The first product should be the third-generation battery swap station, followed by the EC7 and the second-generation ES8.
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Construction of the Yibin-based project begins in October 2020 with a planned annual capacity of 15 GWh.
The industrial park in Xiangyang, Hubei province, is expected to see all 16 production lines come online by May 2023, which will meet the demand for 600,000 vehicles by then.
The NIO ES7 now has an expected delivery date of 2-3 weeks after consumers lock in their orders, down from the previous 4-6 weeks.