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
  • Deutsche Bank reiterates 'Buy' rating on Nio with $50 price target

    After the announcement of an additional ADS offering, Nio shares have been trading lower for the past two days in a row. But in Deutsche Bank's view, this is not something to fear.

  • Chinese display giant BOE shows off its innovations at Nio

    BOE did not specify whether all of these technologies are used in Nio's cockpit but mentioned that it and Nio have continued to work together in recent years to create an interactive, warm, and user-friendly intelligent cockpit.

  • Nio shares fall 6% pre-market after pricing additional ADS offering at $39

    Shares of Chinese EV maker Nio fell 6 percent to $39.46 in pre-market trading after pricing its additional ADS offering at a discount of about 7 percent to Friday's close.

  • Nio signs agreement with State Grid subsidiary to build 100 charging and battery swap stations by 2021

    They will strive to achieve at least 100 million kWh of clean electricity for new energy vehicle users in 2021, and promote the low carbonization of the whole life cycle of new energy vehicles.

  • On the way to catch up with Tesla, where did Nio, Li Auto and Xpeng spend their money?

    The amount of money they are spending on capital expenditures speaks for itself and is a sign of confidence and ambition.

  • This is why Nio chose to issue additional ADSs

    Nio said it will make the choice that is best for the company's long-term growth based on changes in the market in order to safeguard its long-term competitive advantage.

  • Nio is closer to entering overseas markets

    Zhang Hui, general manager of Nio Germany, recently met with a Chinese diplomat in the European country and introduced Nio's overseas development plans.

  • Nio explains its improved OTA capability brought by Nio OS 2.8.0

    With the launch of Nio OS 2.8.0, the OTA capability of all Nio models has also been enhanced including both FOTA and SOTA.

  • Nio sees 5,205 insurance registrations in November, surpassing BMW and Audi's combined NEV sales in China

    With 5,205 insurance registrations in November, Nio is significantly ahead of the three major German luxury brands in China's high-end new energy passenger car market, surpassing the combined new energy vehicle sales of BMW and Audi, and ranking second only to Tesla.

  • Nio plans to issue 60 million additional ADSs, stock down nearly 5% after hours

    Chinese EV maker Nio today announced plans to offer 60 million American depositary shares (ADSs), each representing one Class A ordinary share of the company.