Timetable for more affordable Tesla slips further
Musk no longer dangling the possibility of a 2024 rollout of his firm’s new offering
The Chinese BEV manufacturer is sold on battery swapping providing it with a competitive edge
China’s Nio saw its users reach a cumulative 10bn km of driving in April. And it plans to continue with the rapid expansion of its battery swap stations that have moved in lockstep with its growth in customer miles driven.
With 320,000 of its BEVs now on the road, CEO William Li believes that April’s milestone reflects the company’s “compelling range of power solutions, such as our battery swap stations, [which] offers the freedom to travel freely, knowing a robust power solution is never far away”.
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