Nio

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Nio is a Chinese EV maker that produces battery swap-enabled cars. It now has three brands: Nio, Onvo, and Firefly.
Founded: Nov 2014
Founder: William Li
Ticker: NYSE: NIO
HQ: Shanghai
2024 revenue: RMB 65.73 billion
Website: nio.cn
  • China NEV insurance registrations for week ending Jul 2: BYD 54,000, Nio ES6 1,900

    The Tesla Model Y was the best-selling new energy SUV and the Model 3 was the best-selling new energy sedan in China last week.

  • Nio opens innovation center in Berlin to boost local R&D of software

    Berlin innovation center will help Nio's electric vehicles get smarter in Europe and worldwide, the company said.

  • Nio ES6 wait time gets longer, ES7, ET7, ET5 Touring gets shorter

    Nio had sales of 4,100 units last week, up 28.13 percent from 3,200 units the week before.

  • China NEV insurance registrations for week ending Jul 2: Tesla 17,400, Li Auto 6,500, Nio 4,100

    Li Auto saw a 13.33 percent decrease in sales last week compared to the previous week, while Nio saw a 28.13 percent increase.

  • Deutsche Bank on China EV sales: Jun gathering momentum

    After the price cut and a series of new models, Nio sales could reach 20,000 units per month in the third quarter, according to Edison Yu's team.

  • Nio's NOP+ driver assistance software comes out of beta, starts accepting subscriptions

    With the official release of NOP+, Nio brings a new BEV and occupancy network awareness model and switches to the same technology stack as NAD.

  • Nio deliveries rebound to 10,707 units in Jun as new models bring relief

    Nio deliveries rebounded to more than 10,000 units as new models, including the new ES6, ET5 Touring and new ES8, began to be delivered.

  • Nio adds 30 new stores, 224 charging and swap stations in Jun

    As of June 30, Nio had 125 Nio Houses and 271 Nio Spaces worldwide.

  • Nio starts to get cells from WeLion, as deliveries of 150-kWh batteries set to begin in Jul

    WeLion officially began delivery of the battery cells to Nio, submitted a warranty commitment and the two companies signed an annual order.

  • Nio puts 29 swap stations into operation, most ever in single day

    In June, Nio added 95 battery swap stations in China.