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Nio launches battery-as-a-service model, asset company with CATL

Instead of paying for the battery, EV buyers disburse a monthly subscription fee of RMB 980 (USD 141) to lease a 70 kWh battery package.

1 min read
  • With policy support, the move could be a winning play for Nio.

    Videos

    Video | Will battery-as-a-service model give Nio a competitive edge?

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