Software system

NIO Inc. (NYSE:NIO) – Nio says it’s making the biggest change to its in-car software system: What you need to know

Chinese electric vehicle manufacturer Nio inc. (NYSE: NIO) responds to criticism of its lack of strong software capabilities by launching a new smart operating system, cnEVpost reported Tuesday.

What happened: Nio has released NIO OS version 3.0.0 which has a new user interface and interaction design and also optimizes the functional experience of NIO Pilot as well as NOMI, the report notes.

The new software is the biggest change Nio has made to its in-car system since the company was founded, according to the report.

NIO OS would also adopt the Aspen software architecture for NT1 platform vehicles, including the NIO ES8, ES6, and EC6 SUV models.

NIO OS will adopt the Banyan software architecture for the ET7 sedan and subsequent models of the NT2 platform.

See also: How to buy Nio (NIO) shares

why is it important: Nio, a premium electric vehicle maker, relies on service offerings to impact customers in China. The company has wowed electric vehicle buyers in China with its Nio Life lifestyle app.

Nio customers have urged the company to make improvements to its in-car software as well.

The company suffered a setback last month after a fatal accident involving a Chinese contractor driving a NIO ES8 SUV with the autopilot function activated.

Price action: Shares of Nio closed nearly 4% higher in Tuesday trading at $39.31.

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Photo: Courtesy of Nio

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