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
  • Why do Chinese EV companies making Norway their first stop in overseas markets?

    Norway, with a land area of less than 400,000 square kilometers, is becoming a new battleground for Chinese EV companies.

  • Changan Nio changes name to new one without 'Nio'

    Changan Nio has changed to a new name that no longer carries the word "Nio," marking the end of the legacy carmaker's efforts to explore joint ventures with new carmakers.

  • China gives battery swap new policy boost, with more pilot projects expected in H2

    China will start a nationwide pilot program for the application of the battery swap model in the second half of the year, with cities being asked to complete work plans by the end of May.

  • Chinese city Chongqing to subsidize up to $78,000 for each battery swap station

    If Nio is able to take advantage of this subsidy from Chongqing, its battery swap station construction costs in the city will be significantly reduced.

  • Nio signs long-term strategic co-op deal with China's leading tourism group

    The two sides plan to cooperate in charging, battery swap facility construction, and charging resource sharing to create a charging experience that is "more convenient than refueling", according to Nio.

  • Nio's first ET7 from Validation Build rolls off line

    Nio's first ET7 sedan from Validation Build has rolled off the production line on May 13, marking another step closer to mass production of the model.

  • Hillhouse Capital re-bought Nio, Xpeng in Q1 after liquidating positions at end of last year

    Hillhouse Capital is losing money on its investments in both Nio and Xpeng, and Xpeng in particular is causing more serious losses for it.

  • Nio says users have communicated with NOMI virtual assistant over 200 million times

    Every day at 6 p.m. is the moment when Nio users interact most frequently with NOMI, with the most common commands users use being playing music, navigating, and making phone calls.

  • Nio's lifestyle brand opens flagship store on Alibaba's Tmall

    Many people know Nio as an electric car company targeting the high-end market, but few know that the company also has big ambitions in lifestyle products.

  • Nio in April 2021: Fresh sales record, new major partnership

    Nio is actively reinforcing its business through infrastructure-related collaborations.