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 begins offering 75-kWh packs at battery swap stations

    The pack is expected to bring users a longer range while reducing costs, but it will be interesting to see how it performs in winter.

  • Nio ET7 spotted at battery swap station for first time

    A camouflaged ET7 has been spotted at one of Nio's battery swap stations, the first time the model has been spotted at the facility.

  • China launches pilot program in 11 cities to promote battery swap model

    The goal of the pilot is to boost sales of more than 100,000 additional battery swap-enabled vehicles and build more than 1,000 swap stations.

  • Nio adds 4 swap stations, bringing total to 571

    As of October 28, Nio had 571 battery swap stations and 422 supercharging stations in China, providing 2,507 charging piles.

  • Nio's first swap station in Norway expected to open soon as construction completed

    Nio plans to put the first four battery swap stations into operation in Norway within this year.

  • Nio adds 4 swap stations, bringing total to 567

    As of October 27, Nio has 567 battery swap stations and 406 supercharging stations, providing 2,458 charging piles.

  • Nio opens new charging line under Power Up Plan

    So far this year, Nio has opened at least nine charging lines under the plan.

  • Nio replaces BYD as most valuable Chinese auto brand on Hurun's list

    Nio's brand value rose 145 percent from last year to RMB 71 billion, overtaking BYD's RMB 67.5 billion.

  • Nio adds 3 swap stations, bringing total to 563

    As of October 26, Nio had 563 battery swap stations and 403 supercharging stations offering 2,450 charging piles.

  • China Securities initiates coverage on Nio with Buy rating and $54 price target

    China Securities analysts expect Nio to achieve single-quarter profitability in the coming quarters.