Chinese auto giant Nio has registered a subsidiary of Nio Mobile Technologies with an authorized capital of $100 million in Shanghai. informs ArenaEV portal.
Nio Mobile Technologies will develop, manufacture and market a variety of gadgets, including smartphones, wearables and communication devices. It is also stated that the company will develop software and hardware for artificial intelligence. Details of this aspect have not yet been specified.
Nio CEO Lihong Kin confirmed that the company is indeed planning to launch its own smartphone and stick to its annual lineup update schedule, as Apple does. The head of Nio also said that the company’s smartphone will receive special features not found in any other device on the market.
More accurate information about the cost and date of the announcement of the smartphone from the automaker was not disclosed.
Formerly socialbites.ca saidTwo people were killed when Nio’s electric car crashed from the third floor of the corporate headquarters.