NIO Hits 100 Million Swaps After $2.5B Investment, 2,819 Days
100 million battery swaps mark a milestone for NIO and a landmark for the Chinese automotive industry.
Latest in EV news, technologies, data and insights from China market
100 million battery swaps mark a milestone for NIO and a landmark for the Chinese automotive industry.
Sunwoda expects the settlement to impact its net profit attributable to shareholders in 2025 by RMB 500–800 million ($72–115 million).
Lepas will target the UK and Europe with a lineup centered on plug-in hybrid and battery electric vehicles.
Li Auto’s new L9 Livis aims to compete in a crowded three-row SUV market with advanced technology.
NIO projects Q4 2025 adjusted operating profit (non-GAAP) of RMB 700 million to 1.2 billion (approximately USD 100 million to 172 million).
In Li’s view, the new L9 is positioned as an “intelligent agent” that goes beyond passive command response, with the ability to perceive, understand, and proactively serve users.
The Starting Point Research Institute predicts that by 2030, the market size for automotive sodium-ion batteries alone is expected to exceed 410 GWh.
BYD sold 2,629 vehicles in Germany in Jan 2026, more than ten times the 235 units recorded a year earlier.
In the reported three-month period, Volvo’s EV models together accounted for 49% of total deliveries, with BEVs representing 24% and PHEVs 25%.
For Geely, localized production in Europe could cut costs and reduce tariff exposure, as Chinese carmakers accelerate regional manufacturing strategies across the continent.