Smart and Sustainable Electric Mobility
SkyOS is Nio's full-featured operating system, gradually realizing more functionality from the NT 1.0 platform to NT 2.0. The NT 3.0 platform will see the full-featured SkyOS.
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The Yangjian chip will allow Nio to save about $100 per vehicle and recover its development costs in about a year, William Li said.
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Nio launched its first smartphone with 1 TB storage capacity, 16 GB RAM memory and 6.81-inch screen. Starts at 890 USD.
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The Nio phone is powered by Qualcomm Snapdragon 8 Gen 2 Soc and offers up to 16 GB RAM along with 1 TB storage.
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Nio's first smartphone will feature a 6.8-inch Dynamic AMOLED 2X display from Samsung Display, for which the company has orders for just 50,000 pieces, according to local media.
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The $500 million 2029 notes bear interest at a rate of 3.875 percent per year and the other $500 million 2030 notes at 4.625 percent.
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Between September 1 and September 17, Li Auto was 20,100, Nio was 9,900 and Xpeng was 6,900.
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Nio will hold a launch event on September 21 from 11 am to 12 pm Beijing time to unveil a new mobile internet product, and it's expected to be its first phone.
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Nio seeks to price its 2029 notes at a coupon rate of 3.5 percent to 4.0 percent and its 2030 notes at a coupon rate of 4.25 percent to 4.75 percent, according to Bloomberg.
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Nio plans to use a portion of the net proceeds to repurchase certain existing debt securities, with the remainder to be used primarily to further strengthen its balance sheet position and for general corporate purposes.
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