$NIO Inc (NIO.US)$$NIO Inc. USD OV (NIO.SG)$$NIO-SW (09866.H...
$NIO Inc (NIO.US)$ $NIO Inc. USD OV (NIO.SG)$ $NIO-SW (09866.HK)$ plans to develop its own power batteries and spend 220 million on R&D centre
The public platform for environmental information of Shanghai enterprises and institutions shows that $NIO Inc (NIO.US)$ plans to build a new R&D project in Anting Town, Jiading District, Shanghai, including 31 R&D laboratories engaged in the research and development of lithium-ion cells and battery packs, as well as a lithium-ion cell trial production line and a battery pack packaging line. The proposed investment amount is RMB218.5 million and the project is expected to be constructed from August to October this year.
The public platform for environmental information of Shanghai enterprises and institutions shows that $NIO Inc (NIO.US)$ plans to build a new R&D project in Anting Town, Jiading District, Shanghai, including 31 R&D laboratories engaged in the research and development of lithium-ion cells and battery packs, as well as a lithium-ion cell trial production line and a battery pack packaging line. The proposed investment amount is RMB218.5 million and the project is expected to be constructed from August to October this year.
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