Electric & Hybrid Vehicle Technology International
  • News
    • A-F
      • Battery Technology
      • Buses & Commercial Vehicles
      • Charging Technology
      • Concept Vehicle
      • Electrification Strategies
      • Fuel-cell Technology
    • G-K
      • Hybrid Powertrain
      • Hybrid/electric Architecture
      • ICE Hybrids
      • Industry News
      • Joint Ventures
    • L-Q
      • Manufacturing
      • Materials Research
      • Motor Technology
      • Motorsport Electrification
      • NVH
      • OEM News
      • Powertrain Components
      • Pure-electric Powertrain
    • R-Z
      • Range Extender
      • Solid-state Battery Technology
      • Testing
      • Transmissions
  • Features
  • Online Magazines
    • March 2025
    • November/December 2024
    • July 2024
    • March 2024
    • November 2023
    • July 2023
    • March 2023
    • Archive Issues
    • Subscribe Free!
  • Technical Articles
  • Opinion
  • Videos
  • Supplier Spotlight
  • Webinars
  • Events
LinkedIn YouTube X (Twitter)
Subscribe to Magazine SUBSCRIBE TO EMAIL NEWSLETTER MEDIA PACK
LinkedIn
Electric & Hybrid Vehicle Technology International
  • News
      • Battery Technology
      • Buses & Commercial Vehicles
      • Charging Technology
      • Concept Vehicle
      • Electrification Strategies
      • Fuel-cell Technology
      • Hybrid Powertrain
      • Hybrid/electric Architecture
      • ICE Hybrids
      • Industry News
      • Joint Ventures
      • Manufacturing
      • Materials Research
      • Motor Technology
      • Motorsport Electrification
      • NVH
      • OEM News
      • Powertrain Components
      • Pure-electric Powertrain
      • Range Extender
      • Solid-state Battery Technology
      • Testing
      • Transmissions
  • Features
  • Online Magazines
    1. March 2025
    2. November/December 2024
    3. July 2024
    4. March 2024
    5. November 2023
    6. July 2023
    7. March 2023
    8. November 2022
    9. July 2022
    10. Archive Issues
    11. Subscribe Free!
    Featured
    March 24, 2025

    New issue available now! March 2025

    News By Web Team
    Recent

    New issue available now! March 2025

    March 24, 2025

    New issue available now! November/December 2024

    December 2, 2024

    In this issue – July 2024

    July 19, 2024
  • Technical Articles
  • Opinion
  • Videos
  • Supplier Spotlight
  • Webinars
  • Events
LinkedIn
Electric & Hybrid Vehicle Technology International
Battery Technology

Nio rolls out Battery as a Service plan for its electric vehicles

James BillingtonBy James BillingtonAugust 21, 20202 Mins Read
Share LinkedIn Twitter Facebook Email
Nio

Chinese electric vehicle manufacturer Nio has officially launched Battery as a Service (BaaS) for customers in China where they are able to swap out batteries of their EVs.

It means BaaS users can purchase a car without the battery, making EVs more price competitive against existing powertrains, while also providing the flexibility to change battery capacity depending on their needs and pay accordingly. In addition, BaaS also represents a systematic solution to the long-existing challenges for EV penetration, including battery degradation, battery upgradability, and lower resale value.

BaaS is based on NIO’s innovative battery swapping technologies and national network of 143 Power Swap stations and services. NIO has already obtained more than 1,200 patents related to battery swapping and completed over 800,000 swaps for users. Recently, China’s first national electric vehicle battery swapping standard, of which NIO took the initiative in drafting together with China Automotive Technology & Research Center (CATARC) and other OEMS, has been approved, promoting the development of battery swapping technologies and services. This is further enhanced with the 2020 policy of national NEV subsidies that favor battery swapping technology.

With the battery price not included in the vehicle sales price, nor in the finance payments, the costs are significantly lower to switch to an EV.

Share. Twitter LinkedIn Facebook Email
Previous ArticleVolta Trucks announces reveal date of its all-electric commercial vehicle
Next Article Lucid Air to be fastest ever charging electric vehicle, with 300 miles of range in 20 minutes
James Billington

Related Posts

Battery Technology

BMW and Solid Power achieve milestone with first ASSB road test

May 20, 20252 Mins Read
Battery Technology

Altilium successfully tests EV batteries made with recycled materials

May 15, 20252 Mins Read
Battery Technology

24M Technologies urges battery redesign to prevent costly EV fire recalls

May 8, 20252 Mins Read
Latest Posts

The right laser optic for every weld

May 22, 2025

Tesla loses European market lead to BYD amid shifting EV landscape

May 22, 2025

BMW and Solid Power achieve milestone with first ASSB road test

May 20, 2025
Our Social Channels
  • YouTube
  • LinkedIn
Getting in Touch
  • Free Email Newsletters
  • Meet the Editors
  • Contact Us
  • Media Pack
FREE WEEKLY NEWS EMAIL!

Get the 'best of the week' from this website direct to your inbox every Thursday


© 2023 Mark Allen Group Ltd | All Rights Reserved
  • Cookie Policy
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.