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'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.

  • Nio expected to build over 300 2nd-gen battery swap stations this year, supplier says

    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.

  • Nio's existing models may also be equipped with LiDAR if Innovusion's products prove reliable

    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.

  • Nio's William Li visits oil giant Sinopec

    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.