Nio

The new scheme makes billing more dependent on the amount of power added, which may help promote the use of the battery swap service compared to the previous fixed service fee plus a power charge.

The L60 launch event will begin at 7:30 pm Beijing tme (7:30 am US Eastern time) on September 19 and will be streamed live online on Onvo's social media channels.

While we await Tesla to very gently update the Model Y, Nio has put everything it can into the Onvo L60, while keeping the price reasonable.

Jiyue CEO said the EV maker has entered into a strategic partnership with Nio on battery swap and will soon officially become part of Nio's battery swap alliance.

Li Auto had 10,700 insurance registrations last week, Xpeng 3,600, Zeekr 4,600, Leapmotor 6,300 and Aito 7,700.

Nio and Chery have entered into a partnership that opens up Nio Power's charging network to brands including Chery, Exceed and Jetour.

Nio said it has donated compensation it received in several lawsuits over false rumors to the relief efforts for Super Typhoon Yagi.

Nio surged in early hours of Hong Kong trading today, as trading resumed in the city's stock market after being suspended due to a typhoon on Friday.

Deutsche Bank expects the Nio main brand to launch four new products and sub-brand Onvo to launch two new products in 2025.

Nio is aiming to deliver 220,000 vehicles in 2024, including 200,000 under the Nio main brand and 20,000 under its sub-brand Onvo, its president said.