It is reported on October 26, NIO recently established a NIO Battery Technology (Anhui) Co., Ltd., with a registered capital of 2 billion yuan. Its business scope includes: battery manufacturing; graphite and carbon products manufacturing etc.

According to media outlet Jiwei, NIO researches and develops its own “lithium manganese iron phosphate” and 4680 batteries, and plans to mass-produce these two batteries.

The lithium iron manganese phosphate battery will be supplied to NIO’s sub-brand “Alps”, which is positioned in the price range of 200,000-300,000 yuan, and also supports battery swap. It is expected to be launched in 2024.

The 4680 battery will be used in the 800V battery pack, which is expected to be applied to NIO’s third-generation platform (NT3) models in 2024.

Also it is reported by IT House, Li Bin, CEO of NIO, said in June this year that the R&D and production of the new brand products launched for the mass market are progressing steadily. It will be equipped with batteries produced by NIO itself and support high-voltage fast charging technology.

He said that NIO has formed a battery-related team of more than 400 people and will launch an 800V high-voltage platform battery pack in 2024. According to reports, the above-mentioned 800V high-voltage battery is a 4680 battery, which is planned to be installed in NIO’s third-generation platform (NT3) models.