Onvo, a sub-brand of Nio (NYSE: NIO), saw the use of the battery swap service by car owners reach a milestone, as the peak of travel arrives on the eve of the Chinese New Year.
Onvo drivers surpassed 5,000 battery swap services in a single day on January 25, the Nio sub-brand announced today on Weibo.
Two days ago, Nio announced that the company had provided more than 100,000 battery swap services in a single day on January 23, reaching 103,919 services.
Onvo announced earlier this month that between January 22 and February 12, all Onvo owners could enjoy unlimited free battery swap services and charging at available battery swap stations along highways in China.
Nio is not offering similar free services this time, having previously offered the benefits to increase acceptance of the battery swap service.
The upcoming Chinese New Year holiday will start on January 28 and last till February 4. The week before and the week after the holiday are usually peak travel times for the public.
Nio Inc delivered a record 31,138 vehicles in December, including 20,610 under the Nio main brand and 10,528 under the Onvo sub-brand, according to figures it announced earlier this month.
Onvo’s cumulative deliveries through the end of December stood at 20,761 vehicles, according to data compiled by CnEVPost.
Onvo officially launched its first model, the L60, an electric SUV (sport utility vehicle) that is a competitor to the Tesla (NASDAQ: TSLA) Model Y, on September 19, 2024, with deliveries beginning on September 28.
Cumulative deliveries of Nio’s main brand through the end of December totaled 650,803 units.
Nio’s power business arm, Nio Power, added 180 available battery swap stations to Onvo from January 20-26, according to data released today by the sub-brand.
As of now, the number of battery swap stations available to Onvo in China is 1,254. Nio Inc currently has 3,081 battery swap stations in China, 954 of which are located along highways.
