The average cost of the NIO ES8 battery pack recall was around $147 per kWh.
The affected fleet of ES8 needed replacement of 70 kWh battery packs (with CATL NEV-P50 battery modules) over fire risk, with 70 kWh battery packs, equipped with new CATL NEV-P102 modules (standard from late October 2018). Additionally, NIO replaced also an undisclosed number of battery packs at swap stations.
The cost of the recall was RMB 339.1 million ($49.4 million):
"Total recall costs accrued in the second quarter of 2019 were RMB339.1 (US$49.4 million), including RMB283.3 million (US$41.3 million) recorded in cost of vehicle sales and RMB55.8 million (US$8.1 million) recorded in cost of other sales, respectively."
Rough calculations reveal an average cost per single vehicle of $10,285, or $147 per kWh of battery pack:
- cost of vehicle sales ($41.3 million): $8,599 per car and $123 per kWh
- cost of other sales ($8.1 million): $1,686 per car and $24 per kWh