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Nio's William Li says they'll overtake Tesla one day

Nio founder William Li Bin was recently asked in an interview with Chinese media that he had mentioned in 2018 that it was not difficult for Nio to overtake Tesla, what's his new take on it now?

Nio to raise its stake in Nio China to 86.5% from 84.5%

Nio said today that it will sign an agreement worth $600 million to subscribe for additional registered capital in Nio (Anhui) Holdings Limited.

Nio, Li Auto, and Xpeng, why Chinese EV startups are choosing to go public in US?

After Nio, Chinese electric car startups Li Auto and Xpeng both went public in the US this year. Why did they all choose to go public in the US and not in Hong Kong or Chinese mainland?

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    Nio will build 30,000 destination charging stations, what does that mean?

    Nio on Saturday announced its Power Up Plan, which aims to deploy more than 30,000 destination DC charging stations in China with a total subsidy of 100 million yuan.

    Nio unveils new Power Up Plan with RMB 100 million subsidy for deployment of 30,000 chargers

    Chinese luxury carmaker Nio today announced its new Power Up Plan along with a commitment of RMB 100 million subsidy for the deployment of a total of 30,000 destination DC chargers.

    Nio unveils NOP driver assistance feature at Beijing auto show, push expected in October

    Chinese premium electric car maker Nio today announced the upgrade of its operating system to Nio OS 2.7.0, releasing the much-anticipated Navigate on Pilot (NOP) which automatically guides the car following the navigation route on ring roads and highways.

    Deliveries of Nio's third model, the EC6, begin in Beijing

    Deliveries of the Nio EC6, the Chinese luxury EV maker Nio's third model, have started in Beijing with the first batch of 10 units.

    Nio president says its motor business XPT will grow independently, first external order may come from West

    In late July, Nio founder William Li Bin said during the Chengdu Auto Show that the single-motor option for electric cars was a bad idea, and that Nio would never make a car with only one motor, pointing the finger at peers like Tesla, which had adopted the single-motor model to save costs.

    Nio says users have accumulated more than 1 billion kilometers

    Chinese EV maker Nio said today that Nio users have accumulated more than 1 billion kilometers, saving about 500 million yuan in energy costs compared to fuel vehicles.

    Nio president says 5G will definitely revolutionize autopilot

    Communication is the new and necessary infrastructure to enable smart driving, said Qin Lihong, co-founder and president of Nio, adding that the move from 4G to 5G is a huge step forward and will certainly bring a revolutionary change in automated driving.
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