Nio
Nio Capital-backed ClearMotion begins construction of its 1st plant to produce suspension systems
ClearMotion has secured volume production orders from an EV maker and expects to begin deliveries globally by the end of 2024, Nio Capital said.
Chengdu auto show booth map released: BYD, Nio, Xpeng, Li Auto present, Tesla absent
Nio's booth is located at H1010, Xpeng is at H1009, and Li Auto is at H1102. BYD and its sub-brands are in Hall 3.
Nio offering $3,280 discount on ET5 inventory cars, report says
The ET5 Touring is priced the same as the regular ET5 and the new ES6 is priced attractively, influencing potential ET5 customer's intention to buy the car, according to local media.
Nio rebrands ET5 Touring as ET5T to target larger family market
Nio has repositioned the ET5 Touring to expand the model's user base by targeting the larger family market rather than the touring segment.
BofA further raises Nio price target, expects deliveries of 20,000-21,000 per month in Aug and Sept
Nio's vehicle deliveries in August and September are expected to be 20,000-21,000 units per month due to auto parts constraints, but parts supply will improve in the fourth quarter, BofA said.
Nio to report Q2 earnings on Aug 29
Deutsche Bank expects Nio to report revenue of 9.1 billion yuan in the second quarter, in line with current consensus estimates.
Some key chips developed by Nio to be in mass production in next 1-2 years, says VP
In the next 1 to 2 years, some of Nio's in-house developed key chips including AD chips will be mass-produced, the EV maker's vice president in charge of hardware business said.
China EV insurance registrations for week ending Aug 13: Tesla 14,000, Li Auto 7,200, Nio 3,300
Between August 1 and August 13, Tesla vehicles had 25,400 insurance registrations in China, Nio 7,000, Li Auto 13,500, and Xpeng 5,200.
Nio Day 2023 to be held in Northwest China's Xi'an
Xi'an is one of the oldest cities in China, the capital of 13 historical dynasties, and home to the famous Mausoleum of Qin Shi Huang and the Terracotta Warriors.
Nio Q2 earnings preview: Gross margin to remain under pressure, but stronger execution starts to show
Nio's gross margin will be under pressure due to lower deliveries, but stronger execution is starting to show up, which could help vehicle margins recover in the second half, according to Deutsche Bank.
