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
  • Elon Musk congratulates Nio on reaching 'tough milestone' of 100,000th vehicle

    For Tesla CEO Elon Musk, working with his peers to expand the budding market for electric cars seems more important than competition.

  • Nio, Guangdong infrastructure giant sign 6-year agreement to build charging and battery swap facilities

    The first phase will be the construction of five battery swap stations in highway service areas that Dongguan Development manages.

  • Industrial park jointly built by Nio and Hefei to start construction on April 29

    It's a world-class industrial park that involves research and development, manufacturing, lifestyle services, and automotive culture, Li said.

  • Nio's William Li says reaching 500 battery swap stations this year is conservative goal

    Nio also expects to release new initiatives for charging station service facilities, laying the groundwork for rapid growth in its user base, he said.

  • Nio's William Li says second sedan will be launched in the future, more competitive than Tesla Model 3

    After the Nio ET7, Nio will "definitely" launch a second sedan that will be more competitive than the current Tesla Model 3, said William Li.

  • Nio's 100,000th vehicle, an ES8, rolls off production line

    Nio's 100,000th mass-produced vehicle, a blue ES8, rolled off the production line at its manufacturing base in Hefei, Anhui Province on April 7.

  • Nio's William Li says confident that sales in Chinese market will exceed 1 million

    William Li, founder and chairman of Nio, said he is confident that the Chinese electric car maker will become the smart electric car brand with sales exceeding 1 million in China.

  • Nio to showcase ET7 sedan at Shanghai auto show later this month

    Nio is expected not only to let users see the exterior of ET7 at the upcoming Shanghai Auto Show but also to allow users to enter the car to experience the interior details for the first time.

  • Nio's first ET7 production line body rolls off line, paving way for the model's delivery in Q1 next year

    Nio has never disclosed the number of orders for the ET7 but has said several times that it has exceeded expectations with more orders than any previous models.

  • Despite not delivering a single car, Evergrande Auto has overtaken Nio as second most valuable carmaker in China

    At the close of trading on April 1, Evergrande Auto had a total market capitalization of HK$589.5 billion ($75.8 billion), higher than Nio's $62.2 billion, which is listed in the United States.