Nio

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Nio is a Chinese EV maker that produces battery swap-enabled cars. It now has three brands: Nio, Onvo, and Firefly.
Founded: Nov 2014
Founder: William Li
Ticker: NYSE: NIO
HQ: Shanghai
2024 revenue: RMB 65.73 billion
Website: nio.cn
  • Nio adds 9 swap stations in China, bringing total to 814

    The Chinese New Year holiday is next week, and the peak travel season starts this week.

  • Nio issues first NFTs, but only for employees

    Each year Nio issues a brooch to its employees to mark Nio's growth, and this year's theme is Hello Norway.

  • Why is Nio setting up an insurance unit?

    Industry sources said that carmakers can integrate insurance services and sales by setting up their own insurance business, which can also maintain a closer relationship with users.

  • Guosheng Securities initiates coverage on Nio with Buy rating and $50 price target

    The team said Nio is a first mover in the premium electric vehicle market and is bullish on its potential for intelligence and the expansion of its user base with lower-priced products.

  • Nio sets up insurance brokerage firm with registered capital of about $8 million

    Nio recently incorporated an insurance brokerage company in Hefei, Anhui Province, where its China headquarters is located.

  • Nio opens new lines under Power Up Plan, second this year

    To date, Nio has opened a cumulative total of 19 power supply lines under the Power Up Plan.

  • Exclusive: Nio, Xpeng may use large die-casting units from their common supplier

    Nio, Xpeng's supplier Guangdong Hongtu saw the 6,800-ton integrated die-casting machine come off the production line and started developing a 12,000-ton die-casting unit.

  • Nio-backed chip maker Black Sesame partners with self-driving tech provider MAXIEYE to create smart driving solutions

    The two companies will release product solutions for a next-generation, high-level smart driving platform in 2022, covering both high-speed and low-speed scenarios.

  • Nio partners with IKEA, 800th swap station in China goes online

    The launch of the station is just the first step in its partnership with IKEA, and more battery swap stations will appear in IKEA malls in the future, Nio said.