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 Firefly files for new variant with higher-power motor

    The new variant features a motor with a peak power output of 120 kW (161 horsepower), surpassing the 105 kW of the currently available variants.

  • Firefly won't integrate with CATL's battery swap network, Nio's William Li says

    Firefly uses safer, higher-performance liquid-cooled battery packs, while CATL employs air-cooled packs primarily targeting the ride-hailing market, Li said.

  • Nio Firefly ships large batch of cars to Europe, overseas expansion to include North America

    Firefly is deepening its market penetration in Europe, North America, and Asia, it said, revealing for the first time its market expansion efforts will include North America.

  • Nio starts displaying Coca-Cola ads at some battery swap stations

    To date, 32 battery swap stations have begun displaying Coca-Cola advertisements, marking Nio's first such initiative.

  • Nio's William Li visits Europe as EV maker's overseas efforts continue

    Accompanying William Li on the European trip are Firefly president and Nio CFO Stanley Qu, who also heads Nio Power.

  • Nio's deliveries exceed 10,000 units again last week

    Three consecutive weeks of weekly deliveries exceeding 10,000 units propelled Nio Inc's monthly deliveries to a new high.

  • Goldman Sachs raises Nio price target on improved model competitiveness and sales

    Goldman Sachs' previous price target for Nio had already been significantly below the current stock price.

  • Nio's battery asset operator Mirattery closes $94.2 million Series C financing

    Beyond additional investment from founding shareholders, Mirattery has brought in two state-owned enterprises as shareholders.

  • Nio delivers record 40,397 cars in Oct, with Onvo and Firefly both hitting new highs

    This marks Nio Inc's first monthly deliveries exceeding 40,000 units and its third consecutive month of record-breaking performance.

  • Nio hits 300,000th ES6 SUV production milestone

    The 300,000th ES6 delivery is expected to be achieved later this month.