Nio

Suzhou received 50% of the votes and became the city that hosted Nio Day 2021. Xi'an received 27% of the votes, and Hefei, where Nio's factory is located, received 23% of the votes.

This is Nio's first second-generation battery swap station in Yantai and is the result of a partnership with furniture retail giant and real estate conglomerate Red Star Macalline Group.

The latest news "reaffirms our belief China EV stocks could be one of the best relative safe havens for growth investors," Yu's team said.

As of July 23, Nio has 316 battery swap stations, 213 Supercharging stations, 396 destination charging stations, and access to over 380,000 third-party charging piles in China.

Nio appears to be setting out to accelerate its expansion in Europe, as the company has begun hiring for its positions in the Netherlands, following those in Germany.

EP Club members have helped Nio sell an average of 25 cars each, and some have even sold more than 160.

Nio put two new battery swap stations into operation on Thursday, located in Zhangjiagang and Hefei, bringing the total number to 314.

The Nio ES6 ranked highest in the luxury pure electric segment, the Li Auto's only model, the Li ONE, ranked first in the mainstream plug-in hybrid market, and the Xpeng G3 ranked first in the compact pure electric market.

Nio sent the first ES8 vehicles from Shanghai Waigaoqiao Port to Norway on July 20, the company said Thursday.

After announcing an RMB 15 million ($2.32 million) donation to Henan province, which was hit by heavy rains and floods, Nio has developed a support plan for its customers there.