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Nio aims for 500,000 vehicle production capacity under new subsidiary brand

By electrive.com 06/17/2022 - 12:42 06/17/2022 Electrive

The Chinese manufacturer Nio is aiming for an annual production capacity of 500,000 vehicles with its future new brand for more affordable electric cars, according to CEO William Li. To this end, Nio has now signed an agreement with the city of Hefei for the second construction phase of the NeoPark. TheNeoPark is an eMobility […] More…