Nio

What the four investors involved in investing in Nio battery asset firm might be thinking about

On August 20, with the official launch of Nio BaaS (Battery as a Service) rental service, Wuhan Weineng Battery Asset Co.

Nio plans to go global starting in H2 2021

Chinese electric car maker Nio's Founder and Chairman Li Bin said Thursday the company plans to venture into other markets starting in the second half of next year.

BaaS: What has changed with Nio's battery rental service?

Nio launched its long-awaited BaaS (Battery as a Service) on August 20, and the centerpiece of the launch was the two special "car invoices". For the first time, a Nio ES6 customer completed the purchase process of "buying a car without a battery".

Nio launches BaaS battery rental service, brings car prices down by about $10,000

Chinese electric vehicle (EV) maker Nio today announced its BaaS (Battery as a Service) battery rental service, which eliminates the need for buying the battery for all Nio models and reduces the price of a car by at least RMB 70,000 yuan (about $10,000).

Nio sets up battery asset company, CATL has taken a stake

The Nio-led battery asset management company, Wuhan Weineng Battery Asset Co. has been established on August 18, according to data provider Qichacha.

What is the difference between Nio, Li Auto and Xpeng? Financials tell everything

With Nio, Li Auto already publicly traded in the US, and Xpeng set to go public in the US this month, there's a direct and measurable differentiation between these three Chinese EV companies based on their first half of 2020 performance.

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.
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