Nio

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Nio is a Chinese EV maker that produces battery swap-enabled cars. It now has three brands: Nio, Onvo, and Firefly.
Founded: Nov 2014
Founder: William Li
Ticker: NYSE: NIO
HQ: Shanghai
2024 revenue: RMB 65.73 billion
Website: nio.cn
  • Nio's July deliveries were surpassed by local counterparts, does it matter?

    "The future is here because the minds of users are being changed, and even traditional car companies selling 200,000 a month can't ignore that."

  • Nio opens its 345th battery swap station in flood-hit Zhengzhou

    As of August 4, Nio has 345 battery swap stations, 234 supercharging stations, 424 destination charging stations, and access to over 390,000 third-party charging posts in China.

  • Nio sprints back into growth mode -- and there is no regulatory risk thus far

    Suffering from the chip shortage, Nio is currently fairly priced. And is well set to gain more in the following quarters.

  • Nio-backed self-driving truck firm closes new $270 million round of financing

    Inceptio was founded in April 2018 by IoT platform G7, GLP, and Nio Capital, with a business focus on autonomous driving for logistics operations.

  • Nio says report of ES7 launch next year untrue

    Nio has denied the rumors that it will launch a new model called ES7 next year.

  • Nio offers preferential car purchase benefits to customers in flood-hit Zhengzhou

    Between July 20 and Aug. 31, consumers in Henan province who pay a deposit for an Nio model can enjoy a 3-year interest-free benefit of RMB 300,000 ($46,425) and down payments as low as 15 percent.

  • Nio rumored to start mass production of new model called ES7 in June next year

    Nio will start mass production of a model called ES7 in June 2022, under the previously revealed project codenamed Gemini, mydrivers.com reported Monday.

  • Nio doesn't care about its deliveries being overtaken by Xpeng, Li Auto

    The floods in Germany this year affected the supply of air suspension shock absorbers, thus affecting Nio's production capacity this month.

  • Nio delivered 7,931 vehicles in July, up 124% year-over-year

    Nio delivered 7,931 vehicles in July, up 124.48 percent year-over-year and down about 2 percent from June.

  • Analysts raise Nio price target ahead of July delivery data release

    CMB International raised its price target for Nio by 13.6 percent to $52.6 per ADS, maintaining a buy rating. Nio closed up 4.83 percent to $44.68 on Friday and the price target implies an upside of about 18 percent.