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's potential chip spin-off aims to pave way for supplying other automakers, report says

    Nio will take orders from other automakers after spinning off its chip business, according to a local media report.

  • Nio Onvo L90's single-motor model has up to 605 km range, filing shows

    The L90 single-motor version has battery packs with capacities of 60.6 kWh and 85.1 kWh, with a CLTC range of 425-605 km.

  • Nio Onvo L80 spotted in road tests, launch set for Q4

    L80 is a large five-seat SUV targeting the family car market.

  • Nio in talks to bring in strategic investors for chip unit, report says

    Nio plans to cede a small stake to strategic investors and will retain control over its chip project, according to local media.

  • Nio partners with distributors to expand into more European countries

    Nio has announced its entry into four new markets: Portugal, Greece, Cyprus, and Bulgaria. Additionally, it will transition to a distributor-based sales model in Denmark.

  • China EV insurance registrations for week ending Jun 15: Nio 3,060, Tesla 15,500, Xiaomi 5,600

    Nio Inc, including the Nio, Onvo, and Firefly brands, saw 4,730 insurance registrations in China last week, a 9.24 percent increase from the previous week.

  • Nio signs new distributor deal to enter 3 more European markets

    Nio has signed a distributor deal with Greek company Motodynamics to sell Nio and Firefly brand vehicles in Greece, Cyprus, and Bulgaria.

  • Nio welcomes new exec who could help improve its financial situation, report says

    Bagrin Angelov, who served as head of cross-border M&A at CICC for the past 10 years, has joined Nio as vice president of capital markets.

  • Nio, Xpeng, Li Auto join major automakers in pledging to pay suppliers within 60 days

    Nio said that it will continue to adhere to payment terms of 60 days or less, collaborating with partners to promote high-quality development of China's automotive industry.

  • Nio Firefly kicks off 15-day European road test to prepare for market entry

    Two Firefly product managers have set off from Berlin, Germany, and will travel through seven countries: Germany, Denmark, the Netherlands, France, Spain, Italy, and Austria.