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NIO-SW To Deploy 1,000+ Battery Swap Stations This Yr
2026-05-22 12:11:59 William Li, Founder, Chairman and CEO of NIO-SW (09866.HK), said the company's overall growth this year, particularly fueled by higher-priced new products, will strongly support full-year growth in revenue, sales volume and gross profit, and the group is confident of this. ONVO will also introduce new product plans, Li revealed. The current overall strategy is to launch approximately three to five relatively new models to the market each year. He emphasized that the group will not pursue an absolute number of new vehicle launches, but will ensure each model achieves a leading market share in its respective segment. Regarding battery swapping, Li noted that each station currently averages about 40-45 swaps per day during peak periods. In the short term, network expansion remains a top priority, with more than 1,000 battery swap stations to be deployed for the full year. Fifth-generation stations will begin large-scale deployment in 3Q26. Directionally, the profitability and operating conditions of battery swap stations are steadily improving, he said. However, the group will maintain proactive and upfront investment in the near term, so short-term profitability is not the primary objective. ~ AASTOCKS Financial News Website: www.aastocks.com | |