NIO's CEO discusses EV battery-swapping as a response to fears over battery degradation
MOVE: Mobility Re-Imagined MOVE: Mobility Re-Imagined
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 Published On Nov 23, 2023

Ganesh Iyer the CEO of NIO USA spoke at the MOVE America conference about how NIO are innovating and transforming their company in order to challenge one of the biggest issues in the transition to electric vehicles (EVs) – range anxiety.

Iyer himself described NIO as a “pioneer in the smart EV industry” that was founded originally in 2014, boasting a design centre in Munich and in the Silicon Valley which Iyer leads himself as the company’s key innovation centre.

He also emphasised that “we are not a car company, we are a lifestyle brand” that holds user enterprise as its key interest. In this interview, Iyer also comments on his panel that he joined at the conference: “Circular batteries: how recycling programs are driving a sustainable battery ecosystem”. Iyer explains how the panel discussion turned to the obstacle of battery degradation and how this can be combatted.

He also mentioned NIO’s attempts at hurdling this obstacle via their power replenishment system, which allows users to charge, swap, or upgrade their depleted EV battery, giving a channelled focus on the innovation of the swapping system.

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