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Chinese EV maker NIO sees 300,000th vehicle roll off production line

December 13, 2022


Abstract : Chinese electric vehicle (EV) maker NIO has seen its 300,000th new energy vehicle (NEV) roll off the production line on Monday, the Xinhua-run Shanghai Securities News reported.

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A NIO electric car is seen in a battery swap station during a ceremony of the shipment of the first battery swap station produced by the NIO Power Europe Plant in Biatorbagy, Hungary, on Sept. 16, 2022.  (Photo by Attila Volgyi/Xinhua)

BEIJING, Dec. 13 (Xinhua) -- Chinese electric vehicle (EV) maker NIO saw its 300,000th new energy vehicle (NEV) roll off the production line on Monday, the Xinhua-run Shanghai Securities News reported.

This comes four years and seven months after the company's first NEV rolled off the production line in May 2018. It took seven months to achieve its third 100,000th-vehicle rollout.

NIO said that the roll-off of its 300,000th NEV is another milestone for the company’s comprehensive development in 2022.

According to the EV maker, it planned to launch five models to meet the diverse needs of customers in the first half of next year.

NIO has kept expanding its global presence. In the first half of 2022, NIO became the first automaker listed in the stock markets at the United States, Hong Kong, and Singapore. NIO started service and delivery of ET7 in Germany, the Netherlands, Denmark, and Sweden in the fourth quarter of this year.

The company is also accelerating its service and sales network around the world. As of December 12, NIO has 395 NIO Houses and NIO Spaces, 1,263 power swap stations, 12,785 charging piles, and provided access to over 998,000 third-party chargers. (Edited by Yang Yifan with Xinhua Silk Road, yangyifan@xinhua.org)

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