A little out of date now but:
> As of June 2024, Nio had installed 2,432 power swap stations in China, including 804 along highways, representing the largest battery swapping network in the country. Nio aims to expand to 4,000 stations globally by 2025. By February 2025, Nio had 3,106 battery swap stations in China, with 964 located along highways. In January 2025 alone, Nio added 111 swap stations and provided 2,949,969 battery swap services, averaging 95,160 daily.
https://enertherm-engineering.com/chinas-battery-swap-revolu...
From the country that brought you mass wastage of bicycles, now we get battery swapping.
This is pretty much just a "gamble by deploying as quickly as possible making our system the standard if it catches on" type of investment.