Nio

+ Follow
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 third car, EC6, arrives in stores in 10 Chinese cities to take on the upcoming Model Y

    Nio today announced that the Nio EC6 has been shipped to Nio Centers in 10 cities across China this month, and interested consumers can visit these locations to find more about this new vehicle.

  • Nio affiliate sees changes in shareholders

    The shareholders of Nio (Anhui) Holdings Ltd. have changed, with Anhui High-tech Industry Investment Co., Ltd. withdrawing and Anhui Sanzhong Yichuang Industrial Development Fund Co., Ltd. becoming a new shareholder, taking over a 2.756 percent stake in Nio (Anhui), according to the National Enterprise Credit Information System.

  • Nio-led battery swap model is about to get policy boosts in China

    The Nio-led battery swap model is about to get policy boosts as the Shanghai Securities News reported that the Ministry of Industry and Information Technology (MIIT) is encouraging companies to develop battery swap model based on usage scenarios.

  • Nio shares up by more than 7% as Deutsche initiates coverage with buy rating

    The shares of Chinese EV maker Nio went up by more than 7 percent to $18.30 in early trading on Wednesday after getting a bull rating from Deutsche Bank.

  • Nio's William Li says Tesla is not 'insurmountable'

    Tesla is a great car company, but it's not as “insurmountable” as it seems as Nio chases after it, Nio founder William Li Bin said in a September 8 video program.

  • Is it wise for Nio to enter the European market?

    Nio recently raised $1.7 billion in capital markets. In addition to buying back a portion of Nio China stake, the funds raised will be used for high-level driverless systems and overseas market expansion.

  • Nio CEO William Li says its charging stations are profitable

    Nio founder and CEO William Li Bin said recently that Nio's home charging stations and 700 superchargers nationwide are currently profitable, adding that the company will deploy the second-generation battery swap stations next year.

  • Deutsche initiates coverage on Nio with buy rating and $24 price target

    Deutsche Bank has initiated coverage on Chinese automaker Nio with a Buy rating and $24 price target, representing a 33 percent upside potential from Friday's close.

  • Central China's Hefei city to partner with Nio to promote construction of battery swap facilities

    The city of Hefei in Central China's Anhui province plans to build battery swap facilities in partnership with Nio, and plans to add 40 new battery swap facilities in 2020 and 2021, according to local media Anhui News.

  • Analysts say Nio sales to improve further, EC6 performance highly anticipated

    In their latest report, GF Securities analysts expect Nio sales to improve further with the new EC6 model's performance highly anticipated.