Industry dynamics

Nio says users have logged more than 800 million kilometers

Publishtime:1970-01-01 08:00:00 Views:44

Nio (NYSE: NIO) announced yesterday that customers have accumulated more than 800 million kilometers, adding that the data aggregated by ES6 and ES8 owners help Nio to improve automated driving assistance, after-sales service, battery exchange station network construction.

As of July 17, 2020, 58% of Nio owners had driven more than 10,000 kilometers and 47% had driven more than 50 kilometers per day in the past year.

Since Nio started delivery to the customer on May 31, 2018, there were owners who have driven more than 140,000 kilometers which is equivalent to 3.5 times around the earth, Nio claims.

The accumulation of more driving data can help improve the Nio Pilot's automatic driving assistance system by optimizing the algorithms and rationalization of road monitoring to better serve Nio owners.

The battery exchange station mode is an advantage of Nio, which also benefits from the richer accumulated usage data that allows Nio to more accurately, appropriately, and promptly layout the density of battery station locations.

In the meantime, on July 18, the 50,000th Nio vehicle rolled off the assembly line at the Hefei manufacturing facility, 783 days since the first Nio mass-produced vehicle rolled off the line on May 27, 2018.

Nio was founded in November 2014 and listed on the New York Stock Exchange in September 2018.

In February 2020, Nio's China headquarters project was settled down in Hefei, and the Hefei city government made a strategic investment of 10 billion RMB.