Nio

Nio president shrugs off allegations that EV maker involved in Tesla drama

Qin Lihong, co-founder and president of Nio, said that seeing such news was really angry and amusing.

Li Auto CEO says Nio ET7 one of the best EVs in Shanghai auto show

As the founder and CEO of Chinese electric car company Li Auto, Li Xiang doesn't seem to shy away from praising the excellent products of his competitors.

CLSA initiates coverage on Nio with Buy rating and $50 price target

CLSA analyst Soobin Park initiated coverage on Nio with a Buy rating and a $50 price target, implying a 26 percent upside for the stock from Thursday's close of $39.57.

Nio said to step up efforts to enter third and fourth-tier cities

Construction of Nio's new factory in Hefei is expected to start soon, so how will the expanded capacity be absorbed in the future? The electric car company seems to be targeting third- and fourth-tier cities in China.

Nio may start construction of new Hefei plant and announce capacity expansion plans next week

Construction of Hefei's Xinqiao Smart Car Industrial Park will start on April 29, and Nio's new plant will be included, a new report suggested.

Meet Nio Power Cloud: The backbone that drives the efficient operation of Nio's energy replenishment system

Nio revealed for the first time a service system called the Nio Power Cloud, which it says is the foundation for its intelligent energy service system to work efficiently.

Nio insists on developing core technology in-house, not relying on partners

Although it costs more money and is more difficult, the innovation ability accumulated in this way is different from that of midway entrants, Nio CEO said.

Nio cancels affiliate firm with registered capital of about $200 million

The company was established in December 2017, and its legal representative was Qin Lihong, co-founder and president of Nio.

Nio's William Li expects China's EV penetration to double to 20% in two years

While the transition from fuel to electric vehicles is difficult, once consumers accept the shift, they basically won't go back to fuel cars, Li said.

Nio president says low adoption of Tesla's FSD means much investment is wasted

Autopilot requires a subscription system rather than a one-time buyout, otherwise, users will be hindered by the high price, Qin said.
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