Nio

Qin said that the current factor that may limit the further popularity of EVs is the construction of public infrastructure.

If Nio enters overseas markets, its first stop could be Norway, the first country in the world where electric vehicles account for more than 50% of new car sales.

This feature provides the possibility for Nio to bring the battery swap model to developed markets in Europe and the United States, he said.

Nio, Li Auto, and Xpeng are building autonomous driving R&D systems, rather than leaving their fate in the hands of Mobileye.

The Nio ET7 is equipped with the most powerful self-driving hardware available, with four Nvidia Orin chips and 1016 TOPS of computing power, making it a mobile computing center, according to analysts.

Apple manufacturer Foxconn has appointed Jack Cheng, former co-founder and executive vice president of Nio, as chief executive officer of its electric vehicle platform, according to jin10.com.

The initial conversion rate of the 2026 notes is 10.7458 ADSs per US$1,000 principal amount, which is equivalent to an initial conversion price of approximately US$93.06 per ADS and represents a conversion premium of approximately 50.0% above the closing price of its ADSs on January 12.

Nio may build a new plant in Hefei, next to the existing JAC Nio plant, according to a recent government document.

"All-solid-state batteries are nowhere near commercialization, and it's still difficult to even do a demo right now."

It is a mystery who the supplier of the solid-state battery for Nio's first sedan ET7 is.