Nio Inc (09866.HK) announced the adjustment of the battery swap service fee charging model from a fixed price model to a pay-per-use model, with the cost of a single battery swap being the electricity fee plus the service fee multiplied by the amount of electricity exchanged. When the amount of electricity exchanged does not reach the set minimum amount (20 kilowatt-hours), the corresponding service fee will be charged based on the minimum amount of electricity exchanged, while the electricity fee will be calculated based on the actual amount of electricity exchanged. The above adjustments will take effect at 00:00 on September 24th.

According to the new plan, unlimited battery swap users will not be affected and can still settle orders using the free battery swap rights. In addition, subsequent battery swaps for Joy Cars will also adopt this charging model.

Nio Inc rose 4.7% to a high of 43.4 yuan today (16th). It is now trading at 42.95 yuan, up 3.62%, with a turnover of 2.7615 million shares and involving 0.118 billion yuan.