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 pulls out of JV with Changan Automobile

    Nio has exited from the joint venture it created two years ago with Changan Automobile, the latter's semi-annual report for 2020 released August 31 showed.

  • Nio boosts share sale by 18% amid EV stock frenzy, raising $1.7 billion

    Chinese EV maker Nio boosted its additional share issuance by 18 percent as investors rush to buy stocks by electric vehicle makers including Tesla, Xpeng Motors and Li Auto.

  • Nio starts selling 20kW fast chargers, charging time expected to be reduced by two-thirds

    Chinese EV maker Nio today announced the availability of its 20kW home charging pile, which is comparable to a small "fast charger" that can greatly reduce cars owners' charging time at home.

  • Nio, Li Auto, Xpeng -- Who could be the next Tesla?

    Chinese EV maker Xpeng Motors went public on August 27 on the New York Stock Exchange (NYSE), with an offering price of $15. It went up 41% on the first day of trading to reach a market capitalization of approximately $14.96 billion.

  • Nio offers 75 million additional ADS shares, stock plunges 9% after market

    Chinese EV maker Nio announced Thursday to additionally offer 75 million American depositary shares (ADS), each representing one Class A ordinary share.

  • Nio, Li Auto shares surge as Wall Street banks turn bullish

    LI Auto and Nio also experienced significant share price gains on Wednesday as Wall Street continues to upgrade their ratings.

  • Chinese investment bank CICC raises its Nio target price again, as it sees three benefits of BaaS

    Nio recently launched its BaaS (Battery as a Service) battery rental service. Chinese investment bank CICC believes that this will improve the company's gross margin, thus injecting new momentum into its car sales and performance improvement.

  • Nio stock soared 19%, what happened?

    The ADR shares of Chinese electric car company Nio soared to an all-time high on Tuesday as more and more skeptics turned into its believers.

  • Nio shares surge 19% as UBS raises its rating from 'sell' to 'neutral'

    UBS raised its rating for Chinese EV maker Nio from "sell" to "neutral", bumping its price target from $1.00 to $16.30 which represents a jump of 1,530%.

  • Is Nio's battery swap mode commercially viable?

    On August 20, Nio officially launched its Battery as a Service (BaaS), which provides a new way to purchase a vehicle with a separate body and battery, allowing users to purchase a Nio without purchasing a battery pack.