Nio

Nio says report of $3 billion fundraising plan false

Nio released a statement formally responding to the report, saying it has no reportable capital-raising activity at this time other than the convertible note offering that closed today.

Nio mulling raising $3 billion from investors, report says

Nio is considering raising about $3 billion from investors and has approached investors from the Middle East, according to Bloomberg.

Nio closes $1 billion convertible notes offering

Shortly after the notes were priced, Nio purchased about $256 million aggregate principal amount of convertible senior notes due 2026 and about $244 million of convertible senior notes due 2027.

Nio to continue incentives at highway swap stations for upcoming long holidays despite reduced benefits

Nio will waive service fees for car owners using its swap stations along highways during the upcoming National Day holiday, rather than waiving both service and electricity fees as it had previously done.

Nio president says rumored European sales figures inaccurate, far below actual results

Nio president said media reports that the company sold 832 units in Europe in the first half of the year are inaccurate, and that the real results were three to four times that number.

Nio to extend NOP+ coverage to urban areas, targets 60,000 km available by Q4

Nio aims to boost NOP+ coverage to 200,000 kilometers of urban roads by the first quarter of 2024.

Nio brings in App Store for its vehicles, 1st available apps over 40

The App Store for Nio's vehicle cockpits will go live in the next few days, with more than 40 apps that have already been adapted to be available this month.

Nio unveils SkyOS operating system for its EVs

SkyOS is Nio's full-featured operating system, gradually realizing more functionality from the NT 1.0 platform to NT 2.0. The NT 3.0 platform will see the full-featured SkyOS.

Nio unveils 1st in-house developed chip, mass production to begin in Oct

The Yangjian chip will allow Nio to save about $100 per vehicle and recover its development costs in about a year, William Li said.

Nio launches 1st smartphone: Starts at $890, connects seamlessly with vehicle cockpit

The Nio Phone is a phone built around Nio's vehicles, offering an interaction with the vehicle that no other device can offer. The phone will begin shipping on September 28.
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