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Nio Inc. Announces 1,000km EV Battery Breakthrough

A Chinese electric vehicle maker has unveiled a next-generation EV battery with the ability of offering 1,000 kilometers (621 miles) of range, a distance that’s significantly more than any EV battery currently on the market can travel. Shanghai-based carmaker Nio Inc. (NYSE: NIO) says the 1,000-kilometer battery will begin mass production this April.

Nio CEO William Li drove the electric ET7 model from Zhejiang Province to Fujian Province, a distance of around 1,044 kilometers (649 miles), in a…

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