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New rule paves way for Nio, Xpeng, Li Auto to go public in China's A-share market
The biggest obstacle for US-listed Nio, Xpeng Motors, and Li Auto to list in the A-share market has been lifted.
Nio's William Li expects China's NEV penetration rate to reach 20% next year
According to China's New Energy Vehicle Industry Development Plan (2021-2035) released last year, the country aims to achieve a 20 percent penetration rate of NEVs by 2025.
Nio puts 10 new battery swap stations into operation, bringing total to 466
As of September 17, Nio had 466 battery swap stations and 331 supercharging stations in China, offering 2,128 charging piles.
First tooling trial prototypes of Nio ET7 roll off line
At the end of this phase, the ET7 will enter the pre-production phase to prepare the vehicle for final delivery.
Nio's William Li says automakers should play bigger role in carbon neutrality
He said Nio is involved in building a world-class smart electric vehicle industry cluster in Hefei, with the main purpose of achieving low-carbon and sustainable development.
Nio says its battery swap network now covers highway service areas from Beijing to major neighboring cities
Nio announced on September 16 that it has completed a network of battery swap stations in highway service areas from Beijing to all major neighboring cities.
Nio's battery swap stations reach 450
CnEVPost's data tracker shows that Nio has also put four supercharging stations and three destination charging stations into operation today.
Nio's auto sales subsidiary increases registered capital by 50% to $1.5 billion
After its two Anhui-based subsidiaries received a 50 percent increase in registered capital, Nio's auto sales subsidiary saw a similar move.
Nio debuts ET7 in Germany, local deliveries expected to begin in Q4 2022
Nio has presented the ET7 for the first time in Germany, marking the model's European debut. It confirmed that the model will be available in Germany next year.
Nio increases registered capital of two subsidiaries in Anhui by 50%
Nio recently increased the registered capital of two of its companies in Anhui by 50 percent, for a combined increase of RMB 4 billion ($620 million).