NIO has just held the second annual NIO Power Day event with a focus on introducing the company’s latest plans regarding charging
Qin Lihong, co-founder and president of NIO said that the company has developed 500-kW ultra-fast charging piles with a peak current of 650 A which will begin installation in China and Europe by the end of this year.
NIO implies that the ultra-fast charger has 20kW more charging power than its competitors.
Qin also said the company’s third-generation battery swap station will have a larger capacity and more flexible layout.
Development of the third generation battery swap station is nearing its end and is being piloted. Qin said the third-generation battery swap station will be at the end of the year or early next year.
NIO recently operated 12 new battery exchange stations in China, bringing it to a total of 1,011 and officially crossing the 1,000th milestone.
The NIO battery swap station can store up to 13 batteries and has the capability of serving a maximum of 312 battery swaps.