NIO Officially Kicks Off NeoPark, a Smart Electric Vehicle Industry Park in China

Chinese EV maker NIO has officially kicked off NeoPark, a smart electric vehicle industry park at Xinqiao, Hefei, Anhui province. The 16950-acre park features three main function areas, smart manufacturing, R&D and living space, and eco-park.

Amongst the attendees of the ceremony were TLi Jinbin, Party Secretary of Anhui, Wang Qinxian, Governor of Anhui, Deng Xiangyang, Executive Vice Governor of Anhui, Yu Aihua, Party Secretary of Hefei, and William Li, founder, chairman and CEO of NIO.

NeoPark is a smart electric vehicle industry cluster encompassing innovative research and development of vehicles, core parts and components, and autonomous driving, envisions becoming a pioneering innovation chain with global competitiveness and a hub for hundreds of key supporting enterprises and a highly-clustered full-fledged industry chain.

In a press statement, NIO says: ‘NeoPark aspires to be green and environmentally friendly and contributes to peaking carbon emissions and achieving carbon neutrality. The park aims to be an innovative highland for top-notch talents, to accommodate over 10,000 R&D personnel and 40,000 technical workers’.

It adds: ‘During the 14th Five-Year Plan, Anhui province and Hefei city focus on constructing strategic emerging industry clusters and establishing a new industrial innovation highland with global influence. The kickoff of NeoPark will be a significant step towards the vision’. 

With an annual production capacity of 1 million vehicles and 100 GWh battery, NeoPark is expected to realize a gross yearly output of RMB 500 billion.