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  - NEWMOBILITY.NEWS - A La Une - 25/Jun 08:35

NIO’s sub-brand Firefly launches Battery-as-a-Service (BaaS) rental

Firefly, Chinese premium EV maker NIO’s sub-brand, launches its own ‘BaaS’ offer in China, allowing customers to buy an EV and rent the battery instead of purchasing it. This ‘Battery-as-a-Service’, already offered by NIO and its other brand, Onvo,  reduces the initial purchase price by more than 30%. The starting price of its – for the time being – sole model, the Firefly EV, is 79,800 yuan (approximately €9,580), a decrease of 40,000 yuan (approximately €4,800) or 33.39 percent. Continue reading at newmobility.news.

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