Nio

Nio's third factory will officially start production in September, and some production lines will operate on a double shift basis as needed.

Nio experienced an operating cash outflow in the first quarter, with current liabilities exceeding current assets.

In 2025 and 2026, Nio will launch its cars in Austria, Belgium, the Czech Republic, Hungary, Luxembourg, Poland, and Romania.

In its May update on four models, Nio's new strategy avoided additional costs caused by material waste, according to a local media report.

The Nio main brand delivered 13,270 cars in May, Onvo 6,281, and Firefly 3,680.

Li's remarks imply that Onvo delivered at least 6,160 vehicles in May.

This is the first official mention of the ES9.

Nio said NWM -- first available to 400,000 NT 2.0 vehicles -- brings a "comprehensive upgrade" to smart driving capabilities.

Nio and Zeekr have reached an agreement to share charging facilities, marking a rare collaboration between two direct competitors.

Nio Inc's deliveries in May are expected to be up 31 percent year-on-year and up 13 percent sequentially.