Nio

+ Follow
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
  • CITIC Securities initiates coverage on Nio with Buy rating and $45 price target

    CITIC Securities believes that the low- and mid-end EV market is highly competitive, while the high-end market in which Nio is present has fewer players and huge room for growth.

  • Holiday travel report: How does Nio compare to Xpeng, Li Auto, and WM Motor?

    As the company with the most models and the largest vehicle fleet of these four companies, Nio's numbers lead in almost every way.

  • Chinese official newspaper lauds Nio's move into overseas markets

    Chinese automakers, represented by Nio, have seized the opportunity and started to share the big pie of the smart car market in Europe and the US, says the People's Daily.

  • Analyst says battery swap stations won't put big financial strain on Nio

    This analyst said Nio's battery swap stations provide a differentiated experience for customers and will not cause significant financial stress in the short, medium or long term.

  • Industrial Securities initiates coverage on Nio with Buy rating and $49.5 price target

    Industrial Securities says Nio is expected to reach new levels of deliveries and profitability is expected to improve significantly as the new vehicle cycle kicks off in 2022.

  • Nio says over 36% of users have at least one swap station within 3km radius

    Nio added 90 battery swap stations in September, exiting the month with 517. As of October 7, the company's battery swap stations reached 523.

  • Nio BaaS battery swap upcoming disruptor within proven disruptive EV segment

    Soon Investment World will realize there is a major disruptive product (BaaS Battery Swap) within its own proven existing EV disruptive product.

  • Goldman Sachs raises Nio rating to Buy, bullish on ET7's potential

    Goldman upgraded Nio from Neutral to Buy with an unchanged price target of $56, corresponding to a 65 percent upside.

  • Nio says users have accumulated over 3 billion km of driving

    The cumulative carbon reduction contributed by Nio users reached 197,225 tons, equivalent to the carbon emissions that 533,333 square meters of forest helped reduce in a year's time.

  • Behind Nio's surge in deliveries: Some showrooms sold out of show cars and had to display models

    Because the show cars were sold, Nio put up car models in the showrooms where the cars should have been placed.