NIO creates a mobile technology subsidiary

NIO Mobile Technology Co., Ltd. was officially established in Shanghai on August 4, to be mainly engaged in software and information technology services. The registered capital of the new company is 100 million dollars and its legal representative is Qin Lihong, co-founder and president of the Chinese electric vehicle company NIO. Inc.

In addition, the scope of activity of the latest NIO subsidiary includes sales of mobile terminals, development of AI application software, and sales of AI hardware and communication equipment.

At the end of last month, William Li, the CEO of NIO, revealed at a meeting of car owners that the company is advancing its smartphone business. The initial device, which the firm says will be tightly integrated with its vehicles, is expected to launch next year. Li added, “What NIO wants to do is very simple, that is to build a good smartphone for NIO users, and release a smartphone every year, just like Apple does.

In March this year, William Li said that NIOThe smartphone business was in the research stage. He pointed out that “it is easy to make a cell phone, but it is very difficult to make a good one”. In April, Li again talked about mobile phones, which are the most important equipment for NIO. users to connect vehicles. Because Apple’s ecology is now very exclusive to the automotive industry, and does not open UWB and other interfaces, NIO is very passive. In order to ensure the interests and experience of its users, NIO will study smartphones and car-centric smart terminals.

SEE ALSO: NIO Responds to Rumors of Third Auto Brand Plan

Many automakers and smartphone companies are now entering each other’s business, as evidenced by Geely-backed Xingji Technology’s acquisition of Meizu, Xiaomi.the launch of an automobile company by Apple and the plan to build an automobile by Apple. With the increasingly smarter attributes of new energy vehicles, the line between them and smartphones has become increasingly blurred. But so far, no company has managed to achieve great results in both smartphones and smart cars.

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