While Tesla and others focused on bigger batteries and sooner charging, Nio invested in customer abilities, infrastructure, and leasing applications.
May perhaps perhaps fair 28, 2024
VCG/Getty Photos
Submit
Submit
Half
Annotate
Keep
Battery swapping is a technology that can also resolve one key barrier for EV adoption: shoppers’ fluctuate grief and the long waiting time for battery charging. Wouldn’t you are going to also be feeling more assured on a weekend day out whenever you knew you are going to also conclude at a swap dispute and replace depleted battery packs with entirely charged ones in five minutes? But this isn’t easy to manufacture, as Tesla and Greater Relate’s past screw ups. In China, on the opposite hand, battery swapping has been a actuality for a number of years. How did Chinese language corporations enjoy Nio construct it work with 2,300 swapping stations nationwide? What can corporations open air China be taught from the Chinese language abilities?
Fluctuate grief has been one in every of essentially the predominant barriers for electrical car (EV) adoption amongst shoppers. As an illustration, if I mandatory to force a Tesla Mannequin 3 from Paris to the accepted Mont Saint-Michel, which is roughly 360 km (or 220 miles away), I’d need to fastidiously belief my route and forestall at one in every of Tesla’s Supercharger stations advance Paris earlier than heading east, as there are simply no other Supercharger stations along the fashion.
-
Chengyi Lin is affiliate professor of Strategy and a number one expert on digital transformation at INSEAD. His analysis and teaching explore the strategic impacts of digital applied sciences, similar to AI, and drivers of innovation for global and multinational organizations.
Submit
Submit
Half
Annotate
Keep
