Chinese language automaker Nio on Friday unveiled its first 100-kilowatt-hour battery pack, which will likely be provided as a subscription-based improve to present automobiles, with “pre-orders” opening November 7.

This provides to Nio’s “battery as a service” mannequin that entails buying the automobile however paying a month-to-month payment for using the battery pack.

That was beforehand provided in China for 70-kwh packs used within the ES8, ES6, and EC6 electrical vehicles. Prospects with 70-kwh vehicles will have the ability to buy the 100-kwh pack outright, or pay subscription charges of 880 yuan a month (equal to $133 a month at present trade charges) or 7,980 yuan per yr ($1,207) for the improve.

New prospects are charged the equal of $1,480 monthly for the 100-kwh battery subscription, however get a $19,360 low cost on the automobile. That is in comparison with $148 a month for the 70-kwh pack, with a $10,587 low cost on the automobile.

2019 Nio ES8 and ES6

2019 Nio ES8 and ES6

Along with its bigger capability, Nio claims the 100-kwh pack has 37% better vitality density than its earlier designs. This allows a spread of as much as 382 miles, in accordance with the corporate, possible as measured on the Chinese language testing cycle.

It claims a 40% enchancment in manufacturing effectivity for the brand new battery pack, in addition to improved thermal administration.

Nio is the one automaker to have a large-scale battery-swapping operation established. It claims to have 158 battery-swapping stations in China, with 1.18 million swaps carried out to date.

The automaker seems to be rebounding in its dwelling market after a difficult 2019. Charging (and swapping) infrastructure has been a energy, and Nio final yr agreed to share its charging community with Chinese rival Xpeng.