China's Geely to set up 5,000 battery swapping stations by 2025

Published: 2021-09-26 05:00:27 ET NIO

A battery swapping station allows drivers to change car batteries to power the rides. Chinese automaker Nio Inc plans to have 4,000 battery swapping stations globally by 2025.

China is promoting EV-related infrastructure facilities, including charging stations and battery swapping stations.

(Reporting by Yilei Sun and Brenda Goh; Editing by Clarence Fernandez)