In 2021, Nio delivered more than 90,000 vehicles, mainly in China's domestic market. During 2022, Nio has begun marketing to key European markets including the Netherlands, Germany, Sweden and Denmark.

 

"SKF has been working with Nextev since it launched its first car in 2014." David Johansson, Global President of SKF's Automotive Division, said, "This strategic agreement is another step up from the strong technical ties we have established over the years. At the same time, the strategic partnership is a testament to SKF's outstanding capabilities in electric vehicles and its ability to support customers around the world."

 

SKF's innovative ceramic ball bearings, which are lighter and faster rotating than conventional bearings, are a key component in the drivetrains of many electric vehicles and are already supplied to leading electric vehicle manufacturers throughout Asia, Europe and the Americas.

 

Zeng Shuxiang, senior vice president of Nextev and CEO of NexteV Drive Technology, said: "The experience of working with SKF to create electric vehicle products that are competitive in the industry has convinced us that SKF's global experience and technical capabilities will provide strong support for our global strategy. Together, we will bring more innovative products and superior user experiences to consumers around the world."