Nio

Nio reported a total revenue of RMB 17.446 billion ($2,400.6 million) in the second quarter, better than the RMB 17.385 billion expected by Wall Street analysts.

Nio has signed an agreement with Suzhou Energy Group, a Chinese state-owned enterprise, to jointly promote charging and battery swap infrastructure.

Nio has received a reply from the police today saying they have arrested the person suspected of creating and publishing the fake rumor about its bankruptcy.

Wall Street expects Nio's revenue to be RMB 17.385 billion in the second quarter, exceeding the upper end of the EV maker's guidance range as deliveries unexpectedly beat guidance.

Dongfeng Motor's premium electric off-road brand, M-Hero, has plugged into Nio's charging network, becoming the 12th brand to do so.

Nio has begun to push forward with its Power Up Counties plan, with five county-level administrative regions seeing their first Nio battery swap stations go into operation in August.

Li Auto had 11,300 insurance registrations last week, Xpeng 3,500, Zeekr 4,600, Leapmotor 7,000 and Aito 8,900.

Nio is set to tweak its charging model for its battery swap service in China, in what will be the third major overhaul since the service became available.

Nio's 2,500th battery swap station in China went live today. It has 54 stations in Europe, with Germany and Norway having 18 stations each.

Nio delivered 20,176 vehicles in August, the fourth consecutive month above the 20,000 mark. That's up 4.38 percent year-on-year, though down 1.57 percent from July.