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The moat of the electric vehicle industry is...
$NIO Inc (NIO.US)$ As electric vehicles become global, various brands and models of electric cars are growing rapidly. When electric cars in each city reach a certain level of road travel, no matter how fast the supercharging mode is, it cannot meet the charging needs of cars on the road. Only Nio's 5-minute battery swapping mode takes a similar amount of time as refueling a gasoline car. This can meet the needs of the future era of electric cars. The battery swapping mode can also unify the recycling of environmentally friendly old batteries, and can also reserve power during spare time to avoid insufficient power supply during peak charging periods on the power grid. Therefore, the Ministry of Industry and Information Technology has been vigorously promoting the battery swapping mode in China!
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大瓜666 : The benefits of power exchange are not limited to this; users have the opportunity to flexibly upgrade batteries, store energy, third-generation power exchange stations are said to be able to convert solar energy into electricity, etc. This is a big game of chess, deep strategic layout to structure the moat of the enterprise