How has Nio changed its fortunes in the past year?
For a year, the stock price of Chinese electric vehicle (EV) maker Nio (NYSE: NIO) seemed to be out of gravity.
Nio says it has delivered battery swap service to users more than 1 million times
As of October 5, 2020, Chinese electric vehicle (EV) maker Nio (NYSE: NIO) has provided more than one million free battery swaps to users, with a maximum of more than 500 battery swaps for a single vehicle, Nio said today.
Xpeng launches price protection policy in contrast to Tesla in China
A recent price cut on the China-made Tesla Model 3 has sparked a lot of discontent among new car owners. Seemingly in response, the company's local rival, Xpeng Motors, has taken the opportunity to introduce a price protection scheme for owners.
Xpeng delivers a record 8,578 units in Q3, up 266% year on year
Tesla's Chinese rival Xpeng Motors said on October 4 that it delivered 8,578 vehicles in the third quarter, up 266 percent year on year and a new high for quarterly deliveries.
Can Nio become the most valuable car company in China?
On June 10 of this year, Tesla's stock price surpassed $1,000 for the first time, overtaking Toyota as the world's largest car company by market capitalization.
Xpeng's founder is also a low-profile VC funder
Apart from building cars, Xpeng Motors founder He Xiaopeng's LP portfolio has been little known.
Is Nio Life being overlooked by investors?
The outside world is now very familiar with Nio's successful customer operations. During this year's epidemic, 69% of Nio's new car orders reportedly came from referrals from previous owners, and that number has reached about 40% since the epidemic eased.
Tesla confirms entry-level China-made Model 3 uses lithium iron phosphate batteries
Tesla recently lowered the price of the entry-level China-made Model 3 again, which was speculated to be due to the model's use of lithium iron phosphate batteries, a speculation that has now been officially confirmed.
Li Auto delivers a record 8,660 vehicles in Q3, up 31% from Q2
Chinese EV maker Li Auto delivered a record 8,660 vehicles in the third quarter of 2020, up 31.1 per cent from the second quarter and a new high for quarterly deliveries.
Nio delivers 12,206 vehicles in Q3, up 154% year-on-year
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) said today it delivered 12,206 vehicles in the three months to September 2020, up 154.3 percent from the same period last year.
