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NIO will launch lithium iron phosphate battery packs, or competing for low-and medium markets
Chinese EV maker Nio will upgrade the existing 70-degree (kWh) battery pack to lithium iron phosphate battery, according to a number of people familiar with the matter. The new battery is expected to achieve a battery capacity of more than 75 degrees. It is planned to be launched in the fourth quarter of this year. Lithium iron phosphate batteries are known for their low cost. NIO can reduce costs through this strategy, and impact products in the lower price market, participating in a wider market competition. ....

Shu Qi , Wang Yanmin , Lu Weibing , Ji Rengui , Huawei Global Ecological Development Department , Xiaomi Inc , International Department , China Internet Investment Fund , Ali Baba Group , Shuqi Novels , Xiaomi China , Vastai Technologies , Matrix Partners , Redpoint Ventures China , Glory Ventures , Sirius Capital , Yuanmu Capital , European Consumer Business , Global Ecological Development , ஷு குய் , ஹூவாய் உலகளாவிய சுற்றுச்சூழல் வளர்ச்சி துறை , கிஷியாொமி இன்க் , சர்வதேச துறை , சீனா இணையதளம் முதலீடு நிதி , அலி பாபா குழு , கிஷியாொமி சீனா ,