NIO's Battery-as-a-Service (BaaS) promises revolutionary convenience for EV owners: a subscription model slashing upfront costs by up to 30% while enabling lightning-fast swaps at over 2,400 stations worldwide. In theory, users rent batteries, swapping depleted packs for fresh ones in under three minutes—faster than refueling a gas guzzler. But beneath the glossy marketing lies a glaring flaw: the lottery of receiving a degraded or faulty battery, turning promised reliability into Russian roulette. The core issue stems from BaaS's shared pool dynamic. Batteries circulate among thousands of subscribers, enduring varied abuse—overzealous fast-charging, extreme temperatures, or neglectful owners. NIO's Power Cloud monitors health via state-of-health (SOH) metrics, pulling packs below threshol
Revenue will continue to be stronger with growing battery storage revenues. Battery storage have higher gross profit margins as compared to selling of cars. This will result in higher revenue and even higher gross and net profit margins.
