Chinese EV maker NIO plans to use in-house developed battery packs by H2 2024

News
New Products

NIO’s battery strategy entails using in-house as well as externally sourced battery packs in the long run

Chinese electric carmaker NIO plans to start using its in-house developed high-voltage battery packs in its EVs from 2024 as part of its larger corporate strategy to drive profitability and competitiveness, according to a news report published by Reuters on 10 June 2022.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload