Nio
Li Auto CEO says battery swap model promising in cost reduction
If electric cars can be sold to consumers without batteries, the cost can be lower than fuel cars, said Li Xiang.
Nio Q4 earnings: Deutsche Bank's first look
"Even if we exclude these one-time headwinds, vehicle of margin of 13.5% would have been a miss and lowest since 2Q20," Deutsche Bank said.
Nio Q4 earnings call: Live updates
Nio will begin deliveries of four new models in the second quarter, including the new ES6, with a fifth model to be delivered in July.
Nio delivers 12,157 vehicles in Feb, up 43% from Jan
That delivery volume included 5,037 SUVs, and 7,120 sedans.
Nio reports record Q4 revenue, but falls short of expectations
Nio's vehicle margin was negatively impacted by 6.7 percentage points in the fourth quarter due to accelerated depreciation of production facilities and the loss of purchase commitments for older models.
Nio adds 6 new service centers, 8 swap stations globally in Feb
As of February 28, Nio had 296 Nio Spaces worldwide, a reduction of three from 299 at the end of January.
Nio to open its 2nd Nio House in Germany on March 30
Nio's second Nio House in Germany will be located in Frankfurt. Its first flagship showroom in the country is located in Berlin.
Nio ALPS sub-brand models to be built on 800 V platform, exec says
Nio's third-generation battery swap stations will be compatible with ALPS models, an executive said.
China NEV insurance registrations for week ending Feb 26: BYD 39,473, Tesla 10,705, Nio 3,357
The Nio ET5 contributed 53 percent of the volume with 1,786 insurance registrations last week.
Nio App adds wish list feature to support faster swap station build-out
Nio added three battery swap stations today, bringing the number of the facility in China to 1,320.