap stations in Europe

As of July 15, NIO had 15 battery swap stations in Norway and 17 in Germany, according to data compiled by CnEVPost.

Nio (NYSE: NIO) has rolled out 50 battery swap stations in Europe, with more than half of them in Germany and Norway.

The Chinese electric vehicle (EV) maker opened two new battery swap stations in Straume and Oslo, Norway on July 15, according to information shared on X.

As of July 15, NIO had 15 battery swap stations in Norway and 17 in Germany, according to data compiled by CnEVPost.

“Since opening our first Power Swap Station in the city of Lille, Norway in 2022, NIO users like you have appreciated the speed and convenience of battery swapping,” NIO wrote on X today.

According to the company, Nio customers in Europe have completed more than 63,000 battery swaps, and Nio has provided approximately 3 million kWh of electricity through the swaps.

“This is just the beginning. We plan to build an extensive network across Denmark, Sweden, Norway, Germany and the Netherlands to set up NIO Power Swap Stations to make it even easier to use NIO,” NIO said.

NIO has significantly accelerated the pace of building battery swap stations in Europe recently, adding seven this month, according to data monitored by CnEVPost.

The company added one station in Europe in April but none in May and June.

Europe’s 50th Power Swap station will officially open in Norway on July 15. This latest Power Swap station in Oslo marks an important milestone in our efforts to develop a European infrastructure that supports smooth mobility for all NIO users.

Since opening… pic.twitter.com/Q4N0GZL4Ej

— NIO (@NIOGlobal) July 16, 2024

This comes at a time when Chinese EV makers, including NIO, are facing higher tariffs in Europe.

The European Commission announced on July 4 that it would impose temporary countervailing duties on electric vehicles imported from China from July 5, emphasizing that negotiations with China were ongoing.

NIO will now be subject to a weighted average tariff of 20.8% on top of its original 10% rate.

Nio later said in a response provided to CnEVPost that it would maintain the prices of current models in the European market, but added that it could not rule out a price adjustment at a later date due to the introduction of the tariffs.

Nio’s Firefly model will remain competitive in Europe despite tariffs, says William Li