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 exec pushes back on Tesla VP's view on battery swap

    A Tesla China executive's suggestion that charging is the best way to replenish energy and that battery swap, a model central to Nio, will be replaced has sparked an unhappy response from the latter.

  • This is why Nio is forming a joint venture with JAC

    JAC announced Thursday that it will form a joint venture with Nio Holdings Ltd., sparking speculation that the latter is going into the mass market. But that may not actually be the case.

  • Nio, JAC to establish joint venture with Nio holding 49% of shares

    The company plans to have a registered capital of 500 million yuan ($77 million ), with JAC contributing 51 percent and Nio 49 percent.

  • Nio's first 2nd-gen battery swap station may open in Beijing on April 15

    Some customers and Nio staff have already worked together to experience the battery swap process, which takes 2-3 minutes.

  • CICC maintains $85 price target for Nio, says sales expected to remain high in 2021

    CICC said it expects Nio to sell 93,000 units in 2021 and is bullish on the company's medium- to long-term volume growth.

  • Deutsche Bank reiterates $70 price target on Nio, says recent stock weakness buying opportunity

    The team raised its full-year sales estimate for Nio by 6,000 units to 96,000 units.

  • Nio delivers 5,578 vehicles in February, down 22.8% from January

    It's worth noting that January through February is traditionally a slow period in the Chinese auto market, and the Chinese New Year holiday during this period can make deliveries volatile.

  • Nio earnings call: Creating new brand to enter mass market is a possibility

    Chinese electric vehicle maker Nio reported unaudited financial results for the fourth quarter and full-year of 2020. The company’s executives held a conference call after that. Here is what they said.

  • Nio Q4 revenue in line with expectations, adjusted loss per ADS higher than expected

    Chinese electric vehicle maker Nio reported revenue of RMB 6.64 billion in the fourth quarter of 2020, in line with analysts' expectations of RMB 6.64 billion, and up 46.7 percent from the third quarter of 2020.

  • Nio to enter Europe in H2 this year

    After entering Europe, Nio plans to start selling in other international markets in 2022.