China EV maker Nio has completed 40 mn battery swaps so far – ET Auto
Baua Electric
MARCH 13, 2024
Swapping could help to ease the strain on power grids at peak times when drivers recharge, but industry analysts and executives expect it would only become feasible if batteries become more standardised. auto maker Tesla kicked off a price war last year. The company currently buys most of its batteries from CATL.
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