NIO Power and Zhong'an Energy Expand China Battery Swapping Network with 500 New Stations

NIO Inc. announced on June 26 that NIO Power and Zhong'an Energy (Anhui) Co., Ltd officially signed an agreement on June 25 to jointly develop 500 battery swapping stations across China. The latest agreement builds upon the successful completion and handover of the first batch of 50 battery swapping stations in December 2025. It also represents a significant advancement for NIO Power's "technology operation + asset holding" cooperation model, extending it from a regional pilot initiative into a nationwide deployment strategy.

Under the agreement, both companies will jointly construct 500 battery swapping stations across China within one year. In addition to expanding infrastructure capacity, the partnership will broaden its geographical reach from Anhui Province to major regions across the country. The collaboration is intended to accelerate the rollout of charging and battery swapping infrastructure projects at multiple locations, supporting wider electric vehicle adoption and improving access to energy replenishment services for users.

As of June 26, NIO had established a total of 9,019 charging and battery swapping stations across China. This network includes 3,934 battery swapping stations and 5,085 charging stations, supported by 29,285 chargers. The continued expansion reflects the company's ongoing investment in charging infrastructure while strengthening its nationwide battery swapping ecosystem through strategic partnerships and long-term infrastructure development.

Frequently Asked Questions

What does the new partnership between NIO Power and Zhong'an Energy involve?
The agreement signed by NIO Power and Zhong'an Energy focuses on jointly building 500 battery swapping stations across China within one year. It expands their previous collaboration beyond Anhui Province to key regions nationwide while scaling NIO Power's "technology operation + asset holding" cooperation model. The initiative aims to strengthen charging and battery swapping infrastructure, improve electric vehicle energy replenishment, and support the continued growth of China's EV ecosystem through broader nationwide deployment.