Nio
China EV insurance registrations for week ending Jun 2: Nio 6,700, Tesla 15,200, BYD 53,400, Xiaomi 2,200
Nio vehicles saw a record 6,700 insurance registrations in China last week, up 24.07 percent from 5,400 the week before.
Nio makes organizational changes involving Onvo sub-brand
Nio has renamed its units previously known as “Strategic New Businesses,” and has created 16 regional companies for the Onvo unit.
Nio delivers record 20,544 cars in May
In the January-May period, Nio delivered 66,217 vehicles, up 50.99 percent year-on-year, with SUVs contributing 58.58 percent.
Nio showcases all models at Shenzhen auto show, says 4th-gen swap station to go live on Jun 13
Nio's fourth-generation battery swap station is equipped with 23 battery compartments, compatible with multi-size battery packs, and supports service for multiple brands.
Nio extends car purchase perks in Jun with only minor tweaks
The latest package of benefits only reduces the free battery swap service experience coupon from 60 to 40, and Nio continues to offer up to 12 billing waivers for customers who purchase a car under its BaaS program.
Nio's power unit secures 1st external investment of $207 million
Nio Power has secured a RMB 1.5 billion ($207 million) strategic investment, the first external investment the unit has received, to support its continued infrastructure drive.
Nio delivers over 20,000 cars in May, mobile app poster hints
The only other time Nio has previously seen single-month deliveries exceed 20,000 was in July 2023 with 20,462 units.
Nio to start formal operations of 150-kWh ultra-long-range battery pack on Jun 1
Starting June 1 at 10 am Beijing Time, Nio owners will have the option to rent the 150-kWh battery pack on a daily basis, giving their vehicles up to 1,000 km of range.
EV stocks surge in HK ahead of May deliveries, Nio leads with 10% gain
Insurance registrations for Nio vehicles were 15,400 for May 1-26, already close to the full month of deliveries in April.
IM Motors plugs into Nio's charging network
IM Motors has become the second EV maker to connect to Nio's charging network this month after GAC Aion's Hyper brand.
