Technology

Chinese EV maker Nio will let you buy its cars without a battery – Roadshow





Sure, battery swapping is a factor.


Nio

Automakers desperately wish to be handled like tech firms. Lately, they’re extra desperate to tout display sizes and driver aids than horsepower figures and {hardware}. Producers are additionally licking their chops on the prospect of charging month-to-month charges for sure facilities. Cadillac is doing simply this with its Super Cruise driving assist, and BMW is floating the idea of going to a subscription-based model for sure options like heated seats. Now, Chinese language electric-vehicle maker Nio goes an much more excessive route, it introduced Thursday.

In its residence market, Nio is providing a brand new battery-as-a-service program, or BaaS for brief. The concept is that clients should buy a brand new EV with no battery after which subscribe to at least one for a separate month-to-month charge. This could scale back the new-vehicle buy value by a whopping 70,000 yuan, roughly $10,100. However an electrical automobile with no battery is about as helpful as energy home windows on a submarine or a hairdryer you should use within the bathe.

Nio Battery Swap Map

Nio has constructed 143 battery-swap stations in China.


Nio

As for the all-important — and fully mandatory — battery, a 70-kWh pack will price 980 yuan monthly, about $140 transformed. Different capacities and costs must also be accessible.

Battery swapping looks as if a loopy thought, nevertheless it does have a number of vital advantages, together with giving EV house owners some choices. In the event that they wish to improve to a bigger battery sooner or later, they will with out issue. They’re additionally free from worrying about battery deterioration over time, and related decreases in driving vary. Lastly, automobile resale worth will doubtless be improved since, once more, battery degradation will get taken out of the equation.

Battery subscriptions will not essentially work for different automakers, as a result of not all EVs have swappable packs. Nio’s vehicles, together with the EC6, EC6 and ES8 SUVs, had been designed with this in thoughts. The corporate has greater than 1,200 patents associated to this know-how and has constructed 143 power-swap stations in China. So far, Nio has accomplished greater than 800,000 battery swaps, so clearly it is a viable know-how, and one that may catch on in different nations all over the world.





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Author

Craig Cole