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Horizon Robotics CEO says Nio's new brand will use its chips
Horizon Robotics entered into a partnership with Nio last week that will see one of the latter's new brand's models use its products, the chipmaker's CEO Yu Kai said.
Insurance registrations in 1st week of Nov: BYD 37,168, Tesla 11,195, Nio 2,852
Li Auto with 2,224 units, Xpeng with 1,115 units, Zeekr with 2,308 units and Neta with 1,896 units.
Nio to report Q3 earnings on Nov 10, what to watch?
"Our gross margin is meaningfully higher as we believe Nio will recognize the majority of its regulatory credit sales in 3Q, similar to last year," writes Deutsche Bank analyst Edison Yu's team.
Nio reaches 1,200 swap stations in China
Nio previously announced goals to have more than 1,300 battery swap stations and more than 6,000 supercharging piles in China by the end of 2022.
EV stocks soar in Hong Kong: Xpeng up 26%, Nio up 18%
Hong Kong stocks rose overall, with the Hang Seng Index up 5.8 percent and the Hang Seng Tech Index up 8.2 percent.
Covid disruptions cost Nio 7,000 units of production in Oct, report says
Covid disruptions caused Nio to lose about 7,000 units of EV production and about 5,000 units of deliveries, according to Bloomberg.
Wait times for Nio vehicles further shortened
Wait times for all of Nio's "866" models have been reduced to 2-3 weeks, for the ES7 to 7-9 weeks and for the ET7 to 4-6 weeks.
Nio's Hefei plants have resumed production, report says
Nio's production sites in Hefei has resumed production, local media said, citing unnamed channel sources.
Baillie Gifford boosts holdings in Tesla, Nio, cuts Li Auto in Q3
Baillie Gifford increased its holdings in Nio by 50,039 shares, Tesla by 18.47 million shares and cut its position in Li Auto by half during the third quarter.
Nio updates purchase subsidy plan as China's national subsidy policy set to expire in 2 months
For consumers who purchase all Nio models except the ET5, they will be able to enjoy the same subsidy amount as in 2022, as long as they lock in their configuration by December 31.