Securities Times e-Company News: On June 13th, the first batch of NIO's fourth generation battery swapping stations were officially launched, which will support independent battery swapping for multiple brands and models. Compared to the previous generation, the fourth generation NIO battery swapping station has a 22% increase in battery swapping speed, with the fastest time being only 2 minutes and 24 seconds. The number of battery slots has increased to 23, and the maximum daily service frequency can reach 480 times. The first batch of fourth generation battery swapping stations of NIO were launched earlier than Guangzhou Liwan Huadi Square and the G40 Shanghai Shaanxi Expressway Luoji Service Area in Lu'an City. Among them, the G40 Shanghai Shaanxi Expressway Luoji Service Area's fourth generation battery swapping station is the first battery swapping station jointly constructed by NIO and Zhong'an Energy.