Nio

Changan Nio has changed to a new name that no longer carries the word "Nio," marking the end of the legacy carmaker's efforts to explore joint ventures with new carmakers.

China will start a nationwide pilot program for the application of the battery swap model in the second half of the year, with cities being asked to complete work plans by the end of May.

If Nio is able to take advantage of this subsidy from Chongqing, its battery swap station construction costs in the city will be significantly reduced.

The two sides plan to cooperate in charging, battery swap facility construction, and charging resource sharing to create a charging experience that is "more convenient than refueling", according to Nio.

Nio's first ET7 sedan from Validation Build has rolled off the production line on May 13, marking another step closer to mass production of the model.

Hillhouse Capital is losing money on its investments in both Nio and Xpeng, and Xpeng in particular is causing more serious losses for it.

Every day at 6 p.m. is the moment when Nio users interact most frequently with NOMI, with the most common commands users use being playing music, navigating, and making phone calls.

Many people know Nio as an electric car company targeting the high-end market, but few know that the company also has big ambitions in lifestyle products.

Nio is actively reinforcing its business through infrastructure-related collaborations.

Nio was the top-selling brand in China's all-electric SUV market in April with a 23 percent market share, higher than Tesla's 17 percent, WM Motor and Xpeng Motors' 7 percent.