NIO partners with CATL, officially signs contract for long-life battery business. On March 14th, NIO officially signed a contract with CATL for the long-life battery business. It is reported that NIO's BaaS battery rental service has also been adjusted. Under the new pricing strategy, consumers who choose to purchase a standard range battery pack and use the BaaS method will receive a 70,000 RMB discount on the car price, with a monthly service fee of 728 RMB; while consumers who choose to purchase a long-range battery pack and use the BaaS method will receive a 128,000 RMB discount on the car price, with a monthly service fee of 1128 RMB.