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Nio provides nearly 1 million battery swap services in half month around Chinese New Year holiday
Nio provided 906,056 battery swap services from January 13 to January 29, with a single-day high of 62,356 services.
China NEV insurance registrations for 2 weeks ending Jan 29: BYD 29,988, Tesla 10,852, Nio 3,435
The Chinese New Year holiday from January 21 to January 27 was a significant impact on car companies' sales activity.
Nio working on plants for 2 sub-brands, F4 plant won't be in Hefei, source says
Nio's F4 plant for its sub-brand codenamed Firefly will be located in Chuzhou, Anhui province, while the F3 plant for the ALPS project will remain in Hefei, a source said.
Deutsche Bank on China EV market: Jan looking soft as expected
China EV stocks are up an average of 20 percent year-to-date but have underperformed China tech ADRs since December, likely due to investor concerns about weak first-quarter sales and increased competition, according to Edison Yu's team.
Nio ET5 wait time reduced to 3-4 weeks, ET7 and ES7 get slightly longer
Nio vehicles registered 2,818 and 2,963 insurance units in China in the first two weeks of January, respectively.
Cathie Wood's ARKQ now holds just 200 shares of Nio after constantly unloading over past 10 days
In the meantime, ARKQ has also sold its shares of Xpeng three times this month and now holds about $3.77 million worth of the company's stock.
Nio president reveals further details on sub-brand models, Nio phone and more
Deliveries of vehicles under Nio's sub-brand codenamed ALPS are expected to begin in 2024, and deliveries of the company's first phone model are expected to begin in the third quarter of this year.
Baillie Gifford adds 24 million shares of Nio, clears position in Li Auto in Q4
Baillie Gifford increased its position in Nio ADR by 25.09% during the fourth quarter, valued most recently at $1.18 billion.
Audi wins lawsuit against Nio in Germany over ES6 and ES8 naming
A German court has ruled that the Nio ES6 and ES8 sound too similar to Audi's existing S6 and S8 models.
Nio replaces head of vehicle engineering to speed up R&D, report says
The move by Nio is aimed at further focusing resources, speeding up vehicle development and efficiency to increase leverage for future competition, according to local media.