A Look at aulton revives Hong Kong IPO bid, seeking to become first listed battery swap specialist
Nio Capital owns a 5.53% stake in Aulton, whose cross-brand model differs from the battery swap ecosystem built by Nio Inc for its own vehicles.
Nio Capital owns a 5.53% stake in Aulton, whose cross-brand model differs from the battery swap ecosystem built by Nio Inc for its own vehicles.
All three of Nio Inc’s brands will share the same swap network once fifth-gen sites go live.
The new station is compatible with all three brands — Nio, Onvo and Firefly — with the compact Firefly joining the swap network for the first time.
The delivery is a milestone in their plan to co-build 500 stations, with the footprint expanding beyond Anhui province.
The milestone comes just 6 months after the 100 million mark was reached on February 6, showing accelerating usage.
The new stations support wheelbases of up to 3.5 meters, allowing the Nio, Onvo and Firefly brands to share the network.
William Li said Nio’s 120-kWh large battery pack is still being developed, without giving a timeline.
The new variant will support vehicle-battery separation sales, potentially lowering the entry barrier.
Aiva is discussing a battery swap solution with CATL, with its first production model, the ME7, set to debut by the end of 2026.
If the plan materializes, Epicland would be among the first brands in Huawei’s automotive partnership ecosystem to explore battery swapping.