(Bloomberg) — While Chinese tech companies have long harbored ambitions to move into the electric car industry, EV upstart Nio Inc. (NIO) has gone the other way — on Thursday releasing its first mobile phone.

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The unprofitable automaker is targeting its loyal customer base with the phone, which will sync with Nio cars to act as a key fob, view information such as battery charge, and control functions like self-parking and the in-cabin infotainment system.

Unprofitable China EV maker Nio unveils phone pitched at drivers comes via ChinaTechNews.com.