Nio

Nio vice president rebuts rumors of departure

Recently, rumors were circulating that Zhu Jiang, vice president of user development at Nio, will step down as vice president and switch to consultant. In response, Zhu responded o ...

Nio will use Xiaomi Mi Watch as car keys

Xiaomi announced on March 16 that it has entered into cooperation with Nio Motor, and its Mi Watch will launch a Nio App that can perform car control functions anytime, anywhere. ...

Nio, Xpeng American branches start working from home on coronavirus fears

Xpeng's North American subsidiary already has half of its employees working from home, Tencent Auto quoted Xpeng insiders as saying on March 12. ...

Nio delivery fell 12% year-on-year to 707 in Feb

Nio's February delivery fell 12% year-on-year to 707 units, of which ES6 delivered 671 units, the company annoucement on Tuesday. ...

Nio announces $235 million convertible note financing

Nio announced today that it has completed a $235 million convertible note financing. The investors are a number of Asian investment funds, all of which are "non-affiliated par ...

Nio will burn another 14 billion yuan before break even in 2023, report says

Considering that Nio is carrying $1.5 billion in debt and that its free cash flow for fiscal 2019 is expected to be negative $1.4 billion (about 9.8 billion yuan), the recently ann ...

Nio's funding woes reflect challenges faced by Chinese EV startups

At a time when many people thought that Nio had run out of life, a "knight in white" gave a helping hand when Nio was most difficult. ...

Meet Nio EC6: SUV with over 600 km rang, 0-60 in 4.7 seconds

At the Nio Day 2019 held in Shenzhen last year, Nio released its third model, the Nio EC6, which is positioned as a smart electric coupe SUV with a long cruising range of up to 615 ...

Nio says will focus on sales of EC6 and ES8 after China headquarters settled in Hefei

Almost at the last moment, Nio was once again getting the long-awaited funding: more than 10 billion yuan. The capital market gave positive feedback, and the pre-market share price ...

Nio founder denies Geely investment report

In response to previous reports that Geely will invest 300 million US dollars in Nio, Nio chairman and CEO Li Bin today denied the rumor. ...
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