Nio

Nio appointed Green Car as its national distributor in Azerbaijan and will start delivering vehicles in the country in the second quarter of 2025.

Avatr, previously known as Changan Nio, plugged into Nio's charging network, becoming the 14th brand to do so.

Orders for the Onvo L60 far outperformed those for other models launched at the same time, with production orders already lined up for the first quarter of next year, Onvo president said.

Nio already has a vehicle sales and service partner in Azerbaijan, said its president, Qin Lihong, who will also check out the site for Nio's first local Nio House.

A battery swap station can break even if it serves 60 to 70 times a day, Nio's CFO said.

China EV insurance registrations for week ending Nov 10

Chinese customers who currently buy the Onvo L60 are expected to get deliveries 10-14 weeks after locking in their orders, down from 12-16 weeks previously.

The ES6 remains the largest contributor to Nio Inc's deliveries until Onvo L60 capacity is significantly ramped up.

A blogger posted thousands of pieces of content that insulted and defamed the Nio brand and its users over a period of more than a year.

Nio delivered a record 61,855 vehicles in the third quarter, within the guidance range of 61,000 to 63,000 vehicles.