Nio gets creative to help offset EV sales slump

A Nio battery swap station in Norway — Nio would like to use bidirectional technology to allow its battery swap stations in Europe to sell electricity back to the grid. (NIO)

October 16, 2024 03:00 AM

Chinese EV maker Nio is trialing different ways to monetize its growing network of battery swap stations in Europe as sales of its premium electric vehicles stall.

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