CnTechPost CnTechPost
  • Home
  • Tech
  • Gadgets
  • Software
  • Apps
  • CnEVPost
  • Contact
  • About
  • Newsletter
  • Home
  • Tech
  • Gadgets
  • Software
  • Apps
  • CnEVPost
  • Contact
  • About
  • Newsletter

Tesla's fast charging and NIO's battery swap - who will end up winning the market?

Phate ZhangOctober 23, 2020

Tesla's fast charging and NIO's battery swap - who will end up winning the market?-CnTechPost

Mileage anxiety is one of the hindrances to the development of pure electric vehicles. As for how to solve the problem of customer mileage anxiety, car companies are trying their best to improve the energy density and power of the power battery, while also shortening the time to recover mileage.

So there is Tesla as the representative of the super fast charging, and NIO, BAIC New Energy  as the representative of the battery swap technology to provide additional convenience on the basis of fast charging. So which of the two is better.

In the user experience, battery swap is better than fast charging.

On December 27, 2019, Tesla completed the construction of its first charging station with V3 Superchargers in Shanghai and opened it to the public.

NIO owner warns others to be cautious about using assisted driving as he crashes on highway

Tests conducted by Auto Home at the time showed that after about 10 minutes of charging, the vehicle reached 45% charge and the dashboard showed an increase in range of 208 km.

At around 20 minutes of charging, the vehicle reached 70% charge and the range shown on the dashboard increased by 330 km.

Finally, the car goes from a 3% charge to a 90% charge in 37 minutes and 26 seconds, increasing the range shown on the dashboard by 428 km.

In the Chinese market, where fast-charging of pure EVs is typically 80 percent in 30 minutes, the V3 Supercharger's charging performance is above average, but the charging time is still at a disadvantage compared to fuel cars.

As of October 5, 2020, NIO users have accumulated over 1 million battery swaps, which sets an industry model and shows that the acceptance of battery swaps is relatively high.

It claims that the speed of 3 minutes for a new battery is very close to the speed of refueling, which is also the core advantage of battery swap.

NIO says it has delivered battery swap service to users more than 1 million times

Fast charging is more advantageous in cost.

In June 2013, Tesla CEO Elon Musk demonstrated a fully automated battery swap pool, and Tesla finally abandoned the battery swap model when people thought it would go the way of the battery swap.

NIO launched the free battery swap as a result of a joint effort between the business and finance departments. On average, 1,000 users drive their own battery swap every day, according to current battery swap operation statistics.

A battery swap charging capacity of about 50 degrees, the cost of a single car is about 50 RMB.

NIO Vice President Zhu Jiang gives the results, because the battery swap station and its operating costs already exist, in fact, the free battery swap will add 50,000 RMB per day to our operating costs.

If we consider the rent, salary, battery maintenance (we need to replace the batteries in 3 years) and other expenses, the cost of NIO battery swap should be much more than 50,000 RMB per day.

NIO deserves a better future, says analyst

Perhaps because of the high operating costs, on October 12, 2020, NIO announced the adjustment of the free battery swap benefits, announcing the end of the free battery swap service for new car owners.

Lack of uniform standards for battery swap affects layout progress

Fast charging and battery swap two technology solutions have been supported by the policy, but the domestic fast-charging standard has been established.

NIO, BAIC, Roewe, Geely and other main car enterprises are actively promoting the battery swap standard, compared to fast charging, battery swap has been a big step behind in the establishment of standards.

In addition, although theoretically it is believed that fast charging high current will accelerate the decay of the power battery, leading to shorten the service life of the power battery, but the slow charging frequency of the power battery in the battery swap station is higher than the ordinary power battery, as to which way will be more advantageous in the service life, it is difficult to say.

Chinese investors, envious of NIO's surge, want to find any connection between their portfolio companies and NIO

With the development of technology and the increase in demand, the battery swap station needs to increase the number of batteries or the number of parking spaces for the battery swap. The battery swap station needs to be renovated, and the quick charge is smaller and more flexible than the battery swap.

NIO's lifetime free battery swap should help boost NIO's sales, but it's still unknown whether customers will continue to pay for NIO after the lifetime free battery swap is cancelled.

In the market of electric taxi and electric net-booking cars, which are pursuing operational efficiency, the demand for battery swap will be high, which will stimulate the popularity of battery swap stations.

From the details of local provincial and municipal policies to promote electric rental and net-booking cars, this is very favorable to battery swap.

If battery swap can solve the problem of charging efficiency, then fast charging will continue to lead the market, if battery swap can reduce operating costs, maybe it can win back part of the market, but it is difficult to become mainstream.

NIO-led battery swap model is about to get policy boosts in China

  • Twitter
  • Facebook
  • Reddit
  • LinkedIn
  • WhatsApp
  • Pocket
  • More
  • Telegram
  • Email
  • Pinterest
  • Tumblr
  • Skype
#Electric Car#Electric Vehicle#EV#NIO#Tesla
3
Share
Phate Zhang Administrator
Posts 5670Comments 22
Comments (0)
Back
    Be the first to comment.
Follow CnTechPost:
  • twitter
  • facebook
  • telegram
  • mail
24 Feb, 2021
Chinese AI firm iFlytek launches tablet with 10.3-inch e-ink display
Popular Posts
TOP1
China starts commissioning maglev trains with speeds up to 600 km/h
February 3, 2021
TOP2
Luckin Coffee establishes new technology company with registered capital of $1.5 million
February 3, 2021
TOP3
China surpasses US as AMD's top market
February 1, 2021
TOP4
China-made millimeter wave chip sets world record for detection distance
February 19, 2021
TOP5
Luckin Coffee restructures organization after executive infighting ends
February 19, 2021
Recent Posts
  • ByteDance reportedly moves Toutiao's CEO to TikTok Feb 25, 2021
  • Didi said to be considering entering Western European markets Feb 25, 2021
  • China Mobile, Huawei unveil new 5G calling solution Feb 25, 2021
  • NetEase reports Q4 revenue of RMB 19.76 billion, in line with estimates Feb 25, 2021
  • DJI says it will release new drone that will 'reshape imagination' on March 2 Feb 25, 2021
Topics:
5G phones Apple Baidu BYD ByteDance China-made Chips China-made operating system China-made UOS China 5G China Smartphone Market China Tech Coronavirus Covid-19 Data Electric Car Electric Vehicle EV Foldable Phone Games Google Honor Huawei Huawei Ban iPhone iPhone 12 Li Auto NIO OnePlus Oppo Realme Redmi Samsung Smartphone Stocks Tencent Tesla Tesla China Tesla Shanghai TikTok UOS Update Alert Vivo WeChat Xiaomi XPeng
  • Home
  • Tech
  • Gadgets
  • iOS
  • Android
  • Apps
  • Software
  • Cars
  • 5G
  • Hot Topics
  • Compliance Services
  • About
  • Contact Us
  • Privacy Policy
  • Newsletter
Copyright © 2019-2021 CnTechPost. Designed by CnTechPost.
loading Cancel
Post was not sent - check your email addresses!
Email check failed, please try again
Sorry, your blog cannot share posts by email.