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 enters new ranking of most valuable Chinese brands, Xpeng and Li Auto do not

    Nio makes the list for the first time this year, with a brand value of $8.604 billion higher than Sinopec and BYD.

  • Nio says ET7 completes testing in high altitude environment

    In July and August, the Nio ET7 completed winter testing and summer testing, respectively.

  • Nio Life's sustainable fashion brand Blue Sky Lab debuts at Shanghai Fashion Week

    Nio uses automotive fabrics left over from car manufacturing as core materials to create a fashion collection.

  • Nio offers free services to alleviate winter concerns for users in northern China

    This is the latest move by Nio to cater to customers in the north, and is a rare local car company to make these pushes.

  • Reasons why Nio ET7 will not have chip shortage problems

    Eliminating chip shortage supply chain issues for ET7 will have transformational effects on Nio.

  • Nio Day 2021 to be held in Suzhou on Dec 18

    Mark your calendar, the date for Nio Day 2021 is set: December 18.

  • New group standard for battery swap stations passes review, expected to be released within the year

    This is a set of group standards, which is not mandatory. After the pilot application is mature, it has the possibility of being upgraded to a national standard.

  • Nio Hefei plant finishes phased renovation, increasing annual capacity by 20% to 120,000 units on single shift

    The plant's annual capacity can be increased to a maximum of 300,000 units after all upgrades are completed in the first half of 2022.

  • Nio sold its vehicles at average price of about $68,600 in Sept, $18,000 higher than Tesla in China

    Nio's average sales price in September was RMB 47,500 higher than the average price of high-end brands, and RMB 41,600 higher than BMW.

  • Nio's William Li says holiday charging queues due to faster-than-expected EV adoption

    "Nio has accelerated the construction of battery swap stations as well as supercharging stations this year, and our users are relatively happier," Li said.