Nio
Behind Chinese brands' efforts to enter high-end market: to become another Nio or Tesla?
According to the data released by Nio, Li Auto and Xpeng at the beginning of November, they delivered a total of 11,781 new cars in October, surpassing the average monthly sales record of China-made Model 3.
JP Morgan raises Nio price target to $46 from $41
Four weeks ago, JP Morgan sharply raised Nio price target from $14 to $40, representing a 85% upside potential at that time.
Nio's 159th battery swap station begins operation
Nio today announced the opening of its 159th battery swap station in China in Yueqing, Zhejiang Province.
What does Nio do with FOTA?
With the increasing digitization of vehicles, the trend of "software-defined vehicle" has become unstoppable. Under the impact of the rapid iteration of new technologies, FOTA has become the focus of car manufacturers.
Beijing has issued plates to 14 firms including Nio for self-driving road tests
Beijing has issued temporary number plates to 87 vehicles from 14 companies, including Nio, BAIC New Energy, Baidu, and Daimler, for self-driving road tests, according to Xinhua.
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.