NIO Power Swap Station 4.0 Now Operational (2024)

NIO Power Swap Station 4.0 Now Operational (1)

June 13, 2024, Guangzhou, China - The first batch of NIO Power Swap Station 4.0 went live. The fourth generation supports automated battery swap for multiple brands and different vehicle models. NIO, ONVO and all battery swap strategic partners can access the new stations for a comprehensively elevated battery swapping experience that is more convenient than gas refueling.

NIO'sPower Swap Station 4.0 comes standard with six ultrawide-FOV LiDARs and fourOrin X chips, realizing a total computing power of 1,016TOPS. Users can startan automatic battery swap with just one tap on the center display, or evenwithout being in the car. 22% faster than Gen-3, the new station can complete aswap in 144 seconds. With the compartment enlarged to accommodate 23 batteries,each station can provide up to 480 swaps per day. Both speed and capacity arebrought to the next level. Launched together with the new battery swap stationwas the 640kW Liquid-Cooled Power Charger, boasting a maximum current of 765Aand a voltage of 1,000V. The liquid-cooled charging cable developed by NIO isas light as 2.4kg, comparable to a laptop and friendly to one-hand operation.

The first new stations were installed in theLiwan District of Guangzhou and the Luoji Service Area on the G40Shanghai-Shaanxi Expressway. The one in Guangzhou is the 108th station of thecity. The station on the G40 Expressway is in Lu'an, Anhui Province is thefirst station jointly established by NIO and Zhongan Energy after signing thestrategic partnership agreement on March 22. Going forward, NIO and ZhonganEnergy will deploy more all-in-one stations, meaning the charging and swappingstations also capable of solar power generation and energy storage, in AnhuiProvince, from where the network will radiate to the Yangtze River Delta andeven the entire country.

Since establishment, NIO has been makingunwavering commitment to develop charging and swapping technologies and productR&D, and continuously developing the infrastructure network. As of June 13,NIO has installed 2,432 Power Swap Stations and 22,633 chargers in China, amongwhich 804 swap stations and 1,650 super chargers are on highways. NIO is thecar company with the largest battery swapping and charging network in China.Doubling down on its efforts, NIO is committed to providing users with a holisticrecharging experience beyond refueling.

About NIO

NIO is a global smart electric vehicle company.Founded in 2014, NIO has been committed to shaping a joyful lifestyle byoffering high-performance smart electric vehicles and ultimate experience. Nineyears into establishment, NIO is one of the leading companies in the globalpremium smart electric vehicle market, and also the first car company listed onthe NYSE, HKSE and SGX.

Aiming to foster its own research and developmentcapabilities for core technologies, NIO has developed NIO Full Stack, acollection of 12 technology domains, including chips and smart hardware,battery system, electric drive and high-voltage system, vehicle engineering,vehicle operating system, vehicle connectivity, assisted and intelligentdriving, smart cabin, smart power, smart manufacturing, artificial intelligenceand global digital operations, which has made possible the industry-leadingproducts, such as SkyRide Chassis System, NX6031 LiDAR control chip, and NX90315nm AD chip. As of March 31, 2024, NIO had filed and obtained more than 8,700patents worldwide. Currently, NIO has R&D centers and manufacturingfacilities in Shanghai, Hefei, Beijing, Nanjing, Shenzhen, Hangzhou, San Jose,Munich, Oxford, Berlin, Budapest and Singapore. Its sales and service networksalso have an expansive reach in over 300 cities in China, Norway, Germany, theNetherlands, Sweden and Denmark.

At present, NIO has eight smart electric models inits lineup, including the flagship SUV ES8, flagship coupe SUV EC7, mid-largeSUV ES7, flagship sedan ET7, all-round SUV ES6, coupe SUV EC6, mid-size sedanET5 and mid-size tourer ET5 Touring. In December 2023, NIO's executive flagshipET9 made its global debut, and the delivery is expected to start in 2025. As ofApril 30, 2024, NIO delivered a total of 495,267 vehicles, leading the premiumbattery electric vehicle segment priced above RMB 300,000.

In addition to the state-of-the-art smart electricvehicle technologies and experience, NIO has introduced various innovativeservice models, featuring NIO Power, NIO Service, Battery as a Service (BaaS),flexible battery upgrade plan and NIO Certified which is NIO's pre-ownedvehicle program, to offer an ultimate service experience throughout the productlifecycle. NIO is the car brand that owns and operates the most charging pilesand Power Swap Stations in China. By the end of April, NIO had installed 2,454Power Swap Stations and 22,138 chargers, and connected with over 1.5 millionnon-NIO chargers worldwide. Its battery swap network runs through 13 trunkexpressways and 11 city clusters in China. Moreover, NIO has partnered withChangan Automobile, Geely Holding, JAC Group and Chery Automobile in batteryswap to jointly promote the development of the battery swap network andindustry standards.

Adopting the direct-sales model, NIO offers aseries of comprehensive services seamlessly via the NIO app. Combining onlineand offline touch points, such as NIO House and NIO Space, as well as NIOusers' exclusive radio program NIO Radio and the lifestyle brand NIO Life, NIOhas created a community that starts from and goes beyond the car, where usersto share joy and grow together.

Media Contact:

Emma Hai

emma.hai@nio.com

NIO Power Swap Station 4.0 Now Operational (2024)

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