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Benzinga

Technology

Rachit Vats

Why Nio Is Betting On This Honeywell Product To Fight Global Warming

NIO Honeywell Climate Change Nasdaq Honeywell International Inc Nio Inc NYSE United States

Nio Inc (NYSE: NIO) will use Honeywell International Inc’s (NASDAQ: HON) refrigerant with ultra-low global warming potential for its recently launched ET7 sedan, CnEVpost reported on Thursday, citing the U.S. industrial company.

What Happened: Honeywell claims its hydrofluoroolefin (HFO)-based refrigerant has a global warming potential (GWP) of less than 1, a 99.9% reduction compared to HFC refrigerants currently used in the Chinese market.

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