Chinese electric automaker NIO has unveiled its latest-generation battery-swap station.

The station has been created through a partnership between NIO and Sinopec and the first one has been established in Beijing. This second-generation station is the first of its kind that allows the vehicle to maneuver into the station automatically.

Each NIO Power Swap Station 2.0 has 239 sensors and four collaborating cloud computing systems that allow users to complete a self-service battery swap with just a single click from inside the car. The system can handle up to 312 battery swaps per day, making it three times as fast as the first-generation station.

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Sinopec’s chairman Yuzhuo Zhang says the company plans to establish 5,000 battery charging and swapping station across China with the help of NIO.

In addition to collaborating for the creation of the Power Swap Station 2.0, Sinopec and NIO have signed a strategic partnership that will see them cooperate in fields such as new materials, smart electric vehicle technology, Battery as a Service, as well as vehicle purchasing and facilities. Sinopec has added that it is transitioning from traditional petroleum product sales to an integrated energy service provider of oil, gas, hydrogen, electricity, and non-oil businesses.

Last month, NIO released its financial figures for the 2020 calendar year. It posted a total revenue of €850 million ($1.016 billion), an increase of 133.2 per cent compared to the fourth quarter of 2019. The company also delivered 17,353 vehicles in the fourth quarter of 2020, compared to the 8,224 deliveries in the fourth quarter of 2019.