Nio to double capacity of Hefei plant to 240,000 vehicles a year

BEIJING, Oct 15 (Reuters) - Chinese electric vehicle maker Nio Inc NIO.N said it would double the capacity of its Hefei plant to 240,000 vehicles a year, up from 120,000 units.

The factory, in the eastern Chinese city of Hefei, can make sedan and sport-utility vehicle models. After the expansion, with extra operating shifts, the plant will be able to make up to 300,000 cars a year, it told Reuters.

Nio will finish the production line expansion in the first half of 2022, it said.

See also

Nio begins construction of new EV base in Hefei

Both Nio and Xpeng reach 10,000 units monthly delivery milestone

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