Technology

Nio's battery-lease plan with free swaps a hit in Norway

Nio battery swap station
Nio says that battery swapping extends the life of lithium-ion batteries. It plans to open 12 swap sites in Norway.
March 10, 2022 05:01 AM

Nio’s battery-as-a-service leasing scheme has been chosen by 95 percent of all buyers of the Chinese automaker’s electric SUV sold in Norway so far, the company says.

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