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 Q2 revenue reaches $1.3 billion, beating expectations

    Nio reported Q2 revenue of RMB 8.45 billion ($1.3 billion), beating analysts' estimates of RMB 8.29 billion and coming close to the upper end of its guidance.

  • New ETF to be listed in HK Thursday expected to bring passive inflows to Nio, Tesla

    As of August 10, the index's top five constituents were Tesla, Texas Instruments, Analog Devices, CATL, and Nio.

  • Nio's 361st battery swap station goes into operation

    As of August 11, Nio has 361 battery swap stations, 238 supercharging stations, 432 destination charging stations.

  • Nio signs strategic co-op deal with Shanghai's largest industrial park developer

    After Tesla built a factory in Shanghai, Nio's relationship with the city, where it has its global headquarters, seemed to drift apart. But the latest move may signal that the company is upping its bets here.

  • Nio puts seven new battery swap stations into operation, bringing total to 360

    Nio's seven new battery swap stations went into operation on August 10, bringing the total to 360. One is located in Xingtai, Hebei Province, and six are in Shanghai.

  • Nio starts recruiting internal test participants for its next major software update, presumably Nio OS 3.0

    Nio began recruiting internal test participants for the latest version of its in-car system on Monday, according to the information posted on its app.

  • Nio adds another battery swap station in flood-hit Zhengzhou

    This is Nio's 14th battery swap station in Henan Province, and the second to be put into operation after the province was hit by rare heavy rains and flooding.

  • Nio to report its Q2 earnings this week, what to watch?

    Edison Yu's team from Deutsche Bank maintained a Buy rating on Nio and a $60 price target. Nio closed down 3.86 percent to $43.84 on Friday.

  • Nio adds two new battery swap stations, bringing total to 352

    So far, Nio has 352 battery swap stations, 235 supercharging stations and 427 destination charging stations in China, and has access to more than 390,000 third-party charging piles.

  • Nio's battery swap stations reach 350, half of its renewed goal for the year

    Nio originally planned to have 500 battery swap stations by the end of this year, but at the first Nio Power Day event on July 9, it said the goal would be raised to over 700.