The main benefit of using end-to-end technology is that it accelerates NOA coverage in urban areas, as it can cover corner cases that are not fully covered by rules.
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Nio officially launched the Onvo brand on May 15, and began pre-sales of the Onvo L60 with a price of RMB 219,900 ($30,300).
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In the field of battery swap, CATL and BAIC will cooperate in areas including development of battery swap models with battery blocks, distribution of battery blocks, and battery data management.
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The new Freelander-branded models will initially be sold in China through a select network and will be exported to overseas markets in the future.
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The production base, when completed, will supply battery products to carmaker customers in Beijing, Tianjin and Hebei, including BAIC, Xiaomi and Li Auto, CATL said.
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A sufficient number of self-operated supercharging piles are necessary to sell all-electric SUVs, Li Auto management previously said.
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Tesla has begun deliveries of the updated Model 3 Performance in China, ahead of the third quarter expected when the model was unveiled in the country two months ago.
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Xpeng had 2,100 insurance registrations last week, Li Auto 10,500, Zeekr 4,100 and Leapmotor 3,400.
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Mirattery, Nio's battery asset operator with more than 10 GWh of battery assets under management, has entered into a strategic partnership with Newrizon, a Nio Capital-backed company.
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Nio is starting preparations for Nio IN 2024, which will be held in either Shanghai or Beijing, according to an executive.
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