NIO and CATL jointly promote the development of long-life batteries to promote the sustainable development of the new energy vehicle industry

NIO is working with CATL to jointly promote the R&D and innovation of long-life batteries. This initiative aims to increase the service life of power batteries to 15 years and maintain 85% health. At the same time, NIO has also lowered the BaaS battery rental service fee to cope with the approaching expiration of the new energy vehicle battery warranty.