Nio

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.

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.
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