$NIO Inc (NIO.US)$ recently announced a new strategic partnership with energy giant  $SHELL PLC (RYDAF.US)$ that will aid that expansion in Europe, as well as growth in its domestic Chinese market. Nio and Shell plan to construct and operate battery charging and swapping stations in both China and Europe. The companies will begin to install pilot stations in Europe next year, and will add 100 battery swapping stations in China by 2025. Nio offers a battery-as-a-service swapping option for customers that lowers the upfront cost of the vehicle, and provides Nio with ongoing subscription revenue.
What do you think?  too the moon?