Innovation Segment : Energy Storage

Innovation Insights

NIO's Battery as a Service business model platform

China

The BaaS that NIO is currently describing is simply a way to separate the body from the battery, and at the same time separate the ownership of the battery from the use of the battery.

Instead of owning the battery in the EV, the consumer will buy battery services (i.e., usage rights) from the battery asset company on a monthly basis. The battery service will be provided by the battery asset company.

More details

Innovation themes: A way to separate the body from the battery, Baas, Separate the ownership of the battery from the use of the battery, EV consumer will buy battery services.

Relevant for

  • Mechanical engineer
  • Electrical engineer
  • Electronics engineer
  • Power electronics engineer
  • Microelectronics engineer
  • Chemical engineer
  • Electrochemical engineer
  • Material sciences professional

Innovation sector

  • Electrical engineering
  • Energy efficiency
  • Energy storage
  • Logistics & transportation

Domain

Energy Efficiency

Energy storage

Sustainable transport

Type of innovation

Core sciences & engineering

Stakeholders

University researcher

Corporate researcher

Startup or entrepreneur

Solution provider

Industry

Transportation & logistics