See, Apple? Even cars can do it :)
The company (NIO) owns them and you are leasing the batteries. The car is cheaper this way, as you don’t buy the battery up front, but pay a monthly fee (~200+ in Germany).
You have a fixed number of swaps per month, above that you have to pay extra.
Source: colleague uses a car like this and explained the details.
What if they EOL the battery and stops the leasing program? Now the perfectly fine car is non functional because it’s missing a battery. If I replace it, I’m just contributing more waste, not in materal but energy. Is that the “green” future we all after?
I’d assume you could still charge them the regular way. You’d just no longer get a fresh one, but that just puts you on par with the other EVs