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Wed, Oct 5, 2022
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NIO marks production of 200,000th vehicle

Rodney Chan, DIGITIMES, Taipei 0

Chinese carmaker NIO has disclosed that its 200,000th mass-produced vehicle rolled off the production line at the JAC-NIO Advanced Manufacturing Center in Hefei last week.

From May 2018 to April 2022, NIO said it reached the production milestone of 200,000 units in less than four years, and that it only took NIO around one year to produce the second 100,000 vehicles.

NIO said that this year, it plans to deliver the ET7, ET5 and ES7, three new models from NT2.0, its second-generation technology platform. In addition, the company expects to unveil the 2022 model NIO ES8, ES6 and EC6 with the latest digital cockpit hardware and announce the digital cockpit upgrade plan for existing users. By year-end, NIO said it will open no less than 100 new stores and over 50 NIO Service Centers and authorized service centers in China.

NIO will step up its investment in developing full-stack capabilities and in-house technologies. R&D investment in 2022 is expected to more than double year-on-year, with the R&D team growing to 9,000 people by year-end, the company said, adding its second manufacturing base located at NeoPark is making good progress and will officially start production in third-quarter 2022.

NIO is also accelerating its global expansion. This year, NIO will launch its products and services in Germany, the Netherlands, Sweden and Denmark.

Credit: NIO

NIO marks the production of its 200,000th vehicle.
Credit: NIO

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