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
  • Nio says incentives limited to few stock cars in response to reports of big discounts

    Nio's 2022 ES8, ES6 and EC6 models are getting new facelifts and there are still a few show cars and stock vehicles available for sale, it said.

  • Nio offers up to $14,900 discounts on 2022 ES6 and ES8, report says

    Nio's sales staff said they have never seen such big discounts, but there are not many cars like this available.

  • Nio delivers 8,506 vehicles in Jan, down 46% from Dec

    Nio said it delivered 2,190 SUVs and 6,316 sedans in January, without providing a breakdown of specific models.

  • Nio adds 2 Nio Houses, 8 swap stations in China in Jan

    Local companies' operations typically slow down during the Chinese New Year holiday, which ran from January 21 to January 27.

  • Nio begins EL7 SUV deliveries in Europe

    Nio has started deliveries of the EL7 in the Netherlands, and deliveries of the SUV model in Germany, Denmark, Sweden and Norway are also about to begin.

  • 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.