Nio Suppliers

The auto group's models equipped with Seyond products will go into mass production in 2026, with sales expected to reach hundreds of thousands over the next three years.

Nio Capital-backed EV-Tech and Nio will jointly develop products based on Nio's STEM Young high-voltage architecture, with deliveries to the Nio brand and Nio's second brand expected to begin in 2025.

The opening of the facility marks the imminent start of production of ClearMotion1, an active suspension product that will be fitted to the Nio ET9, ClearMotion said.

ET9 adds two Robin W medium-range wide-angle LiDARs for the first time, in addition to one Falcon ultra-long-range LiDAR. Nio's fourth-generation swap station will feature six Robin W LiDARs.

ClearMotion said its active suspension technology, ClearMotion1, will be used to equip the next generation of Nio EVs over the new product development vehicle program life.

Innovusion said last month that it had exceeded 200,000 cumulative LiDAR deliveries.

Driven by demand, Innovusion's new production line is in the works and will enter mass production in December, it said.

Two of the lines will begin mass production this year, while the other is expected to reach mass production by October 2024.

Lens Technology has long supplied lenses and related glass components to Apple and is also a core supplier to Tesla.

Innovusion plans to issue up to 21,382,252 ordinary shares and list them on the Nasdaq exchange, according to an announcement from China's securities regulator.