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$NIO Inc(NIO.US$ Weilai Automobile (new york Stock Exchange code: NIO) is a fast-growing Chinese electric vehicle company with some unique characteristics. Although Weilai is still young and relatively small in terms of global electric vehicle sales, it seems that it may one day become one of the most relevant companies in the field of electric vehicles. Weilai is not only an electric vehicle manufacturer, but also one of the most innovative companies in this field. The revolution of charging technology and proprietary software should help Weilai build a moat, a unique selling point, and possibly create new revenue sources.
BaaS: another level of revenue
I have talked extensively about Weilai's core business in previous articles. Today, I want to pay attention to the meaning behind one of Weilai's iconic features: Battery as a Service (BaaS).
Of course, many articles have already covered this topic. However, usually, these focus on BaaS and conventional charging, or how BaaS technology makes NIO cars more attractive. However, in this section, I will focus on the impact of BaaS on NIO's revenue, which may be the case one da...
BaaS: another level of revenue
I have talked extensively about Weilai's core business in previous articles. Today, I want to pay attention to the meaning behind one of Weilai's iconic features: Battery as a Service (BaaS).
Of course, many articles have already covered this topic. However, usually, these focus on BaaS and conventional charging, or how BaaS technology makes NIO cars more attractive. However, in this section, I will focus on the impact of BaaS on NIO's revenue, which may be the case one da...
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