Nio
Hillhouse Capital re-bought Nio, Xpeng in Q1 after liquidating positions at end of last year
Hillhouse Capital is losing money on its investments in both Nio and Xpeng, and Xpeng in particular is causing more serious losses for it.
Nio says users have communicated with NOMI virtual assistant over 200 million times
Every day at 6 p.m. is the moment when Nio users interact most frequently with NOMI, with the most common commands users use being playing music, navigating, and making phone calls.
Nio's lifestyle brand opens flagship store on Alibaba's Tmall
Baillie Gifford had been optimistic about the social e-commerce potential of the Nio App and expected that Nio Life's annual sales would reach RMB 200 billion in 2030.
Nio in April 2021: Fresh sales record, new major partnership
Nio is actively reinforcing its business through infrastructure-related collaborations.
Nio tops China's all-electric SUV market in April with 23% share
Nio was the top-selling brand in China's all-electric SUV market in April with a 23 percent market share, higher than Tesla's 17 percent, WM Motor and Xpeng Motors' 7 percent.
Nio's battery rental service BaaS called world-changing idea in new ranking
For Nio, the battery rental service BaaS (Battery-as-a-Service) was a major gamble on its fate. Now, as the model achieves initial success, it is becoming increasingly recognized.
SAIC to follow Nio in launching 'battery bank'
SAIC will soon launch a "battery bank" to support the body-battery separation model, with a unified battery pack to be introduced by the end of this year or early next year.
Nio signs deal with southern Chinese city, aims to ditch fossil fuels in Xisha Islands' travel scenario
Under the agreement, Nio will provide Sansha with a fleet of smart electric vehicles and invest in charging and storage facilities.
Nio's LiDAR supplier Innovusion closes $64 million Series B round
Nio CEO William Li has said that the company has no plan B on the LiDAR option, implying that Nio is fully supporting the development of Innovusion.
Nio says user mileage exceeds 2 billion kilometers
More than 36,000 users have driven more than 20,000 kilometers, and Nio Pilot has driven 164,068,765 kilometers.
