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Formal reservations for Nio ET7 expected to open in mid-January
The Nio ET7 will initially be delivered at a rate of a few hundred units per month, with capacity ramp-up taking 2-3 months.
Shanghai-listed firm plans to acquire provider of delivery services to Nio
West Shanghai plans to acquire Shanghai Xingding, which operates Nio's delivery center in Shanghai.
Qingdao official explains why Nio ES6s chosen as police cars
It takes at least 40 minutes to charge an ordinary EV to 80 percent, and only vehicles that support battery swap can meet the all-day patrol needs of police cars.
Nio adds 8 swap stations, bringing total to 634
As of November 20, Nio has 634 battery swap stations, 129 of which are located along highways.
Nio completes at-the-market share offering, raises about $2 billion
This is higher than the $1.8 billion raised by Xpeng in its Hong Kong listing and the $1.5 billion raised by Li Auto in Hong Kong.
HSBC Qianhai raises Nio price target to $53 from $47, citing expected product cycle acceleration
HSBC Qianhai believes Nio's current share price only partially reflects the company's expected accelerated product cycle in 2022.
Nio files for multiple Metaverse trademarks
After Li Auto and Xpeng Motors, Nio has also applied for several Metaverse trademarks.
Nio's swap stations reach 623
As of November 18, Nio has 623 battery swap stations and 474 supercharging stations providing 2,768 charging piles.
Further Reading: Will German luxury car brands face same fate as Nokia in smartphone era?
It's not the first time in history that traditional brands have been hit by innovators.
Nio delivers vehicles for police use in Qingdao, eastern China
Nio today delivered eight Nio ES6s to Qingdao as police vehicles.
