Nio

Tencent's shareholding in Nio increased from 15.1% to 16.3%

Between June 10 and July 8, Tencent Holdings increased its stake in Chinese electric car maker Nio from 15.1 percent to 16.3 percent. ...

Nio sees most insurance registrations for all-electric SUVs in China in June

Nio was the brand with the most insurance registrations for all-electric SUVs in China in June, data released today by the China Automotive Technology Research Center showed.  ...

Nio China secures 10.4 billion yuan credit line from six Chinese banks

Nio China today received a 10.4 billion yuan ($1.48 billion) credit facility from six Chinese banks, further strengthening its financial status. ...

Nio reportedly to get over 10 billion yuan credit line from six Chinese banks

Chinese EV company Nio will receive a credit line of over 10 billion yuan ($1.4 billion) from six banks, according to Sina News. ...

Nio rises over 23% as deliveries beat expectations

Nio shares increased by 23.95% to $11.62 in early trading on Monday after the company reported that it delivered 10,331 vehicles in the second quarter, exceeding its previous expec ...

First pre-production vehicle of Nio EC6 rolls off line, delivery expected in September

The first pre-production model of Nio's mid-size electric SUV, the Nio EC6, has officially rolled off the production line, marking another step forward to its mass production. ...

China's car sales expected to drop 10% in 2020, Nio founder says

China's auto sales will see a drop of at least 10 percent in 2020 compared to last year, Nio founder, chairman and CEO Li Bin said at an event today. ...

Tencent buys 1.68 million ADSs in Nio, increasing its stake to 15.1%

Tencent bought 1.68 million ADSs of Chinese electric car maker Nio through its wholly-owned subsidiary, Yellow River Investment Limited, according to Nio's filing with the U.S. Sec ...

Nio delivers a record 3436 new vehicles in May

Nio delivered 3,436 vehicles in May, up 215.5 percent year-on-year to a record high. Nio expects to meet its second quarter delivery target. ...

Nio says Tesla both a rival and an ally

Li Bin, founder of Nio, said the long-term growth potential of China's electric vehicle market remains despite increased competition from companies like Tesla, which bodes well for ...
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