NIO responds to rumors of third car brand plan

On August 1, some Chinese media outlets reported that EV automaker NIO was planning to launch a third EV brand in addition to NIO. and “ALPS”, focusing on the market below 200,000 yuan ($29,620). The third brand will have an independent R&D system and is currently recruiting core team members with established teams intensively promoting product development. In response, on 2 August, the NIO replied: “There is currently no information available for disclosure.”

With regard to reports that NIOThe second brand was renamed “ALPS”, on August 2, a NIO The representative explained that “ALPS is only an internal code name. So far, the company’s new brand name for the mass market has not yet been determined, and product R&D and production are making steady progress.

NIO It has now delivered four models called ES8, ES6, EC6 and ET7, with prices above 300,000 yuan ($44,460). “Currently, the price of NIO” The models have remained stable, and the average is over 420,000 yuan ($62,146),” Nio said. said in a public statement.

This June, William Lee, CEO of NIOdisclosed that the R&D and production of NIOBrand new products for the mass market are making steady progress, and new brand models are expected to be delivered in the second half of 2024. The price of the main products ranges between 200,000 yuan ($29,640) and 300,000 yuan ($44,460), which is comparable to the NIO . will be equipped with batteries manufactured independently by And will support high-voltage fast charging technology.

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William Lee has previously said that NIO Signed Xinqiao Phase II Factory Agreement with Hefei’s municipal government (ie, NIO.) Signed a cooperation agreement with Hefei on “Neopark Xinqiao Intelligent EV Industrial Park Phase II Vehicle & Key Core Components Supporting Project”, which is the company’s new brand model facing the mass market with a production capacity of 500,000 vehicles. was prepared for. The brand new battery-swap models will be compared to Tesla’s Model 3 and Model Y, but the price will be 10% cheaper.

NIO under the scheme from August 28 Will deliver the first model based on its NT2 second generation technology platform, ES7. At the end of September, NIO The Intelligent Electric Coupe will deliver the ET5. “Delivery of NIO in the second half of 2022”There will be an increase in new products and production capacity will also increase.”

According to company data, this July, NIO Deliveries of approximately 10,000 vehicles, an increase of 26.7% year-on-year. From January to July, NIO Delivered a total of 60,900 new cars, an increase of 22% year-on-year. By the end of July 2022, NIO Will deliver a cumulative quantity of 227,900 vehicles.