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2021-04-13

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Nio Confirms Battery-Swap Station Partnership With Sinopec

What Happened: Nio has sent out a media invitation, saying it will sign a strategic cooperation agreement with oil giant Sinopec on April 15, as per the report. Nio also said its first second-generation battery swap station will go live at a Sinopec station in Beijing on the same day.Sinopec is the largest supplier of refined oil products and petrochemicals as well as the second-largest oil and gas producer in China. The company has more than 30,000 gas stations, ranking it second in the world.S

Nio Confirms Battery-Swap Station Partnership With Sinopec

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Nio also said its first second-generation battery swap station will go live at a Sinopec station in Beijing on the same day.Sinopec is the largest supplier of refined oil products and petrochemicals as well as the second-largest oil and gas producer in China. The company has more than 30,000 gas stations, ranking it second in the world.S","content":"<p>Chinese electric vehicle maker&nbsp;<b>Nio Inc.</b>&nbsp;NIO&nbsp;has confirmed its long-awaited partnership with<b>China Petroleum &amp; Chemical Corporation</b>SNP, or Sinopec, on setting up battery swap stations at Sinopec’s gas filling stations, cnEVpostreportedMonday.</p>\n<p><b>What Happened:</b>&nbsp;Nio has sent out a media invitation, saying it will sign a strategic cooperation agreement with oil giant Sinopec on April 15, as per the report. Nio also said its first second-generation battery swap station will go live at a Sinopec station in Beijing on the same day<b>.</b></p>\n<p>Sinopec is the largest supplier of refined oil products and petrochemicals as well as the second-largest oil and gas producer in China. The company has more than 30,000 gas stations, ranking it second in the world.</p>\n<p>Speculation about a link between Nio and Sinopec emerged in February after it wasreportedthat Sinopec Chairman Zhang Yuzhuo visited a Nio battery swap station during the Chinese New Year holidays.</p>\n<p><b>Why It Matters:</b>&nbsp;Nio is relying on service offerings to make an impact on customers in China. The company has pioneered the concept ofbattery-as-a-servicethat would allow users to rent a battery instead of purchasing one, helping to trim the cost for EV owners. Battery-swapping also provides the advantage of saving time as opposed to charging.</p>\n<p>Niounveiledits second-generation battery swap station at the NIO Day in January this year.The power swapping station can accommodate 13 batteries and has a daily capacity of up to 312 swaps.</p>\n<p>The new swap station is designed so that users can start a self-service swap with one tap on the center display without getting out of the vehicle.</p>\n<p>Nio aims to have 500 stations in operation nationwide by the end of this year.</p>\n<p><b>Price Action</b>: Nio shares closed almost 2.6% lower on Monday at $37.14, while Sinopec shares closed almost 0.9% higher at $52.25.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nio Confirms Battery-Swap Station Partnership With Sinopec</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNio Confirms Battery-Swap Station Partnership With Sinopec\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-13 16:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Chinese electric vehicle maker&nbsp;<b>Nio Inc.</b>&nbsp;NIO&nbsp;has confirmed its long-awaited partnership with<b>China Petroleum &amp; Chemical Corporation</b>SNP, or Sinopec, on setting up battery swap stations at Sinopec’s gas filling stations, cnEVpostreportedMonday.</p>\n<p><b>What Happened:</b>&nbsp;Nio has sent out a media invitation, saying it will sign a strategic cooperation agreement with oil giant Sinopec on April 15, as per the report. Nio also said its first second-generation battery swap station will go live at a Sinopec station in Beijing on the same day<b>.</b></p>\n<p>Sinopec is the largest supplier of refined oil products and petrochemicals as well as the second-largest oil and gas producer in China. The company has more than 30,000 gas stations, ranking it second in the world.</p>\n<p>Speculation about a link between Nio and Sinopec emerged in February after it wasreportedthat Sinopec Chairman Zhang Yuzhuo visited a Nio battery swap station during the Chinese New Year holidays.</p>\n<p><b>Why It Matters:</b>&nbsp;Nio is relying on service offerings to make an impact on customers in China. The company has pioneered the concept ofbattery-as-a-servicethat would allow users to rent a battery instead of purchasing one, helping to trim the cost for EV owners. Battery-swapping also provides the advantage of saving time as opposed to charging.</p>\n<p>Niounveiledits second-generation battery swap station at the NIO Day in January this year.The power swapping station can accommodate 13 batteries and has a daily capacity of up to 312 swaps.</p>\n<p>The new swap station is designed so that users can start a self-service swap with one tap on the center display without getting out of the vehicle.</p>\n<p>Nio aims to have 500 stations in operation nationwide by the end of this year.</p>\n<p><b>Price Action</b>: Nio shares closed almost 2.6% lower on Monday at $37.14, while Sinopec shares closed almost 0.9% higher at $52.25.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102467681","content_text":"Chinese electric vehicle maker Nio Inc. NIO has confirmed its long-awaited partnership withChina Petroleum & Chemical CorporationSNP, or Sinopec, on setting up battery swap stations at Sinopec’s gas filling stations, cnEVpostreportedMonday.\nWhat Happened: Nio has sent out a media invitation, saying it will sign a strategic cooperation agreement with oil giant Sinopec on April 15, as per the report. Nio also said its first second-generation battery swap station will go live at a Sinopec station in Beijing on the same day.\nSinopec is the largest supplier of refined oil products and petrochemicals as well as the second-largest oil and gas producer in China. The company has more than 30,000 gas stations, ranking it second in the world.\nSpeculation about a link between Nio and Sinopec emerged in February after it wasreportedthat Sinopec Chairman Zhang Yuzhuo visited a Nio battery swap station during the Chinese New Year holidays.\nWhy It Matters: Nio is relying on service offerings to make an impact on customers in China. The company has pioneered the concept ofbattery-as-a-servicethat would allow users to rent a battery instead of purchasing one, helping to trim the cost for EV owners. Battery-swapping also provides the advantage of saving time as opposed to charging.\nNiounveiledits second-generation battery swap station at the NIO Day in January this year.The power swapping station can accommodate 13 batteries and has a daily capacity of up to 312 swaps.\nThe new swap station is designed so that users can start a self-service swap with one tap on the center display without getting out of the vehicle.\nNio aims to have 500 stations in operation nationwide by the end of this year.\nPrice Action: Nio shares closed almost 2.6% lower on Monday at $37.14, while Sinopec shares closed almost 0.9% higher at $52.25.","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":7,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}