Mirattery

Nio's battery asset operator to establish $15.5 million research institute

The institute aims to build a power battery recycling system and conduct research related to battery materials.

Nio to become largest shareholder in its battery asset management JV

Nio will become the largest shareholder of Weineng, accounting for 19.84 percent of the registered capital.

Nio's battery rental service BaaS called world-changing idea in new ranking

For Nio, the battery rental service BaaS (Battery-as-a-Service) was a major gamble on its fate. Now, as the model achieves initial success, it is becoming increasingly recognized.

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    Wuhan Weineng, Nio's battery asset management joint venture, receives capital increase

    Four months after its establishment, Wuhan Weineng, Nio's battery asset management joint venture has received its first capital increase.

    State media praises Nio-led battery swap model in two articles on same day

    In its November 13 issue, the Economic Information Daily, a subsidiary of China's state-owned Xinhua News Agency, devoted a rare two-part article to the same topic, praising the Nio-led battery swap model as the trend of the future.

    China's electric car battery swap model expected to open a huge market

    Recently, 20 Chinese companies and organizations signed the Joint Declaration on Building an Eco-circle for the "Body-to-Battery Separation" Model of New Energy Vehicles, marking the official establishment of the body battery separation eco-circle.

    Chinese investment bank CICC raises its Nio target price again, as it sees three benefits of BaaS

    Nio recently launched its BaaS (Battery as a Service) battery rental service. Chinese investment bank CICC believes that this will improve the company's gross margin, thus injecting new momentum into its car sales and performance improvement.

    BaaS: What has changed with Nio's battery rental service?

    Nio launched its long-awaited BaaS (Battery as a Service) on August 20, and the centerpiece of the launch was the two special "car invoices". For the first time, a Nio ES6 customer completed the purchase process of "buying a car without a battery".

    Nio launches BaaS battery rental service, brings car prices down by about $10,000

    Chinese electric vehicle (EV) maker Nio today announced its BaaS (Battery as a Service) battery rental service, which eliminates the need for buying the battery for all Nio models and reduces the price of a car by at least RMB 70,000 yuan (about $10,000).

    Nio sets up battery asset company, CATL has taken a stake

    The Nio-led battery asset management company, Wuhan Weineng Battery Asset Co. has been established on August 18, according to data provider Qichacha.