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 reopens most offline stores in Shanghai, local deliveries to resume on June 2

    Nio's vehicles to be delivered in Shanghai have been shipped today from the JAC-Nio factory in Hefei, Anhui province.

  • Nio's battery asset operator raises about $95 million through ABS offering in China

    The move comes after Mirattery secured tens of millions of dollars in financing through an ABN offering in April, marking the establishment of its direct access to financing in the exchange and interbank markets.

  • Nio's LiDAR provider Innovusion enters strategic partnership with driverless tech firm TuSimple

    In a joint project between the two, Innovusion's Falcon ultra-long-range LiDAR will serve as the primary vision radar on TuSimple's heavy truck models.

  • Nio offers service to facilitate owners to sell their vehicles directly to others

    In addition to acquiring Nio vehicles and selling them, Nio has begun offering a service to facilitate users to sell their vehicles directly to others.

  • Nio sees 'significant increase' in new orders in Shanghai in May

    Nio has an established online sales system, so orders in the Shanghai region have been good, local media quoted the company as saying.

  • Nio, Tesla showrooms in Shanghai expected to reopen soon with city's new rules to take effect on June 1

    Starting June 1, businesses in Shanghai will no longer need to apply to the government if they want to resume operations.

  • Nio brings its full lineup of models to Auto Shenzhen 2022

    The Nio ET7, ET5, ES8, ES6, EC6, and the all-electric supercar EP9 are all on display at the show.

  • Nio intends to build plant in US, report says

    Nio's plant in the US may initially adopt a CKD (Completely Knocked Down) or SKD (Semi Knocked Down) form of production, local media said, citing an industry source.

  • Nio to boost presence in Norway with new Nio Houses and swap stations

    Nio's second Nio House in Norway is expected to open in the third quarter, one year after the opening of Nio's first showroom in the country.

  • Nio becomes first automaker to use Honeywell's refrigerant with ultra-low global warming potential in Chinese market

    Honeywell's HFO-1234yf refrigerant has a GWP of less than 1, a 99.9% reduction compared to HFC refrigerants currently used in the Chinese market.