Nio
Nio business model goals are met with release of world's second 100kWh battery pack
Following the BaaS (Battery as a Service) announcement on August 20, Chinese electric vehicle (EV) maker Nio (NYSE: NIO) announced the 100kWh battery pack on November 6, making it the second car company in the world, after Tesla, to release a 100kWh battery pack.
Nio shorts lost at least $2.66 billion this year
Short sellers in Chinese electric vehicle (EV) maker Nio (NYSE: NIO) lost $155 million on November 3, bringing their cumulative losses this year to $2.66 billion, according to data from financial analytics firm S3 Partners.
Nio continues to move forward in no-man's land with battery upgrade plan
On November 6, Nio unveiled a higher capacity 100kWh battery in Beijing, allowing owners to get longer range out of their vehicles with a flexible upgrade program.
This is what's happening at Tesla, Nio and Xpeng stores in Shanghai
Recently, Shanghai has tightened restrictions on vehicles with license plates from other provinces and cities, making a large number of users start to consider buying new energy vehicles with local license plates, especially those from Tesla, Nio, and Xpeng.
Elon Musk suggests Tesla is 10 times better than Nio
As its stock price has soared, Nio's market capitalization has surpassed that of BMW and General Motors. That's gotten the Chinese EV maker more attention, including from Tesla CEO Elon Musk.
Nio launches 100 kWh battery with flexible upgrade plans
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) on November 6 announced the launch of its 100 kWh battery that allow Nio owners to significantly boost their car's range under flexible upgrade plans.
Nio plans to build over 300 second-gen battery swap stations next year
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) plans to deploy more than 300 second-generation battery swap stations in China next year, the company's co-founder and president Qin Lihong said on Friday.
Nio to launch 100kWh battery pack and BaaS plans on Friday
Chinese electric vehicle maker Nio (NYSE: NIO) will hold a media conference on November 6 to officially launch the 100kWh battery pack, giving users the option to choose from a range of battery sizes for different needs.
Nio confirms former Xiaomi chip chief is on board
A media report yesterday said that Bai Jian, former OPPO hardware director and general manager of Xiaomi's chip business, has joined Nio as vice president of hardware, reporting to Nio founder and chairman William Li Bin. Nio was quoted Wednesday by Sina Tech as saying that this is true.
Does Nio stock price surge reflect value or is it out of touch with reality?
Nio shares surged 6.54 percent to $35.50 on Tuesday, giving it a market capitalization of $48.3 billion, surpassing Frankfurt-listed BMW's €39.8 billion ($46.5 billion).
