Why is battery swapping becoming successful in China? Well, mainly due to heavy governmental support. Besides that, the strong state–controlled battery standards benefit the swapping stations industry. In May 2020, China included battery-swapping development into its “new infrastructure” campaign – a national project to offset the economic impact of the pandemic and in order to boost sustainable growth. NIO for instance was unable to quickly expand its network of battery swap stations until it received an investment of 7 billion yuan ($1.1 billion) from state-owned companies in the first quarter of 2020.