TECH - Nio Initiates Battery Sharing To Tackle Chinese New Year Travel Surge | Benzinga
In anticipation of the upcoming Chinese New Year and the expected travel rush, Nio Inc. (NYSE:NIO) is reportedly calling on the owners of vehicles equipped with 100-kWh long-range battery packs to participate in a battery-sharing initiative.
What Happened: Nio is encouraging its customers to swap their 100-kWh packs for 70/75-kWh standard-range packs at battery swap stations, CnEVPost reported, citing a post on Nio App. This initiative is expected to run from January 20 to February 20 and participants will be rewarded with Nio Credits and Nio points. While points are purely for benefits within the community, credits can be used ...