NIO launches its Battery as a Service (BaaS) Plan
The Chinese EV-maker announced the release of its BaaS plan today at the NIO event in its Beijing 'NIO house'. Users who choose the BaaS plan to buy NIO vehicles do not need to purchase battery packs when buying a car, the price of the car is said to be reduced by CNY 70,000. BaaS users can choose to rent battery packs of different capacities according to actual usage needs, and pay monthly service fees. The new service users can enjoy NIO's battery replacement service and flexible battery upgrade service and can receive the national new energy vehicle purchase subsidy and purchase tax exemption policy support.
This text is a result of machine translation.
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