- NIO signed a nationwide cooperation with Poly Property to co-develop charging and battery-swap infrastructure across residential, commercial and office sites, leveraging the developer’s portfolio to accelerate network rollout.
- NIO reports 9,838 total stations as of Nov. 12, 2026, including 4,253 battery-swap stations, 5,585 charging stations and 32,579 charging piles, with Poly Property operating in 41 cities and ~60M sqm of contracted projects.
- The partnership targets competitors in urban charging and swap networks and retail EV channels, but risks include site permitting, coordination across property types, operational scaling and grid-integration complexities.
NIO Power and Poly Property, a leading state-owned real estate operator in China, signed a strategic cooperation agreement in Shanghai on November 11.
The partnership will leverage Poly Property’s nationwide portfolio to jointly expand EV charging and battery-swapping infrastructure. The two companies will explore integrated energy services across residential communities, commercial properties and office developments.
Under the agreement, the partners will develop charging and battery-swapping facilities across Poly Property’s existing and new residential communities, shopping complexes, office buildings and industrial parks. Priority locations include major residential areas, commercial districts and office parks.
Their cooperation will also extend beyond infrastructure development. The two sides will work together on targeted vehicle sales, physical retail networks and distribution channels, while coordinating station operations, maintenance, customer services and data management.
Further plans include smart energy management, integrated solar power, energy storage, charging and battery swapping, as well as virtual power plant integration. The partners will also explore vehicle-grid interaction in residential communities and low-carbon community initiatives, connecting energy services with vehicle purchases and offline customer experiences.
For NIO, Poly Property’s nationwide real estate portfolio offers access to a broad range of potential sites for expanding its charging and battery-swapping network.
Poly Property operates in 41 cities across China and has more than 300 contracted property projects, covering a combined area of approximately 60M square meters, according to its official website. Its portfolio spans residential, commercial, office and industrial park properties.
These assets could give NIO access to suitable sites in major residential neighborhoods, commercial centers and office districts, accelerating the rollout of charging and battery-swapping facilities. The partners can also use their property operations to explore integrated solar-storage-charging-and-swapping solutions, virtual power plants and green mobility services for residential communities.
NIO Power has also been expanding partnerships with local industrial groups and investment platforms.
It has established partnerships with more than 40 local state-owned platforms, financial institutions and other organizations across 25 provinces, municipalities and regions. These partners have jointly developed more than 900 battery swap stations.
As of November 12, 2026, NIO had 9,838 charging and battery-swapping stations across China, including 4,253 battery swap stations and 5,585 charging stations. Its network also included 32,579 charging piles.
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