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Nio welcomes China's move to extend tax breaks for NEV purchases
From now until 2027, pure electric vehicles will continue to enjoy purchase tax incentives, which will give Nio vehicles a significant advantage over fuel-powered luxury vehicles in terms of purchase costs, Nio said.
Nio says Abu Dhabi investment took just 3 weeks from talk to deal
The partnership, which went from discussion to agreement in just three weeks, demonstrates Abu Dhabi's commitment to investing in technology innovation and clean energy transformation, Nio said.
Nio's William Li attends high-level Sino-German meetings as Chinese Premier visits Europe
Nio was invited to attend a roundtable of Sino-German entrepreneurs and was the only smart electric vehicle company present.
Nio secures $1.1 billion investment from Abu Dhabi fund
The investment will further strengthen Nio's balance sheet to power its continuous endeavors in accelerating business growth, driving technological innovations and building long-term competitiveness, said William Li.
China NEV insurance registrations for week ending Jun 18: Tesla 14,500, Li Auto 7,800, Nio 2,000
Nio was 2,000 units last week, higher than the previous week's 1,500 units. From June 1 to June 18 Nio sales were 4,800 units.
Nio completes key regulatory process for its 1st phone model
Nio's first phone model will be released and begin deliveries in the third quarter, William Li said in April.
China's EV sector at crossroads as Nio joins bloody price war
Nio's about-face highlights the plight now facing China's EV makers, as they try to navigate an unexpected turn in the road that analysts say could stretch on for some time to come.
Nio offers short-term car rental for Chinese owners on European trips
The service will begin a trial run on July 1, with available vehicles being the ET7 and EL7 and a minimum order length of seven days.
Nio Capital ups bet on ARM CPU startup CIX Technology
Nio Capital participated in a RMB hundreds of millions Series A round of funding for CIX Technology, after previously co-leading the company's Pre-A round.
Nio testing new EC6 as its product changeover continues
The EC6 is the last remaining piece of the puzzle as Nio switches models from the NT 1.0 platform to the NT 2.0 platform.
