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April 20, 2021updated 12 May 2021 6:49pm

Nio and Sinopec launch automated EV battery swapping station

Chinese electric vehicle (EV) startup Nio last announced it had entered into a strategic partnership with China Petrochemical Corporation (Sinopec) to establish a EV battery swapping network in China.

Chinese electric vehicle (EV) startup Nio last announced it had entered into a strategic partnership with China Petrochemical Corporation (Sinopec) to establish a EV battery swapping network in China.

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The first of a new generation of EV battery exchange stations, using the Nio Power Swap Station system, would be based at Sinopec’s Chaoying refueling station in Beijing.

Nio said in a statement: “The partnership… is an important milestone to further develop China’s smart EV industry. It is a concrete measure to help achieve peak carbon emissions and achieve carbon neutrality.”

The Nio product was “the world’s first mass-produced battery swap station that allows vehicles to manoeuvre into the station automatically using 239 sensors and four collaborating cloud computing systems that maximise the application of visual recognition technology”.

The company claims users can complete a self-service battery change with one click of a button while remaining in the car. The system is capable of completing up to 312 swaps a day, significantly improving efficiency.

Sinopec said it wanted to have a nationwide network of 5,000 outlets in place by 2025.

Free Report
img

What's next for the Automotive industry?

The theory of the peak car – particularly in the triad markets of the US, West Europe and Japan – and the need for sustainable transportation have driven the pivot to mobility in the automotive industry. Both of these drivers are motivating OEMs to change, while society at large is interested in sustainable transport.    GlobalData’s forward-looking report provides you with insights into the direction that the automotive industry is heading in the next few years. It covers: 
  • The forces transitioning automotive to mobility services 
  • CASE megatrends, and their relationship with COVID-19 
  • The way forward for autonomous vehicles 
  • Sustainability issues in automotive 
Examine the factors contributing to the future growth of different segments of the automotive industry.   Download the full report to align your strategies for success and get ahead of the competition.  
by GlobalData
Enter your details here to receive your free Report.

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