BaaS: Improving the EV Experience through Battery Swapping
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APRIL 10, 2022
For example, NIO, a Chinese electric vehicle manufacturer, is promoting its attempts to build its battery-as-a-Service (BaaS) business unit under its NIO-Power brand. With EV sales in China dropping in the first half of 2020 owing to the COVID-19 outbreak and reduced subsidies, manufacturers are looking for new methods to boost profits.
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