Nio
Nio deliveries slip in Q1, shares plunge 13% pre-market
Nio's first-quarter revenue fell 15.9% year-over-year to 1.372 billion yuan, beating analysts' expectations of 1.287 billion yuan and exceeding the upper limit of guidance (1.21 to 1.27 billion yuan) previously given by the company, its first-quarter financial report showed.
Nio's April deliveries up 180.7% year-on-year, shares up by over 5% pre-market
Nio's overall deliveries in April reached 3,155 units, an increase of 180.7% year-on-year and 105.8% from the previous month, doubling the number of deliveries for the second consecutive month, according to data released today by Nio.
Nio President: Strategic investors are buying into Nio's future
"The company is much happier today than it was when it first started, people don't even know who you are when you talk to them about working together. There will be plenty of difficulties next, but development will be more assured," Nio's President Qin Lihong told several Chinese media outlets after the finalizing of Nio's financing.
Nio finalizes agreement to get 7 billion yuan strategic investment
Nio Morots has completed a final agreement to bring in strategic investors under which they will invest RMB 7 billion in Nio China.
Tesla does the opposite of Nio as Chinese subsidies roll back
As China's subsidies for new energy vehicles recede, Nio said the price spreads this creates for its potential customers will be borne by it for some time.
Chinese EV makers unite as Nio supercharge network will support Xpeng P7
Nio said on Weibo today while mentioning @Xpeng that in order to welcome the Xpeng P7, the Nio supercharge network will support the upcoming EV.
Nio plans to release its first sedan at year-end
Nio is working overtime to strive for the release of the "next generation of cars" at the Nio Day at the end of this year, Nio co-founder Qin Lihong revealed in a recent live event.
Nio offers 2019 subsidies to customers who get their cars before May 31
Nio today announced that in order to enable more users to enjoy the benefits of policy in China, those who pay a deposit from now until April 26 will still be eligible for the 2019 state subsidy.
Nio gains, Tesla loses as China unveils new policy for subsidies
China today extended the financial subsidy policy of new energy vehicles to the end of 2022 and eased the intensity and pace of subsidy withdrawal.
Nio will push new firmware to improve comfort of older ES6 and ES8's suspension
Nio will push the latest version of its car system to the older ES8 and ES6 at the end of April. The system codename is Nio OS 2.6.0.
