The strategic partnership between SKF and NIO, a top maker of premium smart electric vehicles, has been strengthened.

In accordance with the agreement, SKF will support NIO’s ambitions for product development and global expansion by serving as a preferred supplier of ceramic ball bearings and offering a broad range of technical skills.
NIO delivered about 90,000 automobiles in 2021, primarily for the local market. NIO has begun to introduce its vehicles in several European markets throughout 2022, including the Netherlands, Germany, Sweden, and Denmark.
President of SKF Automotive David Johansson states: “SKF has backed NIO since the debut of their first vehicle in 2014. This agreement serves as an example of the excellent technical partnership we have developed over time. Additionally, it demonstrates SKF’s superior expertise in electric vehicles and our capacity to serve clients globally.
Many electric car drivetrains use SKF’s cutting-edge ceramic ball bearings, which are lighter and rotate at higher speeds than conventional bearings. Leading EV manufacturers in Asia, Europe, and the Americas receive their supplies from SKF.
We have a history of collaborating with SKF to develop competitive EV goods in the market, says Alan Zeng, Senior Vice President of NIO and CEO of XPT. We are certain that SKF’s global expertise and experience will give our global strategy a solid foundation. Together, we can provide consumers worldwide with more cutting-edge goods and a top-notch user experience.

Source: Prnewswire