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NIO's ambition clearly goes beyond making cars.

Recently, multiple insiders revealed that NIO is planning to establish a battery asset management company to promote the "separation of vehicles and electricity", and on this basis, launch the BaaS (Battery as a Service) product.

It is reported that the company, led by NIO Energy Company, has been planning to be established for nearly half a year and will be established in August. It will undertake NIO's power lithium battery assets and help NIO divest the ownership of the entire vehicle and battery assets, achieving a true separation of vehicle and electricity.

The concept of BaaS has been discussed by Li Bin in multiple public occasions before.

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