Subscribe
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.
NG
By:
Nick Gibbs
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.

Featured Stories

Pre-tariff stampede delivers double-digit retail gains in March
Pre-tariff stampede delivers double-digit retail gains in March
GMC aims to get on more consumers’ shopping lists with expanded Sierra EV lineup
GMC aims to get on more consumers’ shopping lists with expanded Sierra EV lineup
Top 150 dealership groups continue to grow strategically and consolidate the industry
Top 150 dealership groups continue to grow strategically and consolidate the industry
Here’s our list of the 2025 Top 150 dealership groups
Here’s our list of the 2025 Top 150 dealership groups

Latest News

Volvo sales fall 10% in March as EV demand dives
California has nearly 50% more EV chargers than gas nozzles
Dealership burglary suspect calls police for help after injuring himself on glass
Mercedes weighs pulling U.S. entry-level cars over tariffs
Staying current is easy with newsletters delivered straight to your inbox.

See More in Technology

Nvidia-GM deal underscores a shifting auto technology landscape
Derq uses AI outside of the car to increase driver, passenger and pedestrian safety
Traffic deaths show no signs of abating despite years of tech advances
Nvidia GTC: Here’s a recap of the auto tech developments at the AI showcase
Staying current is easy with newsletters delivered straight to your inbox.