Nio
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Analysts say Nio is the leading Chinese EV maker, with advantages becoming apparent
With Nio gaining popularity among investors in the capital markets, more Chinese analysts are joining their Wall Street peers to publish bullish report on the Chinese electric vehicle (EV) maker.
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Nio stock rises above $50 pre-market, to report Q3 results on Nov 17
Boosted by its local peers' better-than-expected earnings report, Chinese electric vehicle (EV) maker Nio (NYSE: NIO) shares surged above $50 in pre-market trading session on Friday, hitting a new all-time high.
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State media praises Nio-led battery swap model in two articles on same day
In its November 13 issue, the Economic Information Daily, a subsidiary of China's state-owned Xinhua News Agency, devoted a rare two-part article to the same topic, praising the Nio-led battery swap model as the trend of the future.
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Why Nio has become BYD's rival
In October, Nio (NYSE: NIO) announced that it had delivered 5,055 of its three models, a new sales high since the company's inception. Unfortunately, all of these cars are powered by the lithium-ion ternary batteries from CATL, China's largest automotive lithium-ion battery maker.
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Bitauto, created by Nio founder, delists from US stock market in $1.1bn deal
Bitauto (NYSE: BITA), the Chinese Internet car service provider founded by Nio (NYSE: NIO) founder William Li Bin, has completed a merger and delisted from the New York Stock Exchange on Friday.
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Nio and Tesla are starting to face each other
"Now that Nio's average unit sales price is about RMB 150,000 higher than Tesla's in China, our customers are not quite the same class of user as Tesla, and there's a significant differentiation in the brand range," Nio founder, chairman and CEO William Li Bin said at the launch of Nio's 100-degree battery pack on November 6.
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Nio ES6 tops pure electric SUV sales in China for 13th straight month in October
The number of Nio models registered for insurance in China went up 94% year-on-year to reach 4,880 in October, with the ES6 and ES8 being the top two pure electric models in the ranking, the latest data showed.
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Behind Chinese brands' efforts to enter high-end market: to become another Nio or Tesla?
According to the data released by Nio, Li Auto and Xpeng at the beginning of November, they delivered a total of 11,781 new cars in October, surpassing the average monthly sales record of China-made Model 3.
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JP Morgan raises Nio price target to $46 from $41
Four weeks ago, JP Morgan sharply raised Nio price target from $14 to $40, representing a 85% upside potential at that time.
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Nio's 159th battery swap station begins operation
Nio today announced the opening of its 159th battery swap station in China in Yueqing, Zhejiang Province.
