Nio

How do Chinese customers choose between Nio, Li Auto and Xpeng?

On August 27, Xpeng went public on the New York Stock Exchange, and all three of China's leading electric car startups have since gone public.

Nio founder says working on more efficient second-gen battery swap station

Nio is now developing a second-generation battery swap station that is much more efficient than the current one, said William Li Bin, founder, chairman and CEO of the Chinese electric vehicle company, on September 5.

Nio shares plunge 15% despite record August deliveries

Nio, the US-listed Chinese electric car company, plunged 15 percent in early trading as the entire US stock market fell for a second straight day.

Credit Suisse raises Nio price target by over 40% to $25

Credit Suisse analyst Bin Wang has raised the price target of US-listed Chinese EV company Nio by 42.86 percent from $17.50 to $25 with an “outperform” rating.

Chinese retail giant Suning may offer big subsidies for Nio car purchases on its online platform

Chinese retail giant Suning may offer consumers a big discount on Nio cars in its upcoming shopping promotion.

Nio delivers a record 3,965 vehicles in August, up 104.1 percent year-on-year

Chinese EV maker Nio delivered 3,965 vehicles in August, up 104.1 percent year-on-year and setting a new record high.

Nio affiliate gets patent for facial recognition

Shanghai Weilan Power Technology Co., Ltd., an affiliate company of Chinese EV maker Nio, recently added a patent that features "dynamic facial recognition device and method, computer program" to its patent portfolio, information from data provider Tianyancha showed.

Nio completes offering of new shares, why is it increasing ownership in Nio China?

Chinese EV maker Nio announced Wednesday the completion of the offering of 101,775,000 American depositary shares, each representing one Class A ordinary share, which included the exercise in full by the underwriters of their option to purchase up to an additional 13,275,000 ADSs, at a price of US$17.00 per ADS.

Nio and Xpeng both offer battery rental services, what's the difference between the two?

On August 20, 2020, Chinese EV maker Nio launched its BaaS (Battery as a Service) battery rental service, which had been in the works for years. Less than half a month later, Xpeng Motors also launched a similiar program.

Nio's fourth new car could be mass-produced in Q4 next year

Nio's fourth new car, the Nio EE7 instead of the previously rumored Nio ET7, could be mass-produced in the fourth quarter of next year at the JAC Nio plant in central China's Anhui Province. 
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