Chinese electric vehicle maker NIO is jumping nearly 5% in Hogn Kong, after the company on Thursday said it will deliver 150-kWh solid-state battery pack in the fourth quarter.
The 150-kWh solid-state pack features a solid electrolyte, silicon-carbon composite anode material, ultra-high nickel cathode material and an energy density of 360 Wh/kg, the company said.
The battery can give the NIO ES8 a range of 850 km, the ES6 900 km and the ET7 an NEDC range of more than 1,000 km, and users can enjoy the battery through a flexible battery upgrade program, it added.
