Overview

NIO did not try to win the EV era on vehicles alone. It treated energy replenishment as a defining user experience-and built a company around delivering it. While most automakers asked drivers to adapt to charging, NIO pursued a different promise: power that feels closer to refueling than waiting, delivered through an integrated system of battery swapping, charging access, software, and subscription-style services. This book follows how that system was assembled and why it mattered. From NIO's early premium positioning and ""user"" culture through the engineering discipline required for swap-ready vehicles and automated station generations, it shows how infrastructure, services, and product strategy were designed to operate as one business model. Along the way, it examines the economics of networks and utilization, the rise of Battery as a Service, the operational realities of scaling across cities and expressways, and the competitive pressure from ultra-fast charging empires and rival swap ecosystems. By tracking NIO through expansion, stress tests, and the push toward broader segments and global markets, the narrative makes a larger argument about the EV industry's direction: the most consequential innovations may be system-level-platforms, standards, and recurring services that turn electricity into a predictable habit. ""Swap, Don't Wait"" is a study of a company that tried to productize time, and of an industry that had to respond.

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9781970852981

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