Car maker Nio launched its first-ever smartphone in late 2023, it was called simply the Nio Phone. The company has completed the development of its sequel, revealed founder and CEO William Li, but that doesn’t mean the phone is being announced now. The Nio Phone 2 is entering the manufacturing stage and will be unveiled later this year, though Li didn’t set a particular date. But he did confirm that the company will focus on launching just one new phone every year instead of dividing its attention between several (a lot of new smartphone brands start out this way). Why is an electric...

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