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 sales to be boosted as it temporarily allows customers to buy cars with 0 down payment

    The last time Nio launched a 0 down payment purchase plan was in early September 2019, when the company was facing operational pressure.

  • Daiwa Securities gives Nio $100 price target, says it has innovative business model

    Daiwa Securities reiterated its Buy rating on Nio in a recent report with a $100 price target, implying a 73% upside from the company's Wednesday closing price of $57.71.

  • Nio EC6 scores high in China's most watched crash test

    The Nio EC6, a vehicle that started to be delivered only a few months ago, is gradually increasing in sales. As for how safe it is, the latest crash test gives the answer.

  • Teslaquila? Nio is much more serious than Tesla in liquor business

    But after creating a momentary stir, Teslaquila seems to have faded away. Now Nio, one of Tesla's main competitors in China, has also launched its own brand of liquor, and seems more determined.

  • Tesla's price-cutting strategy doesn't fit Nio, says William Li

    Every company has a different position and path, and what Tesla is doing may not be right for Nio, according to William Li, founder, chairman and CEO of the Chinese electric car company.

  • Nio's second plant enters construction bidding phase

    Construction of Nio's second plant has entered the construction bidding stage, a month after a tender notice for clearing the land for the plant was issued.

  • Jefferies initiates coverage on Nio with Hold rating and $60 price target

    Jefferies called Nio "China's icon for luxury BEVs," saying investors' expectations are high given the company's new model and better introduction during Nio Day earlier this month.

  • Nio announces closing of convertible notes offering, raising amount to $1.5 billion

    The amount was raised because of the exercise in full by the initial purchasers in their option to purchase up to an additional $100 million in the 2026 notes and $100 million in the 2027 notes.

  • Nio has most patents among US-listed Chinese EV trio

    BYD is the Chinese new energy vehicle company with the most valid patents, and Nio is the most of the three US-listed Chinese EV makers - Nio, Li Auto and Xpeng Motors, according to a recent report.

  • Full speech of Nio president: 2nd-gen battery swap station, plan to enter overseas, BaaS and NAD

    Qin mentioned the construction schedule of the second-generation battery swap station, the plan to enter overseas markets, and the development of NAD (Nio Autonomous Driving).