Battery Swap
Nio denies battery swap benefits for owners will be reduced
In response to recent rumors that it's car owners' free battery swap benefits will be drastically reduced or even cancelled, Chinese EV maker Nio today denied.
Nio says its BaaS business sees significant progress, will release implementation details in Q3
Nio's Battery as a Service (BaaS) business model has made significant progress, with the first BaaS vehicle having completed validation of insurance, loan, and registration processes, said Li Bin, Nio's founder, chairman, and CEO, during the earnings call.
Nio's tech vendor reaffirms co-op on battery swap station
Chinese technology company CSG Smart Science said today in response to a question from investors that it has a partial contract with Nio for the battery swap station project that is currently underway.
Is Nio's Battery as a Service model a good business?
At the 2020 Chengdu Auto Show on July 24, Nio founder Li Bin described his vision for BaaS (Battery as a Service).