$NIO Inc.(NIO)$ is the first car maker to transform car ownership and refuelling into a subscription service. Over time, $NIO Inc.(NIO)$ could generate substantial revenue from BaaS, potentially offering cars at no cost. Does $Verizon(VZ)$ truly mind losses on handset sales? Not really. They simply want the monthly service fee for life. What other car manufacturer possesses this capability? Only NIO.
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