Nio

Nio-backed LiDAR maker Innovusion secures new funding to accelerate delivery for ET7

The capital will be used primarily to support the mass production and delivery of LiDARs for the Nio ET7, as well as Innovusion's innovation programs.

Nio's battery swap stations reach 363

Nio put two new battery swap stations into operation Thursday, one in Xining and one in Taicang, bringing the total to 363.

Nio's Q2 earnings call: Here's everything you need to know

Nio reported its second-quarter earnings on Thursday Beijing Time and held an analyst call to unveil some key plans for the future.

Nio's William Li visited SAIC-GM-Wuling, maker of Mini EV

William Li, the founder, chairman, and CEO of Nio, recently visited SAIC-GM-Wuling, the maker of China's best-selling electric vehicle, the Mini EV.

Nio's self-driving team to expand 60% to 800 within the year

Nio's autonomous driving-related team is currently around 500 people, and will increase by 300 to 800 by the end of the year, William Li, founder, chairman and chief executive officer of Nio, said during the company's second-quarter conference call.

Nio's NAD will deliver the best experience of autonomous driving, CEO says

“We believe that NAD will deliver the best experience of autonomous driving and lead the charge of autonomous driving technology development in the industry,” he said.

Nio to launch lower-priced model next year

Nio will launch a lower-priced model next year, but will still maintain its premium positioning, William Li, founder, chairman and chief executive officer of Nio, said during the company's second-quarter conference call.

Nio Pilot take rate exceeded 80% in Q2

In the second quarter, the take rate of Nio Pilot exceeded 80 percent, William Li, founder, chairman and chief executive officer of Nio, said.

Nio confirms it will enter mass market via new brand

"The Nio brand has a similar relationship to the new brand as Lexus has to Toyota, and Audi has to Volkswagen," said William Li.

Deutsche Bank's first look on Nio Q2 earnings: Lower gross margin likely due to higher supply chain inefficiencies

Nio reported Q2 earnings earlier today that exceeded Wall Street's expectations, and Deutsche Bank analyst Edison Yu's team released their initial take.
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