Nio Sub-brand
Nio to hold local Nio Day event in Europe in Q4, president says
For Nio, it will see greater competitiveness in Europe than in China, said Qin Lihong.
Nio to use batteries from multiple suppliers including CALB and BYD in sub-brand, report says
ALPS has adopted an open partnership stance, not only bringing in CALB and FinDreams, but also approaching battery makers including Eve Energy and Svolt Energy.
Nio's third brand's first model will be entry-level sedan, report says
Nio is planning a third brand, and judging by the product definition and development, the first product will be an entry-level electric sedan in the RMB 100,000 ($14,820) class, according to local media.
Nio plans to launch third brand, price could be as low as $14,820, report says
The price range of Nio's third brand is mainly in the range of RMB 100,000 ($14,820) - 200,000 yuan, according to local media.
Nio's mass-market brand has a planned annual capacity of 500,000 units, CEO says
Nio's mass-market sub-brands will be priced in the RMB 200,000 range, and they will compete with Tesla's Model 3 and Model Y, but at a 10 percent discount, Li said.
Nio Q1 earnings call: EV maker to develop batteries in-house
Nio plans to start delivering a model for the mass market in the second half of 2024, and the price of the model is in the range of RMB 200,000 to 300,000.
Nio said to be evaluating Horizon Robotics' chip for use in sub-brand models
Nio is evaluating the Journey 5 chip from local chip company Horizon Robotics, according to local media. BYD will use the chip in some of its models to be launched in 2023.
Nio to build plant for sub-brand models at NeoPark, plans to start production in 2024
Hefei Economic Development Zone and Nio signed a cooperation agreement on NeoPark Phase II and key components projects.
Nio earnings call live update: NeoPark, sub-brand, ES7, and more
Nio aims to achieve break-even in the fourth quarter of 2023 and its first annual profit in 2024.
Nio said to have launched development of sub-brand model with planned annual capacity of 60,000 units
Nio has launched the development of a mass-market sub-brand model in Hefei, which will be positioned below Nio's existing SUV and sedan models, according to local media.