China’s NIO hits new milestone as 300K cars rolled off production in four years – EQ Mag
Chinese EV maker Nio announced that its 300,000th car was rolled off the production line at its second manufacturing base. The company is one of the promising new names in the domestic EV segment. The growth in its production speed and capacity is notable, considering the company started EV production in May 2018.
This year, NIO began delivering cars from its second-generation product platforms, such as the ET7, ES7, and ET5. In the first half of 2023, NIO plans to launch five additional models to meet customer demand, according to a press release. It should be noted that NIO achieved its third 100,000-vehicle milestone in just seven months. This hints that NIO is hitting its stride. NIO’s 200,000th production vehicle was completed on April 26, 2022, almost four years since the company started its vehicle production.
According to NIO co-founder and President Qin Lihong, the penetration rate for high-end EVs in China is expected to double or even triple. With this growth in mind, NIO will also begin producing cars for the mid-level mainstream market. Being a new automaker, NIO has been busy expanding its presence. In 2022, it became the first automaker listed on the US, Hong Kong, and Singapore stock exchanges. In October, NIO also started providing service and delivering its ET7 model in Germany, the Netherlands, Denmark, and Sweden.
Production facilities
The electric vehicle maker has also established an innovation center in Berlin and an AI and autonomous driving R&D center in Singapore. The company has no plans of slowing down, either, because, by 2025, NIO plans to serve users in over 25 countries and territories. As it expands its global footprint, NIO continues to expand its service and sales network worldwide. As of December 12, the company operates 395 NIO Houses and NIO Spaces, 1,263 Power Swap Stations, and 12,785 charging piles. NIO’s vehicles also have access to over 998,000 third-party charging stalls.
NIO worked closely with Dirac to create its sound. The NIO ET7’s official online page states that the four-seater car has 23 speakers, four overhead speakers, and a subwoofer. It also has a 20-channel amplifier and comes standard with Dolby Atmos Technology. Audio experts must consider the environment the sound will be played in, making it challenging to work with vehicles. Lars Carlsson, the Head of Business Development Automotive Audio and Vice President at Dirac, told Teslarati that audio experts have to consider many things when creating the perfect sound inside a vehicle. They have to consider the number and position of the speakers and the number of seats in the vehicle. Audio experts must also consider how sound reflects on the cabin’s different surfaces and windows.
Source: pti
