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NIO reports October sales; announces collaboration with Mobileye

Chinese electric vehicle maker NIO delivered 2,526 vehicles in October, increasing 25.1% from the strong delivery in September, despite the impact from the seven-day National Day holiday in the beginning of October.

The deliveries consisted of 2,220 ES6s, the Company’s 5-seater high-performance premium electric SUV, and 306 ES8s, the Company’s 7-seater high-performance premium electric SUV and its 6-seater variant.

As of October 31, 2019, aggregate deliveries of the Company’s ES6 and ES8 reached 26,215 vehicles, of which 14,867 vehicles were delivered in 2019.

In a related news, NIO announced a strategic collaboration with Mobileye, the global leader in the development of vision technology for Advanced Driver Assistance Systems (ADAS) and autonomous driving, and an Intel company, on the development of highly automated and autonomous vehicles (AV) for consumer markets in China and other major territories.

As part of the planned cooperation, NIO will engineer and manufacture a self-driving system designed by Mobileye, building on Mobileye’s level-4 (L4) AV kit. This self-driving system will be the first of its kind, targeting consumer autonomy, engineered for automotive qualification standards, quality, cost, and scale.

NIO will mass-produce the system for Mobileye and also integrate the technology into its electric vehicle lines for consumer markets and for Mobileye’s driverless ride-hailing services. This variant will target initial release in China, with plans to subsequently expand into other global markets.

[source: NIO]
Nov 11, 2019Blagojce Krivevski
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Blagojce Krivevski

Blagojce Krivevski is physicist and green technology lover. Keep in touch with Blagojce through his email, web site, Twitter, Linkedin, Facebook and Google+.

November 11, 2019 Electric Car NewsElectric Car Sales, Electric Vehicle Sales, ev sales, Mobileye, NIO, plug-in sales, Plug-in Vehicle Sales
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