Written by Cláudio Afonso | LinkedIn | X
During a visit to Anhui Province on Thursday, China’s President Xi Jinping toured high-tech manufacturing sites in the cities of Anqing and Hefei, with a focus on the country’s innovations in several areas such as intelligent connected vehicles, and new energy.
Founded and led by William Li, the electric vehicle (EV) maker Nio operates two key plants in Hefei after acquiring full control of its former manufacturing partner JAC last year.
Its most advanced facility is located within Neo Park, an industrial hub for automotive production including electric vehicles but also suppliers allowing a more efficient supply chain.
In the first nine months of 2024, Nio exported 1,083 vehicles, representing just 0.67% of its total production, according to an image aired by China’s CCTV and reported by CnEVPost on Saturday.
Year to date, the company has delivered 149,281 electric vehicles.
In Europe, and according to EU-EVs, Nio has registered 1,004 vehicles as of Saturday. Official data from Germany and The Netherlands reveal that the company registered 323 and 191 vehicles, respectively.
Data from EU-EVs also revealed that Nio registered 75 units in Sweden in the first three quarters of the year and 583 in Norway, the company’s first European market where it expanded three years ago.
Nio is also expanding its production capacity with the construction of its third factor in Hefei, a city located about 300 miles from Shanghai — where Nio is headquartered.
In June, Reuters reported that Nio received approval to construct a third factory in China, which would increase its total authorized production capacity to 1 million vehicles.
Written by Cláudio Afonso | LinkedIn | X
