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Nio might have figured out battery swap for electric cars as it completes 500,000 swaps

Posted in business, sustainability, transportation

Over the years I have been covering electric vehicles, I’ve seen several companies attempt to add value to EVs by using swappable battery packs.

The idea is that if charging takes longer than refueling a tank of gas, we could just swap a battery pack for a fully charged one.

A startup called Better Place built its entire business model around it and went bankrupt.

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