With billions of dollars in cash, NIO lays out ambitious plans for energy replenishment system construction - CnEVPost — cnevpost.com By the end of 2025, NIO will have more than 4,000 battery swap stations worldwide, including 1,000 in overseas markets.

Here's the quick news we published at the NIO Power Day launch event:

NIO raises its target for battery swap stations this year from 500 to 700 - CnEVPost NIO's previous target for the number of battery swap stations in 2021 was 500, but the company has now raised the target by 40% to 700, according to NIO

NIO to bring over 50 battery swap stations online in coming month - CnEVPost

NIO will bring more than 50 battery swap stations online in the next month, according to NIO President Qin Lihong.

NIO's cumulative battery swap for users expected to reach 3 million in 3 days - CnEVPost

NIO has provided 2.97 million battery swap services to users, and the number is expected to reach 3 million in three days, according to NIO President Qin Lihong.

NIO's energy replenishment system open to all - CnEVPost NIO Power's charging and battery swap system and battery rental service BaaS are fully open to the industry, according to NIO co-founder and president Qin

NIO has provided replenishment services for over 30 other EV brands - CnEVPost

NIO has provided more than 100,000 energy replenishment services for more than 30 other brands of electric vehicles, according to NIO President Qin Lihong.

NIO working on over 3 new higher power charging piles - CnEVPost

NIO is developing more than 3 models of higher power and higher current charging piles and hopes to launch them soon, said Qin Lihongcheng, President of NIO.

NIO unveils four platforms to support Power Cloud - CnEVPost NIO Power Cloud is supported by four platforms, including Power Prime, which pools replenishment resources; Athena, which analyzes facility capabilities

NIO Power's patent portfolio exceeds 1,400 - CnEVPost NIO's energy replenishment system is supported by a large number of technologies, and NIO Power has obtained and is applying for more than 1,400 patents,

Here is some other news:

Citi says XPeng's inclusion in Hang Seng indexes could be positive catalyst - CnEVPost The move is expected to boost liquidity for XPeng stock and increase the likelihood it will be included in the Hong Kong-Mainland Stock Connect as early as the fourth quarter, Citi said.

Xiaomi reportedly acquires self-driving firm to accelerate car-making efforts - CnEVPost This will help Xiaomi supplement its lineup of team leaders for various modules of self-driving technology, potentially laying the foundation for the development of self-driving technology for Xiaomi cars.

GAC Aion model boasting 1,000 km range completes summer tests - CnEVPost GAC Aion said Friday that its Aion LX model with the latest battery technology has completed summer tests and will soon start mass production.

Dongfeng Motor's premium EV brand Voyah says it will enter overseas markets - CnEVPost Voyah announced Friday that it will enter overseas markets, but did not reveal which country it intends to enter first.