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
  • China EV insurance registrations for week ending Apr 27: Nio 6,500, Onvo 1,470, Tesla 10,280, BYD 62,200

    The Nio and Onvo brands had combined insurance registrations of 7,970 units in China last week, up 29.17 percent from 6,170 units in the previous week.

  • ZF CEO becomes 1st expat owner of Nio ET9

    Nio's William Li delivered an ET9 to ZF CEO Holger Klein on the first day of the 2025 Shanghai auto show.

  • CATL founder, Xpeng chairman become ET9 owners as Nio wins over more entrepreneurs

    Nio's William Li delivered an ET9 to Robin Zeng, founder, chairman and CEO of CATL.

  • Nio Onvo unveils L90 SUV with extra-large frunk at Shanghai auto show

    The L90, Onvo's flagship SUV, has the largest frunk of any model currently available in China.

  • Nio to unveil 3rd-gen ES8, launch Onvo L80 in Q4

    The third-generation Nio ES8 will be unveiled in the fourth quarter, and Onvo's third model, the L80, will be launched in the fourth quarter, William Li said.

  • Nio Firefly to launch in Europe in Jun-Aug, right-hand drive version ready by Oct

    By the end of this year, Firefly will be in about 20 overseas markets, Nio president said.

  • Nio Firefly won't have dedicated swap stations in strategy shift

    Firefly vehicles will be connected to Nio's next-generation battery swap stations, instead of Nio's original plan to have dedicated demonstration stations in the initial phase.

  • Nio targets Firefly to contribute 10% of sales

    Nio management said orders for Firefly were in line with expectations, and as before avoided talking about specific numbers.

  • Nio Firefly officially launches 1st model, starts at $16,410 in China

    Deliveries of Firefly cars will begin on April 29, with a BaaS battery rental purchase option available on August 1.

  • Nio Firefly uses Horizon Robotics' chips to power its driver assist system

    Firefly represents the first model to come out of the partnership between Horizon Robotics and Nio.