Nio

The first owner of the ET9 is Fang Hongbo, chairman of Chinese home appliance giant Midea, and his car was delivered personally by Nio's William Li.

Nio priced its new share offering at HK$29.46 per share, a 9.49 percent discount to Thursday's closing price in Hong Kong, for a total offering amount of HK$4.03 billion.

Nio plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.

Nio has teamed up with Future Science City Group in Beijing to jointly build 100 battery swap stations.

Nio brand will launch a highly anticipated model in the fourth quarter, and Onvo will also begin deliveries a new model in the fourth quarter, which may be called the L80.

The Firefly project was set up with a view to the global markets, not just a single market, Firefly president said.

This post provides live updates on the key takeaways from Nio's fourth-quarter 2024 earnings call.

Nio's net loss in the fourth quarter was a record RMB 7.11 billion yuan, an increase of 40.6 percent from the third quarter, as SG&A expenses hit a record high.

CATL will increase its bet on Mirattery, in addition to advancing its investment in Nio Power, according to local media.

Nio will allow pioneer users to start testing the Nio World Model (NWM) in early April, as Tesla's FSD enters China and local peers have launched end-to-end solutions.