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Nio Onvo L80 spotted in road tests, launch set for Q4
L80 is a large five-seat SUV targeting the family car market.
Nio in talks to bring in strategic investors for chip unit, report says
Nio plans to cede a small stake to strategic investors and will retain control over its chip project, according to local media.
Nio partners with distributors to expand into more European countries
Nio has announced its entry into four new markets: Portugal, Greece, Cyprus, and Bulgaria. Additionally, it will transition to a distributor-based sales model in Denmark.
China EV insurance registrations for week ending Jun 15: Nio 3,060, Tesla 15,500, Xiaomi 5,600
Nio Inc, including the Nio, Onvo, and Firefly brands, saw 4,730 insurance registrations in China last week, a 9.24 percent increase from the previous week.
Nio signs new distributor deal to enter 3 more European markets
Nio has signed a distributor deal with Greek company Motodynamics to sell Nio and Firefly brand vehicles in Greece, Cyprus, and Bulgaria.
Nio welcomes new exec who could help improve its financial situation, report says
Bagrin Angelov, who served as head of cross-border M&A at CICC for the past 10 years, has joined Nio as vice president of capital markets.
Nio, Xpeng, Li Auto join major automakers in pledging to pay suppliers within 60 days
Nio said that it will continue to adhere to payment terms of 60 days or less, collaborating with partners to promote high-quality development of China's automotive industry.
Nio Firefly kicks off 15-day European road test to prepare for market entry
Two Firefly product managers have set off from Berlin, Germany, and will travel through seven countries: Germany, Denmark, the Netherlands, France, Spain, Italy, and Austria.
China EV insurance registrations for week ending Jun 8: Nio 2,630, Tesla 8,640, Xiaomi 4,370
Nio Inc, which includes the Nio, Onvo, and Firefly brands, saw 4,330 insurance registrations last week, a decrease of 19.63 percent from the previous week.
Nio's highest-priced ET9 delivers 682 units in May
The ET9 delivered 682 units in May, bringing the combined deliveries over the past two months to 1,492 units.
