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Electric vehicle maker Nio just proved battery swapping can work at massive scale, completing nearly 1.2 million battery swaps across China during a single holiday week. The milestone shows a faster alternative to charging stations might be gaining real traction.
A decade after its founding, Chinese electric vehicle maker NIO just built its one millionth car, marking a stunning rise in the global shift to clean transportation. The milestone signals China's emergence as a major force in the worldwide electric vehicle revolution.