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 with highway service area operator to jointly build 28 swap stations by end of 2022

    Nio has signed a strategic partnership agreement with Guangdong Tongyi, which operates 352 service areas, to build 28 swap stations in highway service areas by the end of 2022.

  • Nio completes relocation of swap station that faced demolition

    The battery swap station has been relocated to an ancient building called the Bojin Building, near an upscale neighborhood and office spaces.

  • Nio's 150-kWh pack supplier could be Gotion

    Nio's 150 kWh pack supplier may be Gotion High-tech, which is located in the same central Hefei city as Nio's plant.

  • Deutsche Bank updates Catalyst Call on Nio, says investor sentiment should be close to bottoming

    Edison Yu's team believes investor sentiment should be close to bottoming for several reasons.

  • Formal reservations for Nio ET7 expected to open in mid-January

    The Nio ET7 will initially be delivered at a rate of a few hundred units per month, with capacity ramp-up taking 2-3 months.

  • Shanghai-listed firm plans to acquire provider of delivery services to Nio

    West Shanghai plans to acquire Shanghai Xingding, which operates Nio's delivery center in Shanghai.

  • Qingdao official explains why Nio ES6s chosen as police cars

    It takes at least 40 minutes to charge an ordinary EV to 80 percent, and only vehicles that support battery swap can meet the all-day patrol needs of police cars.

  • Nio adds 8 swap stations, bringing total to 634

    As of November 20, Nio has 634 battery swap stations, 129 of which are located along highways.

  • Nio completes at-the-market share offering, raises about $2 billion

    This is higher than the $1.8 billion raised by Xpeng in its Hong Kong listing and the $1.5 billion raised by Li Auto in Hong Kong.

  • HSBC Qianhai raises Nio price target to $53 from $47, citing expected product cycle acceleration

    HSBC Qianhai believes Nio's current share price only partially reflects the company's expected accelerated product cycle in 2022.