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
  • Nio to launch Firefly brand in Europe in 2025

    Nio will launch the Firefly brand in Europe in 2025, Reuters quoted the EV maker's president as saying.

  • Nio's LiDAR supplier Innovusion changes name to Seyond

    Innovusion said last month that it had exceeded 200,000 cumulative LiDAR deliveries.

  • Nio media briefing: Key takeaways

    Nio is still in the planning stages for entering North America, but will enter the UAE in 2024, William Li said.

  • Nio battery swap alliance has signed up 1 new automaker, says William Li

    Li said the battery swap business could become profitable if it averages 60 orders per station per day, and that figure has already reached 80 in Shanghai.

  • Deutsche Bank lists 5 areas where Nio can cut costs

    Edison Yu's team believes that Nio can cut costs in five areas: battery cells, chip development, battery swap, dealer network, and phone.

  • Nio's semi-solid-state battery supplier WeLion sees 1st major installations in Nov

    WeLion installed 0.41 GWh of power batteries in November, which could be used to build about 2,733 units of 150-kWh battery packs.

  • China EV insurance registrations for week ending Dec 10: Nio 2,900, Xpeng 2,600, Li Auto 10,400, Tesla 15,400

    Between December 1 and December 10, Nio was 4,400, Xpeng 3,900, Li Auto 13,000, Tesla 23,500 and BYD 64,400 units.

  • Nio significantly increases NOP+ mileage coverage target

    Nio aims to complete the validation of 250,000 kilometers of NOP+ urban pilot routes by the end of the year, more than quadrupling the initial target announced in September.

  • Nio ES7, ET7 wait times get slightly longer

    Wait times for both the ES7 SUV and ET7 sedan have turned into 5-6 weeks today, compared to 4-5 weeks for both of them previously.

  • Nio Nov deliveries breakdown: ES6 at 5,666, ET5 Touring at 3,248

    The ES6 and ET5 Touring remain the top Nio models in terms of deliveries, together contributing 55.86 percent of November's volume.