Chinese EV brand 'extremely keen' on UK but requires service partners and Power Swap stations
The battery swap model is one that, Nio says, benefits customers by giving it the ability to upgrade battery technology and also offer safety and security of the battery. Zhang said it is also good for residual values because there is no need to factor in the depletion of the battery life and capacity into a car's future value.
As with other European markets, Nio will operate a direct sales model in the UK, with online purchases supported by a number of Nio Houses where customers can see and test cars, and Galvin said talks were ongoing with partners to ensure servicing arrangements were in place. Because they store battery packs that can then be charged slowly, Power Swap stations don’t require as large a grid connection as a standard fast charger, but Galvin noted many of the sites will also offer traditional EV charging.
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