Sunday, August 16, 2026
NIO hands entire Wuhan battery-swap network to state owners
NIO Power and the Optics Valley Transport Group held a ceremony on August 12 delivering the first batch of 36 jointly operated charging and swap stations in Wuhan, transferring all of the city's existing swap-station assets to state ownership under a model where the state-capital partner holds the assets and NIO operates them. NIO has now struck similar deals with more than 40 state-capital platforms and financial institutions across 25 Chinese provinces, jointly building and operating over 800 swap stations.
/ Sources
/ Related
- NIO's ES9 flagship crosses 20,000 deliveries in 73 daysSaturday, August 8, 2026
- NIO deliveries jump 71% in July, top 1.2 million cumulativeSunday, August 2, 2026
- China's MIIT inspects NIO in second wave of EV safety raidsSaturday, August 1, 2026
- NIO's ES9 SUV becomes China's second-biggest revenue generatorFriday, July 31, 2026