Smart and Sustainable Electric Mobility
NIO's F4 plant for its sub-brand codenamed Firefly will be located in Chuzhou, Anhui province, while the F3 plant for the ALPS project will remain in Hefei, a source said.
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Deliveries of vehicles under NIO's sub-brand codenamed ALPS are expected to begin in 2024, and deliveries of the company's first phone model are expected to begin in the third quarter of this year.
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The two models, similar to the Volkswagen Golf and Nissan Leaf, will primarily target the European market, with production expected to begin in 2024, according to local media.
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