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Nio registered a brand new firm in Shanghai on Thursday named Nio Cell Know-how Co., Ltd. within the newest signal that the Chinese language electrical automobile maker is pushing to speed up the event of its personal smartphone. The brand new agency has listed its main enterprise pursuits as gross sales of telecommunication units, wearable merchandise, and in-car good units, with a registered capital of $100 million and president Qin Lihong being the authorized consultant, in accordance with company info platform Tianyancha. Chinese language media reported in February that Nio had arrange a brand new crew to develop smartphones. Final month rival automaker Geely bought a majority stake in smartphone maker Meizu because it additionally appears to be like to make its personal cell units. [Tianyancha, in Chinese]
