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's color of the year, Arctic Green, finally available on ES8

    Nio announced its color of the year, Arctic Green, at the Shanghai Auto Show in late April and said that it will be available for the ET7, EC6 and ES6, with the ES8 being excluded.

  • Nio's first batch of ES8s for export has arrived in Norway

    After a two-month sea voyage, the first batch of Nio's ES8s delivered to Norwegian customers have arrived at the port of Drammen, Norway.

  • Nio launches 75-kWh hybrid-cell battery pack

    Models equipped with the new 75 kWh battery are now available for orders, and will be delivered to users from this November. Prices are the same as models with the previous 70-kWh pack.

  • Nio App has as many users as Xpeng and Li Auto combined, report shows

    As of July 2021, Nio App has 367,000 monthly active users, Xpeng has 236,000, and Li Auto has 132,000.

  • Nio completes summer testing of ET7

    After completing winter testing of the ET7 in New Zealand in the southern hemisphere in July, Nio completed summer testing of the sedan in China's southernmost province of Hainan in August.

  • Nio to officially launch ES8 in Norway on Sept 30, local Nio House to open on Oct 1

    Nio will officially launch the ES8 in Norway on September 30 and the first local Nio House will be officially open for business from October 1.

  • Nio rumored to release new 75-kWh pack that is expected to cost less with longer range

    Nio is said to unveil a 75-kWh ternary and LFP hybrid pack on Sept 23, which is expected to cost less but have a longer range than the existing 70-kWh version.

  • Nio increases registered capital of its operating entity in China by 20% to $3 billion

    The registered capital of Shanghai Nio Co Ltd was increased by 20 percent to $3 billion on September 18, following similar moves of three of its subsidiaries earlier this month.

  • Nio-backed self-driving chip maker Black Sesame closes new funding led by Xiaomi-backed fund

    Black Sesame said the two funding rounds amounted to hundreds of millions of dollars, giving it a valuation of nearly $2 billion.

  • Evergrande and chip shortages: How to understand the drama during China's mid-autumn holiday?

    How to make sense of all this drama during the Chinese holiday? Edison Yu, an analyst at Deutsche Bank, gave his take in a research note sent to investors on Tuesday.