Nio

+ Follow
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 makes China's 1st list of L3/L4 autonomous driving pilot automakers

    Entry into the list lays the groundwork for the commercialization of high-level autonomous driving capabilities, Nio said.

  • Nio users drive over 100 million km with smart driving features in May

    Nio users have driven a total of nearly 1 billion kilometers using NOP and NOP+ by the end of May.

  • Nio provides average of 68,084 battery swap services per day in May

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

  • China EV insurance registrations for week ending Jun 2: Nio 6,700, Tesla 15,200, BYD 53,400, Xiaomi 2,200

    Nio vehicles saw a record 6,700 insurance registrations in China last week, up 24.07 percent from 5,400 the week before.

  • Nio makes organizational changes involving Onvo sub-brand

    Nio has renamed its units previously known as “Strategic New Businesses,” and has created 16 regional companies for the Onvo unit.

  • Nio delivers record 20,544 cars in May

    In the January-May period, Nio delivered 66,217 vehicles, up 50.99 percent year-on-year, with SUVs contributing 58.58 percent.

  • Nio showcases all models at Shenzhen auto show, says 4th-gen swap station to go live on Jun 13

    Nio's fourth-generation battery swap station is equipped with 23 battery compartments, compatible with multi-size battery packs, and supports service for multiple brands.

  • Nio extends car purchase perks in Jun with only minor tweaks

    The latest package of benefits only reduces the free battery swap service experience coupon from 60 to 40, and Nio continues to offer up to 12 billing waivers for customers who purchase a car under its BaaS program.

  • Nio's power unit secures 1st external investment of $207 million

    Nio Power has secured a RMB 1.5 billion ($207 million) strategic investment, the first external investment the unit has received, to support its continued infrastructure drive.

  • Nio delivers over 20,000 cars in May, mobile app poster hints

    The only other time Nio has previously seen single-month deliveries exceed 20,000 was in July 2023 with 20,462 units.