Nio

Nio CEO says accelerating development of next-gen battery swap station

Nio is accelerating the development of a new generation of battery swap station, the Chinese EV maker's CEO Li Bin said in a media interview on Friday without giving details.

Nio announces price of EC6 starts at 368,000 yuan before subsidies

Nio said today that the Nio EC6 starts at 368,000 yuan ($52,500) before subsidies and deliveries are expected to begin in the second half of September.

Nio offers Nio EC6 customers the opportunity to dine with its founder

Nio said today that customers who pay a deposit for the Nio EC6 between July 24 and August 24 will receive a gift box containing random gifts.

Nio reportedly to set up battery asset management company in August, expected to get investment from CATL

Chinese EV maker Nio is planning to set up a battery asset management company to push for the separation of the car from the battery and launch a BaaS (Battery as a Service) offering on top of that, 36Kr reported, citing sources with knowledge of the matter.

Nio announces EC6 will be available on July 24

Nio today announced that the Nio EC6, an electric coupe SUV, will go on sale on July 24 at the 2020 Chengdu Auto Show, where prices will be announced and options will be open.

Chinese investment bank CICC upgrades Nio shares to outperform

Chinese investment bank CICC upgraded Nio to outperform in a note published on July 21. The bank gave Nio a price target of $13.50, 5.3 percent higher than Nio's closing price on Monday.

Nio's 50,000th car rolls off assembly line at Hefei manufacturing facility

On July 18, the 50,000th Nio vehicle rolled off the assembly line at the Hefei manufacturing facility, 783 days since the first Nio mass-produced vehicle rolled off the line on May 27, 2018.

Nio says users have logged more than 800 million kilometers

Nio announced yesterday that customers have accumulated more than 800 million kilometers, adding that the data aggregated by ES6 and ES8 owners help Nio to improve automated driving assistance, after-sales service, battery exchange station network construction.

Nio shares plunge after Goldman downgrades to sell over valuation concerns

Shares of U.S.-listed Chinese EV maker Nio went down by more than 11 percent in early market trading after Goldman Sachs turned bearish on the company.

Nio, Tesla racing to open stores in China's lower-tier cities

On June 27, Nio opened a Nio Space at Deyang Wanda Plaza, which is Nio's 127th offline store.
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