Monday, May 16, 2022

Nio & Shell launch strategic partnership

Chinese electric car manufacturer Nio and Dutch Petroleum company Shell have entered into a strategic partnership to collaborate on charging and battery swap facilities in both China and Europe.

The agreement is for Nio and Shell to construct and operate battery charging and swapping facilities. Nio and Shell plan to jointly install 100 battery swap stations in China by 2025 and construct and operate pilot stations in Europe from 2022.

For Shell, the deal offers the benefits of Nio’s already existing and fairly extensive network of fast-charging stations, battery swapping stations and destination chargers in China. For Nio, the European part of the deal is particularly interesting for its further expansion.

The Chinese electric car company will not only have a partner with attractive locations for possible battery exchange stations in Europe. As part of the agreement, Shell’s charging station network in Europe will also be available to Nio users.

Nio and Shell have also agreed to explore opportunities for further cooperation in battery asset management, fleet management, membership systems, home charging services, advanced battery charging and exchange technology development, along with the construction of charging stations in China.

“We believe that the cooperation between NIO and Shell will bring better services and experiences to electric vehicle users worldwide,” said Nio founder and CEO William Li.

István Kapitány, Global Executive Vice President of Shell Mobility, adds,

“This means we’ll offer Shell Recharge high-speed charging at NIO locations and make battery swapping available at convenient Shell locations. We will also be offering NIO customers our best home and business charging solutions.”

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Hi I'm Leanne. I'm a big fan of electric cars (drive a Model 3 myself) and support the movement to go electric! I hope you enjoy my Articles here on the website.
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