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 signs deal in Norway with LeasePlan, one of Europe's largest car rental firms

    LeasePlan was founded in 1963 and manages 1.8 million vehicles in more than 30 countries.

  • Nio exec says falling stock price brings pressure as some vehicle owners have lots of shares

    Some capital seeks short-term gain, but for the really big investors, many of whom are not interested in Nio's quarterly earnings reports, Nio's president said.

  • Nio allows all standard range users to temporarily upgrade their battery packs on monthly basis

    By now, Nio users who wish to upgrade their battery packs have the option to do so either permanently or on an annual or monthly basis.

  • Nio's swap stations reach 689

    As of December 5, Nio had 689 battery swap stations and 526 supercharging stations, providing 2,990 charging piles.

  • Nio enters into long-term strategic partnership with local tourism group

    Nio and Nanjing Tourism Group will work together to improve the construction of Nanjing's energy replenishment facilities. It also becomes the latter's hospitality vehicle partner.

  • Nio-backed 3D printing service provider closes new $55 million round of funding

    WeNext received more than RMB 100 million in investment led by Nio Capital in late January.

  • Nio delivered record 10,878 vehicles in Nov, up 106% year-on-year

    Nio's previous guidance for fourth-quarter deliveries was 23,500 to 25,500 vehicles, which means it is expected to deliver 8,955-10,955 in December.

  • China's subsidies for NEVs set to decline next year, and this is what Nio is offering to year-end buyers

    China's subsidies for NEVs will be reduced by 30 percent next year, and Tesla decided last week to let consumers immediately bear the cost increase.

  • Nio adds 10 swap stations, bringing total to 678

    As of November 30, Nio had 678 battery swap stations and 516 supercharging stations, providing 2,940 charging piles.