Chinese automaker Nio is partnering with battery supplier CATL for research into longer-life EV batteries, including for use with Nio’s battery-swapping service.
The two companies “will jointly carry out discussions, make technological breakthroughs and innovation, and promote product applications,” according to a Nio press release, with CATL developing batteries with longer service lives for future Nio models.
2023 Nio ES8
Nio expects the shorter lifespan of batteries compared to the vehicles they power to become a bigger issue in the coming years. Given an average battery warranty of 8 years, Nio estimates that the battery warranties of nearly 20 million EVs will run out or will have run out between 2025 and 2032.
In the meantime, Nio claims to have extended the useful lives of its swappable batteries to the point where they can be expected to retain 80% capacity after 12 years….
Read full article originally published on www.greencarreports.com