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 confirms its chip unit secures $330 million in 1st-round funding

    Several Chinese investors will inject RMB 2.257 billion ($330 million) into Nio's chip business, valuing the operation at about RMB 8.27 billion.

  • Nio chip unit reportedly raises over $290 million in 1st funding round

    This brings the post-investment valuation of Nio's chip unit to nearly RMB 10 billion.

  • Nio nears 70,000th delivery of 3rd-gen ES8 as premium SUV momentum continues

    Nio crossed the 60,000-unit delivery milestone for its third-generation ES8 just on February 1.

  • Nio's battery swap network handles over 2 million services in holiday stress test

    Nio's daily battery swap volume hit new records five consecutive days from February 18 to February 22, peaking at 177,627 swaps.

  • Nio faces another chip shortage with ES8, rolls out temporary solution to ensure deliveries

    Nio is experiencing a shortage of signal processing chips for the audio system in its ES8 SUV. Vehicles produced next month will utilize a short-term alternative solution.

  • Nio ES9, Onvo L80 both set for official launch in May as Nio intensifies SUV market push

    Nio ES9 deliveries are scheduled to begin on June 1, with the Nio team still considering whether to introduce more affordable versions without the SkyRide chassis system.

  • [Updated] Nio breaks single-day battery swap service record, again

    On February 22, Nio completed 177,627 battery swap services, setting a new single-day record for the fifth consecutive day.

  • Nio sees new single-day battery swap service record during peak travel period in China

    Nio recorded 146,649 battery swaps on February 15, setting a new all-time high.

  • Nio's battery asset operator Mirattery secures $145 million in latest C3 financing round

    Mirattery brought in two new state-owned enterprise shareholders from Hefei in the new funding, expanding its Series C financing to nearly RMB 2 billion.

  • Nio's battery asset operator Mirattery issues $72.5 million REITs in new securitization effort

    By the end of January, Mirattery's battery assets under management had surpassed 40 GWh.