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
  • CICC raises Nio price target by 11% to $69

    Nio's established advantages are likely to expand in a non-linear and accelerated manner driven by user growth and autonomous driving, said CICC.

  • CICC raises its forecast for Nio's sales this year by 5% to 98,000 units

    After China's new car makers posted a bright June sales performance, CICC expects their production and sales to remain strong in the second half of the year.

  • Nio trying to drive sales with mystery box, which is popular among young people

    Mystery box or blind box is a popular species among young Chinese consumers in recent years, even creating Pop Mart, a Hong Kong-listed company with a market capitalization of HK$102.3 billion ($13 billion).

  • Nio's largest energy replenishment site in China goes into operation

    Nio's energy replenishment site including a second-generation battery swap station and 50 supercharging piles in Chongqing became fully operational on July 3.

  • Deutsche Bank explains why Nio, Xpeng, Li Auto stocks have rallied sharply and what investors need to watch out for

    The recent sharp rally in Chinese electric vehicle (EV) stocks has many cheering. In a research note released Thursday, Deutsche Bank explains why this is happening and what investors need to watch out for.

  • Nio begins offering users benefits promised by Power North plan

    As of July 1, Nio has completed a total of 11 battery swap stations, 15 supercharging stations and 17 destination charging stations in the eight regions, it said.

  • Nio delivered record 8,083 vehicles in June

    Chinese electric car company Nio delivered a record 8,083 vehicles in June, up 116.1 percent from a year earlier.

  • Nio rumored to have hired Huawei's smart driving president, EV maker denies

    Su previously worked at Huawei's HiSilicon chip unit, where he led the development of Huawei's Da Vinci AI chip architecture, and currently serves as president and chief architect of Huawei's automotive BU smart driving product line.

  • Nio president says no models priced below $46,460 in short term, will announce new one around year-end

    Nio will not launch models priced below RMB 300,000 ($46,460) in the short term, Qin Lihong said, adding that if a low-end product is launched in the future, it will perhaps be sold under a sub-brand.