Nio Sub-brand
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.







