Nio Inc. (NIO) to add 1,000 battery-swapping stations in China. Caroline Woods discusses this as NIO raises goal for battery-swapping station from 400 in December to 1,000. She talks about how NIO plans to build more than 2.3K battery-swapping stations in total with 400 expressway and 600 urban area battery-swapping stations. She then goes over NIO's plans to build factory for budget EV. Tune in to find out more about the stock market today.
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