The brief

Analyst view

• Power Swap network: 3,700+ stations across 700+ Chinese cities, world's largest battery-swap infrastructure.
• Premium sedan lineup (ET5, ET7, ET9) and compact/mass-market models (ES6, ES7, ES8, EC6, EC7) all integrated with battery-swap ecosystem.
• Vertical integration: customers own vehicle but lease battery; swap stations handle recharging and inventory.

Technical approach

As reported

Battery swap network

Power Swap stations

Automated robotic stations exchange packs in under 3 minutes. Customers own vehicles; NIO owns batteries.

Premium sedans

ET5, ET7, ET9 sedans

Three sedans from mass-premium (ET5) to ultra-luxury (ET9) with autonomous driving, all Power Swap-compatible.

Vertical integration

Battery and swapping control

NIO makes batteries and operates swap stations, controlling quality, availability, and service consistency.