As China’s environmental plan takes shape and start-up companies develop and launch their new-energy vehicles, the support of strong and capable suppliers will be essential. The latest example occurred today with new Chinese startup NIO, and the launch of their NIO ES8 electric SUV, a vehicle that comes to market with key systems supplied by Magna.
The ES8 seats seven, features a lightweight all-aluminum body and chassis, and comes standard with electric-drive (e-drive) systems in the front and rear of the vehicle. Magna’s content includes the aluminum front sub-frame and rear cradle, the gearboxes for both e-drive systems and the latching system for the side doors and hood.
Magna possesses unique capabilities and experience to support the growth of new-energy vehicles in China and globally. A technology leader across several automotive product areas, Magna is able to combine expertise in hybrid and electric powertrains, a vehicle’s overall body and structure, and lightweighting solutions using a range of both metallic and plastic/composite materials.
“Supporting a new automaker and launch such as the NIO ES8 electric SUV is ideally suited for Magna,” said Magna’s Chief Technology Officer Swamy Kotagiri. “We are able to apply our full-vehicle expertise to help make the vehicle lightweight while at the same time helping deliver power to the wheels in the most efficient way. Working with our customers to help bring their ideas to life is really what Magna is all about.”
NIO is a Chinese start-up founded in 2014 that designs and develops smart, high-performance electric vehicles under the NIO brand.