Nio
China's first battery swap standard led by Nio and BAIC passes review
A recommended national standard for electric vehicle battery swap safety requirements led by Beijing Electric Vehicle Co., Ltd. (BJEV), Nio, and China Automotive Technology and Research Center, has passed the review by the National Technical Committee of Auto Standardization.
Nio to release details of Battery as a Service on August 20
Nio today said that the details of the Battery as a Service (BaaS) plan will be announced at a launch event in Beijing on August 20.
Nio doubles down on autopilot with important new hire
Nio, the Chinese electric car company with tens of billions of dollars in cash on hand, has accelerated its expansion and begun to invest more in its automated driving software.
Nio partners with local ride-hailing firm to encourage owners share empty seats
Chinese EV maker Nio on Wednesday tied up with Dida Chuxing, a local ride-hailing startup, to encourage more Nio owners to join the latter's car pooling platform to share their empty seats with commuters.
Nio denies battery swap benefits for owners will be reduced
In response to recent rumors that it's car owners' free battery swap benefits will be drastically reduced or even cancelled, Chinese EV maker Nio today denied.
Nio says it prepares to enter global markets, but this year is not the right time
Nio has made preparations to enter the global markets, but this year is certainly not the right time, Li Bin, the Chinese electric vehicle (EV) maker's founder, chairman, and CEO, said in the company's earnings call following the release of its second-quarter financial results today.
Nio says its BaaS business sees significant progress, will release implementation details in Q3
Nio's Battery as a Service (BaaS) business model has made significant progress, with the first BaaS vehicle having completed validation of insurance, loan, and registration processes, said Li Bin, Nio's founder, chairman, and CEO, during the earnings call.
Nio shares surge 11% pre-market as it sees lowest operating loss in Q2
Nio's financial report today showed a huge increase in revenue and a positive gross margin in the second quarter. After the results were announced, its shares surged in pre-market trading hours.
Nio's William Li says EV development accelerates, but legacy automakers still have a chance
Nio founder, chairman and CEO Li Bin said today that even though Tesla's market cap exceeds Toyota's, its market share is still very low. The auto industry is not winner-take-all, which gives more opportunities to startups like Nio and legacy car makers.
Nio's tech vendor reaffirms co-op on battery swap station
Chinese technology company CSG Smart Science said today in response to a question from investors that it has a partial contract with Nio for the battery swap station project that is currently underway.