Nio can provide a snappy answer to Xiaomi

Are more Chinese mobile brands making electric cars? Then the EV manufacturers with smartphones.


Although in our country, medieval addresses and eastern visits are preferred instead of boosting the local, renewable energy sector, in order to be less dependent on cross-border carriers, so the spread of electric cars and charging stations is slower than in the Czech Republic, which has a similar historical past. The Chinese electric car brand Nio is still known in certain circles, and not because it opened a showroom opposite Tesla on Váci út, but because domestic small investors see a special fantasy in the manufacturer’s shares.

The Shanghai-based brand has already appeared in some European markets, and back home it knows such tricks as the automated battery pack exchange at the “wells” that causes longer charging. With cheap domestic production and the dominance of Chinese battery raw materials, it has a good chance of gaining a bigger market share, while traditional manufacturers may have problems with electrification due to a lack of capacity and raw materials. However, as we saw in Norway, customer preference can change overnight, and after that internal combustion engines are no longer widely used.

A Child ES8
A Child ES8 [+]

With adequate manufacturer and customer support, Chinese brands are gaining such momentum that Huawei and Xiaomi are also working on launching their own electric cars (as are Apple and Sony, by the way), so here is Nio’s answer: it has registered a $100 million Nio Mobile Technologies Co. Ltd-t, i.e. its gadget department, and the documents foresee the development of data communication and portable devices and telephones.

William Li CEO has already noted: indeed Nio is made with a smartphone, and this is not a gentleman’s fad or a show of force: building an ecosystem from four-wheelers to gadgets that can be clipped to your pocket and attached to your arm will be key in the decade. And self-driving can become really critical when the driver’s time for control is freed up, and it doesn’t matter who fills it and with what gadget sound. A modern electric car is essentially a smart device that rolls on four wheels, deploys modern technologies and communicates with the outside world, so it does not seem impossible that Nio’s business will give a snappy answer when Xiaomi and the others try to take its market share.

Source: Hírek és cikkek – Mobilarena by

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