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1. Firefly BaaS Launch Timeline Initial Announcement: Firefly’s BaaS program was confirmed during its launch event on April 19, 2025, but specific pricing details were deferred. The program will officially go live on August 1, 2025. Purpose: BaaS allows buyers to purchase the vehicle body separately and rent the battery, reducing the upfront cost by tens of thousands of yuan (exact savings to be announced). 2. Expected Pricing Structure Comparative Context: Nio Main Brand (ET5): BaaS reduces the price from RMB 298,000 to RMB 228,000, with monthly rentals starting at RMB 728. Onvo (L60): BaaS lowers the price from RMB 206,900 to RMB 149,900, with rentals at RMB 599/month. Firefly Projections: The Firefly’s base price (with battery) is RMB 119,800 ($16,410). Analysts estimate BaaS could reduce this to ~RMB 80,000–90,000, with monthly rentals likely between RMB 400–500. Higher-tier trim (Faguang) may see proportionally similar reductions. 3. Strategic Importance Market Expansion: BaaS aims to attract cost-sensitive urban buyers, especially young professionals and middle-class families seeking a second car. Competitive Edge: Firefly’s BaaS will undercut rivals like the Volkswagen ID.3 and BYD Dolphin, which lack battery-swap options. 4. Battery Swap Compatibility Technology: Firefly supports Nio’s 4th-gen battery swap stations in China, with plans to upgrade to 5th-gen stations in early 2026. Early Access: Demonstration swap stations will debut in high-demand cities post-launch. 5. Global Rollout Considerations Europe: Firefly’s European BaaS pricing (expected in late 2025) will likely be higher due to tariffs and operational costs. For example, the base Firefly costs €23,500 in Norway and €29,900 in the Netherlands (with battery included) Otherwise a disclaimer to note on these video is that all content that I will be sharing on the video must not be taken as professional financial advise as there are just my opinions. Otherwise for more stock market videos visit our youtube channel @Phumudzo Siphoro #niostock #nio #investing