Firefly, the small electric vehicle brand under Nio Inc (NYSE: NIO), has launched a 60-kWh battery pack, offering new and existing owners a longer-range option that extends the reach of the compact city car.
Firefly said on Friday that owners who bought the vehicle outright can permanently upgrade from the standard 42-kWh battery to the 60-kWh pack for a price difference of 17,000 yuan ($2,530).
The new battery raises the CLTC range to 560 km from 420 km, an increase of 140 km, or about 33%. The model was previously available only with the 42-kWh battery.
The update adds a battery capacity option to the same model. New buyers can select the 60-kWh battery when placing orders, while vehicles already delivered can be upgraded through a battery swap.
The upgrade allows Firefly to offer battery options with different capacities, just like Nio Inc's other two brands. Currently, the Nio main brand offers 75 kWh and 100 kWh battery packs, while Onvo offers 60 kWh and 85 kWh battery packs.
Under the plan Firefly announced, existing owners who purchased the vehicle outright must apply for the permanent battery upgrade at least 1 year after the purchase invoice date, with the upgrade price difference set at 17,000 yuan.
Existing users on the battery-as-a-service (BaaS) plan pay a permanent upgrade service fee of 3,000 yuan, and the battery rental fee after the upgrade is 599 yuan per month, compared with 399 yuan for the 42-kWh version.
The brand is also offering a limited-time upgrade promotion: eligible BaaS users can claim a 1,000-yuan service fee coupon, lowering the actual upgrade service fee to 2,000 yuan, while owners who bought the vehicle outright receive 20,000 credit points worth the same value.
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