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 reportedly to roll out driver assist system based on end-to-end tech in Jan

    Nio will launch its Banyan 3.1.0 system in January, for the first time to bring smart driving capabilities that incorporate end-to-end AI models, according to local media.

  • Nio signs strategic partnership with Mastercard

    Nio said it and Mastercard will work together to provide more value-added services to users worldwide, helping the company expand and grow its business in global markets.

  • Nio's new swap station plant in Wuhan to reach capacity of 1,500 in 2025

    Nio Power's battery swap station plant in Wuhan, Hubei province, saw its 100th battery swap station roll off the assembly line today, entering the scale-up phase of production.

  • Nio scores win in Australia in dispute with Audi over 'ES' trademarks

    Audi's opposition has been rejected and Nio has been allowed to move forward with the registration of the ES series of trademarks in Australia.

  • Nio adds 120 swap stations in China in Nov, offers 2.32 million battery swaps

    In November, 27,121 Nio users used the battery swap service for the first time.

  • Nio expects Onvo sub-brand to sell around 240,000 units in 2025, report says

    Nio expects the Onvo sub-brand to sell around 240,000 units for the full year in 2025, with the Firefly sub-brand selling around 5,000 units per month, according to local media.

  • Nio ET7, EC7, ES8 see slightly longer wait times

    Delivery wait times for the ET7, EC7, and ES8 have changed from 2-3 weeks to 3-4 weeks, the first time in the past five months that the Nio brand has seen such a change.

  • China EV insurance registrations for week ending Dec 1: Nio 4,100, Tesla 18,700, Xiaomi 6,300, BYD 97,800

    Li Auto had 11,900 insurance registrations last week, Xpeng 9,400, Zeekr 6,200, Leapmotor 9,200 and Aito 7,700.

  • Nio ramps up car-buying promotions as it eyes higher sales in Dec

    Nio is offering longer NOP+ free access to new car buyers and better benefits for those opting for the BaaS program.

  • Nio posts fewer deliveries as main brand slips while Onvo grows slowly

    Nio delivered 20,575 vehicles in November, up 28.92 percent year-on-year but down 1.91 percent from October.