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 swap stations in Shanghai close to profitability, CEO says

    Nio now has 183 battery swap stations in Shanghai, providing more than 9,000 services per day.

  • Nio offers up to $140,000 in rewards for tips on malicious online attacks

    Nio starts offering rewards of between RMB 10,000 and RMB 1 million ($140,000) for tips on malicious online attacks.

  • Nio to launch new models or facelifts every quarter from Q2 onwards, CEO says

    Some of the facelifted models are expected to be revealed in a regulatory catalog next week, and will feature horizontal center screens and Nio's own Shenji autonomous driving chip.

  • Nio sees record 136,720 single-day battery swaps during Chinese New Year break

    Between January 22 and February 5, there were 12 days with more than 100,000 single-day battery swap services.

  • China EV insurance registrations for 2 weeks ending Feb 2: Nio 3,300, Onvo 2,480, Tesla 13,400, BYD 68,100

    Xpeng was at 11,100 units, Li Auto 11,000, Xiaomi 8,500, Zeekr 4,500, Leapmotor 9,500 and Aito 7,700.

  • Nio Onvo ramps up promotions in renewed price war

    Onvo continues to offer a zero down payment, three-year interest-free financing program and additionally began offering option discounts.

  • Nio adds 111 swap stations in China in Jan, average daily services reach 95,160

    Nio now has 3,106 battery swap stations in China, of which 964 are located along highways.

  • Nio delivers 13,863 cars in Jan, down 55% from Dec while up 38% year-on-year

    The Nio main brand delivered 7,951 vehicles in January, while the Onvo brand delivered 5,912 units.

  • Nio ramps up car purchase incentives, launches 5-year 0-interest financing

    Nio has joined Tesla in starting a five-year zero-interest interest financing program and has increased its offerings of free battery swap services.

  • Nio Onvo sees over 5,000 battery swap services in single day

    Earlier this week, Nio surpassed 100,000 battery swap services in a single day.