On December 14th, in a face-to-face meeting with NIO media, NIO CEO Li Bin emphasized that battery swapping is not a burden for NIO, and the losses from battery swapping services are limited. The annual amortization and depreciation expenses for a single battery swapping station are about 300000 to 400000 yuan. Li Bin said that it will take several years for Nio Power to achieve profitability. A single power plant can achieve profitability with 60 orders per day. Looking only at the Shanghai region, the average order volume of a single power plant has reached 80, and it has already achieved profitability.