Nio
Goldman Sachs initiates coverage on Nio with Neutral rating
Despite its early-mover advantage, Nio's growth momentum could remain soft on relatively fewer new model launches given its mature product portfolio vs. peers, Goldman Sachs said.
China EV insurance registrations for week ending Dec 31: Nio 5,700, Xpeng 4,800, Li Auto 14,100, Tesla 15,800
In December, 17,700 Nio vehicles were registered for insurance in China, 17,300 for Xpeng and 76,000 for Tesla.
Nio issues repurchase right notice for convertible senior notes due 2026
As of January 2, the notes had an aggregate principal amount of $301,448,000 outstanding.
Half of Nio models have shorter wait times
Waiting times for the ET5, ET5 Touring, EC7, and ES8 all went from 3-4 weeks to 2-3 weeks today.
Nio signs partnership deal with solar panel maker Longi
Nio's fourth-generation battery swap stations will be equipped with 60 square meters of photovoltaic systems, which will save nearly 18,000 kWh of electricity per year per station.
Factbox: Detailed prices of Nio models in 2024
CnEVPost has recorded detailed price information for each Nio model available in January 2024 in this article.
Nio delivers 18,012 cars in Dec, exceeds upper end of guidance for Q4 deliveries
Nio delivered 50,045 vehicles in the fourth quarter, exceeding the upper end of its previous guidance range of 47,000 to 49,000 vehicles.
Nio allows Chinese owners of cars purchased on its BaaS model to buy out battery
Owners of vehicles with purchase invoice dates on or after January 1, 2024 will only be eligible to buy out the battery packs after one year.
Nio releases new battery upgrade rules, new conditions to apply after Jan 1
Customers who buy a Nio vehicle including the battery pack on or after January 1, 2024, will only be able to permanently upgrade the standard-range battery pack to long-range one year later.
Nio's NOP+ completes coverage of 320,000 km urban mileage, exceeding year-end target
In Shanghai, NOP+ is now available on 99 percent of the city's main roads, while the coverage of all urban roads in the city, including main roads and all side roads, reached 78.4 percent.
