NIO strengthens strategic cooperation with ceramic ball bearing supplier SKF

Shanghai (Gasgou)- Chinese smart electric vehicle (EV) startup NIO and Swedish ceramic ball bearing provider SKF recently signed an agreement to strengthen their strategic cooperation, according to an SKF press release released on October 27.

Under the agreement, SKF will act as NIO’s preferred supplier of ceramic ball bearings and provide extensive technical expertise to support NIO’s product development and global business expansion.

NIO ES7; photo credit: SKF

NIO has delivered a cumulative total of 249,504 vehicles as of September 2022. Deliveries in Q3 2022 reached 31,607 units, an increase of 29.3% year-on-year and a record quarterly record.

As for overseas operations, NIO started deliveries of the ET7 all-electric sedan this year in four European countries: Germany, the Netherlands, Denmark and Sweden.

The cooperation between NIO and SKF can be traced back to 2014 when the EV manufacturer was founded. “SKF has supported NIO since the launch of the first vehicle in 2014. During this time we have developed a strong technical relationship. , which demonstrates SKF’s prowess in electric vehicles and its ability to support its customers all over the world,” said David Johansson, President of SKF Automotive.

SKF’s innovative ceramic ball bearings, which serve as a key component in many electric vehicle drivetrains, are lighter than traditional bearings and capable of spinning at higher speeds, and are widely used by numerous EV manufacturers in Asia, Europe and America. said to be supplied to