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
  • China EV insurance registrations for week ending Feb 4: Nio 3,100, Xpeng 2,700, Li Auto 7,200, Tesla 10,600

    Most of the major EV makers saw insurance registrations fall last week, as the beginning of the month is usually a low point for deliveries.

  • Nio Capital closes over RMB 3 billion in new fundraising

    Since its inception in 2016, Nio Capital has raised five funds, including three US dollar funds and two RMB funds, with a total management scale of RMB 15 billion.

  • Nio Alps' 1st model to begin trial production in Jul, aims for tens of thousands of sales in 2024, report says

    Nio has an aggressive target for the first model of Alps codenamed DOM, despite the short delivery window available during the year, according to the local media.

  • Nio may launch new variants with shorter ranges for existing models, regulatory filing shows

    Nio's eight models are included in a regulatory catalog that all add significantly shorter range options.

  • Nio to launch active safety features based on end-to-end neural networks in H1, report says

    If it moves forward smoothly, Nio will be the fastest among Chinese companies to mass-produce end-to-end features, LatePost said, citing a person close to the company.

  • Nio App stops showing delivery wait times as Chinese New Year holiday approaches

    The upcoming Chinese New Year holiday is February 10-17 and will cause significant disruptions to production and deliveries in the automotive industry, making it harder to accurately predict delivery wait times.

  • Nio doubles NOP+ coverage of urban road mileage in Jan

    At the end of January, NOP+ reached 651,640 kilometers of urban road coverage in 606 cities.

  • Nio delivers 10,055 cars in Jan, down 44% from Dec

    The beginning of the year is usually a low point for car sales in China due to seasonal factors. Nio's deliveries in January included 6,307 SUVs and 3,748 sedans.

  • Nio reaches deal with local firm for production of SiC modules

    United Nova said it will be the production supplier for Nio's first in-house developed 1200 V SiC module, helping the EV maker build on its leadership position in the 900 V high-voltage platform.

  • China EV insurance registrations for week ending Jan 28: Nio 3,300, Xpeng 2,200, Li Auto 8,500, Tesla 12,800

    For the January 1-28 period, Nio was 9,900 units, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500.