Nio

Syensqo said it and Nio will work together to advance the application and development of more advanced materials for NEVs.

A C-level change is rarely positive news, but Nio's recent solid operation should help ease market concerns, thus preventing any panic knee-jerk reaction, Morgan Stanley said.

Nio has narrowed down the candidate cities to host Nio Day 2024 from eight to three -- Guangzhou, Hangzhou and Xiamen, one of which will host the event.

Nio is validating the first humanoid robot powered by Huawei's HarmonyOS at its factory, which uses Huawei's Pangu large model, according to local media.

Feng joined Nio in November 2019, prior to that he was the head of the auto and auto parts research team at CICC.

BYD's blended price rose 1 percent month-on-month in June, while those of Nio, Xpeng, and Li Auto remained stable.

Nio said it maintains the pricing of its current models in European markets at this stage. Xpeng said it is actively assessing the feasibility of establishing local manufacturing capabilities in Europe.

The Nio ET9's center screen uses a horizontal display similar to Tesla's models and has another long, thin screen behind it.

On average, each Nio user used the battery swap service six times in June, each time taking about three minutes.

Xpeng was 3,100, Li Auto 13,000, Zeekr 4,300 and Leapmotor 4,800.