Nio

Nio has added 62 battery swap stations in China so far this month, and aims to add about 200 in total this month.

Jin joined Nio in January 2022 after more than 10 years at SAIC-GM.

Nio reached its 60 millionth battery swap service today, about four months after its 50 millionth service.

The first model from the Nio battery swap alliance is doing winter testing, and the Firefly sub-brand will start selling in Europe next year.

Sequential decreases in deliveries of Nio's main-selling models weighed on its performance in November.

Onvo had 1,430 insurance registrations last week, Li Auto 12,600, Xpeng 7,000, Zeekr 5,400, Leapmotor 8,500 and Aito 6,000.

Steer-by-wire makes the steering system 2.2 times more reliable than a traditional solution, filters out vibrations from the road, and helps enable a higher level of intelligent driving.

Nio ET9's steer-by-wire (SBW) technology received mass production clearance today, making it the first mass-produced model in China to feature SBW technology.

The two will work together to promote the R&D of new power battery technologies and talent development, according to an announcement.

Nio will launch its Banyan 3.1.0 system in January, for the first time to bring smart driving capabilities that incorporate end-to-end AI models, according to local media.