Nio

Starting in June, Nio will basically keep building 120-150 battery swap stations per month, William Li previously said.

Wait times for both the Nio ES7 and ET5 are now around 3 weeks, compared to 4-6 weeks and 3-4 weeks respectively.

A revamped version of the Nio ET7 is expected to be optimized for exterior and interior details and will likely be unveiled during the Shanghai auto show, according to a local media report.

Wencan aims to supply products from near Nio's plants by 2025, and the two companies will work together to arrange capacity expansion plans.

Nio co-founder and president Qin Lihong attended the ribbon-cutting ceremony for the opening of the Nio House in the Netherlands.

The Nio House is located in the Rotterdam Centrum neighborhood of Rotterdam, the second largest city in the Netherlands.

That will be achieved through new models, expanding the company's charging and battery swap network, and unlocking self-driving technology, the Nio CFO said.

Last week's insurance registrations for NEVs were 112,650, up 4.53 percent from the previous week.

Li Auto leads the pack with superior execution, but risk-reward increasingly favors Xpeng and Nio after a drastic sell-off this year, Morgan Stanley said.

Nio's third-generation battery swap stations are expected to be ready for volume production in April, with deployment ramping up in May, William Li said a month ago.