[TechWeb] On August 22, on the “Power UP 2024 NIO Power Plus Day”, NIO officially announced the county-level power exchange plan.
According to the plan, NIO will step by step complete the full coverage of power exchange stations in 27 provincial-level administrative regions and more than 2300 county-level administrative regions in Beijing, Shanghai, and Guangdong by the end of 2025.
, According to the latest official data, NIO has built more than 2480 power exchange stations.
This also means that if the plan is successfully completed, the number of NIO power exchange stations by the end of 2025 is expected to exceed 5000.
NIO CEO Li Bin said in an interview with the media after the NIO Power Plus Day event that more than 70% of new energy vehicle owners are currently unable to install home filling piles.
It is necessary to rely on public power-up facilities to replenish energy, which determines that users will use replacement models as one of the important options before purchasing a car.
Li Bin believes that the encryption of the layout of the power replacement network will drive the growth of sales of power replacement models.
It is foreseeable that NIO’s county-to-county power exchange plan will further improve the NIO power exchange network, promote the continued growth of NIO and Ledao sales, and at the same time drive the growth of power exchange demand and improve the efficiency of the use of power exchange stations.
Regarding the cost and return of building a power plant, Li Bin said in an interview,”Power plant is a retention business in the long run and requires investment in the early stage of network construction.
Once the network is completed and the number of users increases, power plant will become a profitable business.
A power exchange station has an average of 60 units per day, and the station breaks even.
We now have 20% of our replacement stations meeting this standard.
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