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March 1, 2021

This Chinese EV company swaps batteries instead of waiting for them to charge

The model Nio is using has failed to catch on in the past, but the company thinks that drivers are now ready for “battery-as-a-service.” (Also, it make the cars cheaper to buy.)

If you buy an electric car from Nio, the Shanghai-based automaker often cited as the Chinese version of Tesla, you can now choose to buy it without a battery.

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