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 William Li cautions weak EV industry in Q1 2026 as China's tax incentive drops

    For industry demand, achieving even half of this year's fourth-quarter levels in the first quarter of next year would be a positive outcome, Li said.

  • Nio's tech service revenue primarily comes from McLaren, William Li says

    Nio has confirmed for the first time that the company works with McLaren and has received technical service revenue from the automaker.

  • Nio Q2 2025 earnings call: Live updates

    Nio aims to deliver 150,000 vehicles in the fourth quarter, averaging 50,000 deliveries per month.

  • Nio reports narrowed net loss in Q2 as expenses decline

    Nio posted a net loss of RMB 4.99 billion ($697 million) in the second quarter, its smallest since the fourth quarter of 2023.

  • China EV insurance registrations for week ending Aug 31: Nio Inc 8,163, Tesla 12,500, Xiaomi 11,900

    Onvo's registrations last week totaled 3,673 units, down 10.50 percent from the previous week's 4,104 units. Both Nio and Firefly brands saw growth.

  • Nio delivers record 31,305 cars in Aug as Onvo and Firefly both hit new highs

    Onvo delivered 16,434 units in August, becoming Nio Inc's highest-selling model in a single month with a 175.00 percent increase from July.

  • Nio's William Li reassures staff in internal speech that Q4 profitability remains achievable

    Both the Onvo L90 and the new Nio ES8 are high-priced products with solid gross margins, Li said.

  • Onvo hits record deliveries in Aug as L90 reaches 10,000 units

    The 10,000th L90 was delivered at the Chengdu auto show, 29 days after the SUV began deliveries on August 1.

  • Nio's full lineup now comes standard with 100-kWh long-range pack, leading to further price cuts

    This is expected to enhance the appeal of Nio models and reduce complaints about their relatively low range.

  • Nio to offer limited-time free battery swap service on route to Mount Everest

    Nio will provide limited-time free battery swap services for Nio and Onvo owners on the G318 road to Mount Everest, demonstrating that its EVs can go anywhere.