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
  • Nio president sees EVs will hardly have unique features in 10 years

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

  • Nio's motor making arm establishes new firm in Anhui with $100 million in registered capital

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

  • Nio denies involvement in Tesla drama in official statement

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

  • Nio president shrugs off allegations that EV maker involved in Tesla drama

    Qin Lihong, co-founder and president of Nio, said that seeing such news was really angry and amusing.

  • Li Auto CEO says Nio ET7 one of the best EVs in Shanghai auto show

    As the founder and CEO of Chinese electric car company Li Auto, Li Xiang doesn't seem to shy away from praising the excellent products of his competitors.

  • CLSA initiates coverage on Nio with Buy rating and $50 price target

    CLSA analyst Soobin Park initiated coverage on Nio with a Buy rating and a $50 price target, implying a 26 percent upside for the stock from Thursday's close of $39.57.

  • Nio said to step up efforts to enter third and fourth-tier cities

    Construction of Nio's new factory in Hefei is expected to start soon, so how will the expanded capacity be absorbed in the future? The electric car company seems to be targeting third- and fourth-tier cities in China.

  • Nio may start construction of new Hefei plant and announce capacity expansion plans next week

    Construction of Hefei's Xinqiao Smart Car Industrial Park will start on April 29, and Nio's new plant will be included, a new report suggested.

  • Meet Nio Power Cloud: The backbone that drives the efficient operation of Nio's energy replenishment system

    Nio revealed for the first time a service system called the Nio Power Cloud, which it says is the foundation for its intelligent energy service system to work efficiently.

  • Nio insists on developing core technology in-house, not relying on partners

    Although it costs more money and is more difficult, the innovation ability accumulated in this way is different from that of midway entrants, Nio CEO said.