NIO announced the 600th owned battery replace station in China recently. The service coverage has reached 40% residential area.

It is notable that 400 of the total 600 battery replace stations were completed in the past seven months. Obviously Nio accelerate significantly the process of building its own battery replace stations since 2021.

It is believed that with more and more battery replace stations being build, electric vehicles will be capable for long drive and travelling. Nio is also expected to have a better market performance.