Nio

It is not clear how many orders the agreement will bring to Nio, but its potential cannot be ignored.

Nio Life, Nio's lifestyle brand, recently signed with former LV art director Vincent du Sartel and former Cartier jewelry designer Thomas. V in Paris, France, and plans to collaborate with them to launch the Blue Sky Lab eco-friendly suitcase collection and the first jewelry products.

Nio is the second-largest passenger car customer of CATL, China's largest power battery supplier, after Tesla

A new Nio battery swap station went into operation on July 26, bringing the total to 321. The facility is located in Changsha, Hunan Province.

Nio has user loyalty that is hard to match by any carmaker in China, and referral purchases are an important source of its sales. So how did Nio reach this achievement?

Nio put three new battery swap stations into operation Sunday, bringing the total number of the facility in China to 320.

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.