Nio

For any company, having a long-term vision is the foundation if it wants to build a long-lasting business. Judging from the recent words of Nio executives, we seem to see this in the electric vehicle company.

Nio has started the development of a new model in Hefei, where its China headquarters is based, positioned below its existing SUVs and sedan, 36kr said Wednesday, citing industry sources.

After months of speculation, Chinese electric car company Nio has finally confirmed its first stop into overseas markets - Norway.

After Tesla and Xpeng Motors, Nio may also start using the lower-cost lithium iron phosphate batteries.

After the opening of the first second-generation battery swap station in Hefei, Nio is about to have a busy day.

New energy vehicle companies, including Nio, using the battery swap model have received new policy support.

In Shanghai, where Tesla's China factory is located, Nio saw its 20,000th vehicle delivery in the city on Tuesday.

Nio president Qin Lihong said Nio's services and car culture are what sets it apart from other carmakers.

Nio President Qin Lihong said that people should not simply understand XPT as a factory of Nio, but it is actually an independent company.

After Nio's president informally denied any involvement in the recent Tesla drama, the company issued a formal statement to further clarify.