Nio
Most Nio models see shorter wait times, half at 2-3 weeks
Four lower-priced models of Nio now see wait times of 2-3 weeks, with the flagship SUV ES8 also shortened from 5-6 weeks to 4-5 weeks.
Nio delivers 15,641 vehicles in Sept, down 19% from Aug
Nio delivered a record 55,432 vehicles in the third quarter, slightly above the lower end of its previously provided guidance range of 55,000 to 57,000 vehicles.
Nio adds 26 showrooms and 155 swap stations in Sept
As of September 30, Nio had 137 Nio Houses, 304 Nio Spaces, and 1,955 battery swap stations worldwide.
Nio exceeds 1,900 swap stations in China, sets new single-day service record
Nio averaged 40 services per battery swap station on September 28, and stations along highways averaged 30.4 services per station.
Nio has held exploratory talks with Mercedes for tie-up, report says
Nio has held exploratory talks with Mercedes-Benz about a partnership that would see the German automaker invest in it in exchange for technology, Reuters reported.
Nio signs strategic cooperation deal with German firm Würth
In Europe, Würth will support the customization of Nio's mobile service vehicles and help Nio develop its sales, after-sales service and energy replenishment network through its integrated stores.
Nio most shorted Chinese ADR in Sept, says Morgan Stanley
New short positions in Chinese ADRs so far this month were the highest monthly short-selling flows in 2023, with Nio being the most shorted, Morgan Stanley said.
All employees hold Nio shares as of year-end 2022, ESG report shows
Nio had 26,763 full-time employees at the end of 2022, including 26,366 in China and 397 overseas.
New report reveals why Nio periodically gets into tricky situations and how it defuses them
Local media outlet 36kr has published an excellent story today that sheds light on why Nio is periodically in trouble and how it defuses its challenges.
China EV insurance registrations for week ending Sept 24: Nio 4,000, Li Auto 9,000, Tesla 13,500
Between September 1 and September 24, Nio was at 13,900 units, Xpeng at 10,400 units, Li Auto at 29,200 units, Tesla at 35,900 units and BYD at 176,200 units.
