SKF and NIO expand strategic cooperation
Gothenburg, 27 October 2022: SKF and NIO, a leading premium smart electric vehicle manufacturer have strengthened their strategic cooperation. As part of the agreement, SKF will be a preferred supplier of ceramic ball bearings and provide wide-ranging technical expertise to support NIO’s product development and global expansion plans.
In 2021, NIO delivered over 90,000 vehicles, mainly in its domestic market. During 2022, NIO has started to launch its vehicles across key markets in Europe, including in the Netherlands, Germany, Sweden and Denmark.
David Johansson, President, SKF