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NIO likely to build its first battery factory in Hefei, Anhui
According to multiple press releases dated February 24, NIO plans to build its first battery factory in Hefei, Anhui, with a planned annual capacity of 40GWh. The factory will produce batteries similar to Tesla’s 4680- and 4695-type large cylindrical batteries, and is expected to power about 400,000 long-range electr....
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