Nio Is Building Its Third Ev Plant As It Can No Longer Meet Demand
Electrek 4:59 pm on June 5, 2024
NIO begins constructing its third EV plant due to soaring demand, aiming for a 1 million-unit capacity. The company's current facilities meet single-shift production, and the new facility will produce 10,000 units daily per shift. With increasing sales, NIO's growth is fueled by its expanded product range and EV advancements.
- NIO initiates construction on third electric vehicle (EV) plant
- Expansion in response to rising demand, aiming for higher production capacity
- Single-shift facility's production now outstrips new plant's projected output per shift
- Drive by NIOs growing sales and evolving product portfolio
https://electrek.co/2024/06/05/nio-building-third-ev-plant-no-longer-meet-demand/