According to the latest update by IT Home, NIO announced the rollout of its 200000th production vehicle on April 26. The EV is a blue ET7 sedan. The vehicle rolled off the line at the JAC-NIO Advanced Manufacturing Center in Hefei, Anhui province.
NIO took three years to scale up production of high-end intelligent electric vehicles from 10,000 to 100,000 units. The period was from May 2018 to April 2021. Completion of its following 100,000 units took less than a year.
According to reports, NIO expects to expand its Investment in r&d by more than 100% in 2022. The company also expects to boost its R&D workforce to 9,000 by the completion of the year. In addition to that, The second manufacturing base at Heifei Xinqiao Intelligent Electric Vehicle Industrial Park is proceeding well. The base will presumably open in the third quarter. In addition to that, the globalisation of NIO has accelerated. This year, NIO will officially debut its items and system-wide services in Germany, the Netherlands, Sweden, and Denmark.
NIO expects to introduce ET7, ET5, and ES7 this year. Three new models based on NT2.0, the company’s second-generation technological platform will also be introduced. NIO anticipates unveiling the NIO ES8, ES6, and EC6 models. In addition, it will be equipped with the current digital cockpit hardware in 2022. It also announced a digital cockpit upgrade programme for existing users.
According to the publication, approximately 25% of the staff returned to work at the NIO Automotive Technology Research Centre yesterday. In addition to that, management will remain closed to people who stay back. Anting Town will offer them a nucleic acid testing service team on a regular basis. Along with it, its aim is to carefully prevent and manage the pandemic. Hence, protecting their health and safety.
NIO reported the halting of vehicle production on April 9. Due to the epidemic’s impact, NIO’s supply chain partners in Jilin, Shanghai, and Jiangsu have all ceased production. At the moment the depletion of the inventory of spare parts has resulted in a halt in production.
According to the data, NIO’s monthly sales in the first three months dropped. In addition to that, NIO fell outside the top three new car-making companies. Plus, NIO’s sales growth is much slower than that of the new car-making powers such as Ideal and Xiaopeng.