Swap & Battery lease allows NIO to cut cost with no long term material impact. Aside from getting that gorgeous & award winning quality NIO EVs, with equivalent high quality after sales support… For customers, they get what they lease for. Convenience of fully automated swap in 3mins, “worry free” from degrading battery, can upgrade if wanting to to new bat. Assurance that swapped in battery is inspected/tested for quality & defects every time! Peace of mind driving with Battery that will not cause fire/explosion. $NIO Inc.(NIO)$ $XPeng Inc.(XPEV)$
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