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
  • Insurance registrations for week ending Apr 30: Tesla 11,500, Li Auto 8,100, Nio 2,600

    Li Auto shared the numbers, saying its sales last week far outpaced those of other local new car-making brands.

  • Nio rumored to officially launch new ES6 on May 24

    Nio will officially launch the new ES6 and announce the price on May 24, with deliveries expected to begin within days of the launch, according to local media.

  • Nio to open new Nio House in Germany on Jun 1

    The new Nio House will be located in Düsseldorf and is set to become Nio's third such facility in Germany.

  • Nio to adopt NXP's 4D imaging radar that provides greater road safety

    4D imaging radar enables cars to detect and classify objects such as other vehicles and vulnerable road users on highways and in complex urban scenarios and at distances of up to 300 meters.

  • Nio seeks satisfaction, but likely to get little charge, from defamation lawsuit

    Nio has accused a blogger of deliberately misleading readers by saying it discriminates against Chinese consumers.

  • Deutsche Bank on Apr China EV sales: Li Auto shines while Nio struggles

    Edison Yu's team continues to expect most automakers to be aggressive, as market share is a top priority.

  • Nio deliveries fall further to 6,658 in Apr as product switch continues

    In April, most deliveries went to the ET5 and ES7, while Nio has been upgrading its product from NT 1.0 to NT2.0, it said.

  • Nio plans to launch EV priced below 30,000 euros in Europe, report says

    Nio aims to grab market share from Volkswagen by introducing a model priced below 30,000 euros to the European market, a German magazine quoted William Li as saying.

  • Nio's single-day battery swap service hits record high on Labor Day eve

    On April 28, Nio saw a record 62,746 battery swap services provided in a single day, with the stations along highways providing 104 percent more service than the previous day.

  • Nio suffers complaints from ES7 owners who believe upcoming new ES6 hurts their interests

    Disgruntled ES7 owners have asked Nio to offer additional benefits as compensation, but have been denied.