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Deutsche Bank on Apr China EV sales: Li Auto shines while Nio struggles
Edison Yu's team continues to expect most automakers to be aggressive, as market share is a top priority.
Nio deliveries fall further to 6,658 in Apr as product switch continues
In April, most deliveries went to the ET5 and ES7, while Nio has been upgrading its product from NT 1.0 to NT2.0, it said.
Nio plans to launch EV priced below 30,000 euros in Europe, report says
Nio aims to grab market share from Volkswagen by introducing a model priced below 30,000 euros to the European market, a German magazine quoted William Li as saying.
Nio's single-day battery swap service hits record high on Labor Day eve
On April 28, Nio saw a record 62,746 battery swap services provided in a single day, with the stations along highways providing 104 percent more service than the previous day.
Nio suffers complaints from ES7 owners who believe upcoming new ES6 hurts their interests
Disgruntled ES7 owners have asked Nio to offer additional benefits as compensation, but have been denied.
Nio sues vlogger for $290,000 for spreading false information
Nio has accused a Douyin vlogger of spreading false information about its price discrimination against Chinese consumers.
Nio EC7 wait time becomes longer, ET7 shorter
The wait time for the Nio EC7 is now about 5 weeks, longer than the previous 4 weeks, and the ET7 is about 3 weeks, down from about 4 weeks.
Nio begins deliveries of EC7 coupe SUV earlier than originally planned
The EC7 was launched on Nio Day 2022, December 24, 2022, and Nio had planned to begin deliveries of the model in mid-May.
Nio signs partnership deal with state conglomerate China Resources
Nio has opened 46 Nio Houses and Nio Spaces in commercial real estate projects managed by China Resources.
Nio Capital invests in Chinese SiC chip maker
Qingchun was founded in March 2021, and the core team members have been involved in SiC semiconductor technology for over 20 years, according to Nio Capital.