Nio’s Battery Swap Technology Is One Great Way In Producing More Jobs

I think Nio’s battery swap technology is one great way to produce jobs. For those who don’t know what is Nio — Nio is a company that is currently specializing in producing luxury electric vehicles (EVs) for Chinese consumers in China’s mainland only. Although Nio is only producing EVs for Chinese consumers, Nio so far had only listed its stock in the United States (surprisingly not yet in China). People like to compare Nio with Tesla and thinking that Nio is a Chinese Tesla, but I think Nio is uniquely different than Tesla besides the point that both of them are producing luxury EVs. Vaguely summing my gist, besides producing EVs, Nio is trying to promoting a lifestyle which caters to Chinese consumers in which Nio knows best — this means besides selling luxurious EVs, Nio is probably trying to provide other luxurious venues that complimentary with Nio EVs. Tesla is just concentrating on producing awesome EVs.

Back to the main point in which I had raised in the first paragraph. I think Nio’s battery swap technology is great for producing more jobs! I imagine that it would require more jobs to produce even more EV batteries for the expansion of battery swap stations. As battery technology improves, Nio has to scale up newer types of EV battery output to fill up each battery swap station — this means even more jobs. As consumers see that their EV isn’t stuck with just one old battery, they can feel confident in getting out to buy an EV since they know their Nio will always be able to swap an improved battery into their EV as each time they go to a battery swap station. As Nio set the standard for battery swap station and battery swap technology, a newer chain of supply for battery swap technology would spring up which creates even more jobs. Each presence of a Nio battery swap station is like a permanent advertisement that drivers would see on the road, and so this could boost Nio’s image in long term — this could allow Nio to grow and prosper which creates even more jobs. I mean I could go on and on…

Disclaimer: I do invest a little bit of my money in Nio. Thus, I do have a favorable outlook (bias) when writing on Nio. Nonetheless, I believe Nio is a great EV automaker in the making, and this is why I have invested some of my money into Nio’s stock.

Nio’s Battery Swapping Versus Tesla’s Charging Station, Which Is Better?

If Nio can improve the range of Nio cars’ batteries by a lot, then Nio’s battery swapping stations will make Nio cars the king of electric vehicle market! Right now, Nio plans to install more battery swapping stations across China! This means more Chinese Nio car owners will not have to wait for their cars to be charged up because battery swapping takes only around three to four minutes of wait time. Check out the video right after the break to see Nio’s battery swapping in action.

So, if Nio cars can run on a longer range battery, Nio car owners don’t have to visit battery swapping station that often. With less Nio cars to have battery swapped out in Nio’s battery swapping station, the less crowded the battery swapping station can be — meaning the atmosphere can be more relaxing and friendly!

This is why I think as long Nio can improve the battery range of Nio cars, the better prospect of a battery swapping station as the default mode for getting an EV onto the road could become. I think at the moment, battery swapping station is already superior to any charging station out there. This is why I think Tesla has got to watch out for Nio because Nio could make Tesla’s charging station a big negative for upcoming EV owners in China.