Electric carmaker Nio and petroleum giant Shell have signed a strategic cooperation agreement to work together on charging solutions and battery swapping technologies.
Nio already operates hundreds of battery swapping stations throughout China and its collaboration with Shell will initially start with two new pilot sites and aim to reach 100 battery swapping stations by 2025.
In addition, co-branded battery swap stations will be established at Shell EV charging hubs while Shell Recharge fast chargers will be installed at various Nio locations. The cooperation will extend beyond China and into Europe where the two companies will collaborate on integrating the Shell Recharge Mobility Service Provider service, offering customers access to one of the continent’s largest roaming EV charging networks.
“Decarbonisation is a global challenge that requires broad-reaching, multi-faceted solutions,” global executive vice president of Shell Mobility, István Kapitány said in a statement. “This is the most exciting thing about our new partnership with NIO – the breadth of the collaboration and the value we can offer our EV customers together, both in Europe and in China. Together, we’ll be working to improve every aspect of the EV experience. This means we’ll offer Shell Recharge high-speed charging at NIO locations and make battery swap available at convenient Shell locations while also offering NIO customers our best home and business charging solutions.”
“The cooperation demonstrates Shell’s determination to accelerate the energy transition and commitment to contribute to sustainable development globally,” added Nio founder, chairman and chief executive William Li. “We believe that the cooperation between NIO and Shell will bring better services and experience to electric vehicle users worldwide.”