NIO Battery Swapping Shifts to Asset-Light After 20B Yuan Investment
NIO has poured over 20 billion yuan into charging and swapping infrastructure. Q4 2025 saw its first quarterly profit of 2.83 million yuan, but full-year net loss remained 14.943 billion yuan. In August 2026, the first 36 jointly-operated stations with Wuhan Optics Valley Transport Group were delivered, with assets owned by state capital and operations handled by NIO.
4031 day ago
