Nio
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Nio says it will not seek higher gross margins for pricing in Norway
"Nio's gross margin in Norway will be basically the same as in China, which is a basic principle," William Li said.
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Nio's William Li says competition is endless game, no day for EV maker to relax
"Whether or not Nio qualifies for the final round, we don't know yet, but some conclusions will start to emerge by about 2024," he said.
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Nio expects to enter 5 European countries next year
Li said he had learned that many fans in Japan and South Korea wanted Nio to enter the regions, but the company had no team there before, and the team previously established in Europe and the United States made it easier to enter those markets.
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Nio officially announces entry into Norway, ES8 to be first export model
Rumors that have been going on for nearly a year have finally come true, as Chinese electric car company Nio has officially announced that it will enter overseas markets, with Norway as its first stop.
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Nio's hiring of blockchain expert could herald innovations in user rights
Nio has always touted itself as a user-centric company, so it would make sense to innovate on user rights, and blockchain technology provides a good direction.
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Founder of Nio's battery supplier CATL becomes Hong Kong's richest man, overtaking Li Ka-shing
In the first half of 2020, Nio became CATL's largest customer as its shipments continued to rise.
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Nio plans to start delivering vehicles in Norway in September
Nio will start delivering vehicles in Norway this September, with the first model being the new ES8. Nio's flagship electric sedan, the ET7, will arrive in Norway next year.
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Deutsche Bank raises gross margin estimates for Nio, reiterates Buy rating
Deutsche Bank analyst Edison Yu's team raises Nio's gross margin forecast by 250bps to 20.3 percent, leading to a higher EPS estimate.
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Nio builds joint lab with one of China's best universities
USTC's research strength in China is almost comparable to that of Tsinghua University and Peking University. The university is located in Hefei, Anhui Province, which is also home to Nio China's headquarters and the JAC Nio facility.
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Nio delivers 7,102 vehicles in April, down 2% from March
Nio delivered 7,102 vehicles in April, down 2 percent from March, as chip shortages put constraints on its production capacity. The figure was up 125.1 percent from a year ago.
