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NIO Crosses 1M Vehicle Production Milestone, Expands Tech Push
ZACKS· 2026-01-07 16:55
Key Takeaways NIO produced its one-millionth vehicle, a third-generation ES8, at its Hefei Xinqiao Phase II plant.The company targets 40-50% annual sales growth and plans 10,000 charging and battery-swap locations by 2030.NIO has spent 65B yuan on R&D and 18B yuan on infrastructure, delivering 326,028 vehicles in 2025.NIO Inc. (NIO) marked a major production milestone as its one-millionth mass-produced vehicle rolled off the assembly line at the NIO Advanced Manufacturing Xinqiao Phase II facility in Hefei, ...