Nio
Nio founder William Li withdraws as legal representative of Bitauto affiliated company
Bitauto, which is associated with the above company, was founded in 2000 and was delisted from the New York Stock Exchange and is the largest automotive Internet company in China.
Nio's number of stores expected to double to 400 this year
Nio already has more than 200 stores in China by the end of 2020. Its full-year 2020 deliveries reached 43,728 units, up 112.6% year-on-year.
Is this what Nio's first sedan will look like?
Nio announced on January 4 that its first flagship sedan will be launched on Nio Day, which will be held on January 9. Up to now, Nio has done a good job of secrecy, so much so that no accurate leaked images have been released yet.
CICC raises Nio price target to $60, says Model Y price cut will have limited impact
CICC maintained its Outperform rating on Nio and raised its price target by 15% to $60, corresponding to a 23% upside.
Nio, Xpeng are the most financed companies in China's NEV industry in past decade
A recent report showed that Nio and Xpeng are tied for first place with 13 financing events each in China's new energy vehicle industry over the past decade, out of a total of 897 financing events.
Model 3 what? Nio's upcoming sedan to take on BMW 7 Series
On the Nio App, a user asked which class of luxury cars such as BMW, Mercedes-Benz, and Audi the sedan would target, and Nio co-founder and president Qin Lihong responded: BMW7.
Nio officially announces first sedan to be launched on Nio Day, Jan 9
Referring to LiDAR, Nio co-founder and president Qin Lihong said, "Our mission is to find a LiDAR that is better than Luminar's and earlier in mass production."
Nio launches used car business Nio Certified, plans to invest $460 million to support it in next 5 years
This business has undergone six months of trial operation, and Nio will invest RMB 3 billion ($460 million) to promote its development.
Nio founder says Model Y has no impact on orders, no future price cuts
William Li, chairman, founder and CEO of Nio, said that Tesla Model Y has not had an impact on Nio, and that there has been no major change in orders in the past two days.
Nio launches used car trading business
Nio today released details of used car trading and officially launched its used car trading business.