Nio

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

Nio's second-generation battery swap station has completed its validation work and started critical testing before deployment, which is expected to begin in April.

If Nio's LiDAR supplier Innovusion's product quality proves reliable, not only its sedan ET7 will use its LiDAR, but also existing ES8, ES6, and EC6 models will be equipped with its products, 36kr.com said Friday, citing people familiar with the matter.

Local media reported that they discussed the development trend of the electric vehicle industry, charging and battery swap facilities construction, and high-end synthetic materials.

A shipping document posted on Reddit shows that Nio sent a total of 40 tons of cargo to the United States, sparking speculation that the Chinese electric car maker may be setting up a showroom in the country.

Hefei is home to Nio China's headquarters, and Nio's cars are currently produced at a manufacturing base jointly built by the company and JAC Motors.

At a time of fragile market sentiment, investors are anticipating good news from the fourth quarter earnings report.

At press time, Nio was down 10 percent to $45.59. Between February 10 and Monday, Nio accumulated a 19 percent decline.

"As the sales network continues to expand, we expect the new forces' deliveries to remain at a high growth rate," the report said.

Nio said that the overall demand for the 100kWh battery is strong and has exceeded previous expectations, resulting in a short-term shortage of supply. Those who choose the flexible upgrade service will only be able to start booking in April at the earliest.