NIO installed its first battery swapping station in Norway and plans to have 20 stations by the end of 2022.

According to Norwegian media reports, the first NIO power swap station has been installed and debugged by NIO’s team.

As per an unofficial report, 92% of NIO users in Norway have chosen NIO’s Battery as a Service (BaaS) program. Users can use batteries on a monthly rent basis, which reduces the purchase price for NIO users and eliminates concerns about battery residual values.

NIO plans to build 20 power swap stations in Norway by the end of 2022, covering the country’s five largest cities and major roads. NIO plans to build 4,000 power swap stations by 2025, with 3,000 stations in China and most of the remaining 1,000 stations in Europe.

NIO’s layout in Europe is beginning to show results. At present, NIO is cooperating with Plug Surfing, supporting over 25,000 charging piles across Europe. NIO’s home charging pile, supercharging station, and second-generation power swap station have also obtained TüV Rheinland EU certification and TüV MARK certification.

NIO’s second-generation power swap station can change the batteries up to 312 times a day, with an average time of 4.6 minutes per replacement. There are 13 batteries and 1 empty slot for receiving batteries at each station.

Norway is the first stop for NIO’s overseas expansion and has significant advantages. Norway’s electric vehicle policy is quite aggressive, providing exemptions for vehicle value-added tax (25% tax rate), etc. Furthermore, Norway’s charging infrastructure is very sound, with about 16,000 charging stations, accounting for 9% of the entire Europe. In addition, Norway is relatively tolerant of foreign brands, making it an excellent choice to enter the European market.

This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.