On December 19, 2021, NIO held NIO Day 2021 and officially unveiled the NIO ET5, a mid-sized smart electric coupe. At the same time, NIO also announced its collaboration with NOLO to develop NIO VR Glasses, which are equipped with ultra-thin Pancake optics for binocular 4K display. It is understood that the VR Glasses can meet 6DoF, Inside-Out sub-millimeter spatial positioning technology, and achieve millisecond latency. The VR Glasses are said to be the world's first automotive-specific high-performance VR device.

"We can see the operator's data, including the entry of some new energy vehicle plants. It is a good scene according to the relevant news. NOLO also has a corresponding solution. We welcome new energy vehicle manufacturers to contact us. Many leading companies have been working with us, and their entry will also open up a new application scene for VR”, Zhang Daoning from NOLO revealed in a conversation with VRTUOLUO earlier.