Nio Team

[Full text] 'The next two years are crucial for our success,' Nio's William Li says in internal letter

“We must keep launching competitive new products and improving our operational efficiency to double our sales next year and achieve profitability in 2026. These are goals we cannot afford to miss,” Li said.

Nio celebrates 10th anniversary with over 620,000 users

Nio, founded on November 25, 2014, is starting multi-brand operations, having already launched the Onvo sub-brand and will launch the Firefly brand next month.

Most of Nio swap stations in Shanghai deliver over 100 services per day, says CFO

A battery swap station can break even if it serves 60 to 70 times a day, Nio's CFO said.

Former Nio CFO joins US-sanctioned camera maker Hikvision

Former Nio CFO Steven Feng has joined US-sanctioned surveillance camera maker Hikvision, after leaving the EV maker in early July.

Nio unveils new mission and vision to cope with changing market environment

The value system upgrade is a response to the changing social and market environment and is based on the understanding of future trends, said Nio.

Nio's CFO change won't disrupt current operations, says Morgan Stanley

A C-level change is rarely positive news, but Nio's recent solid operation should help ease market concerns, thus preventing any panic knee-jerk reaction, Morgan Stanley said.

Nio CFO Steven Feng resigns

Feng joined Nio in November 2019, prior to that he was the head of the auto and auto parts research team at CICC.

Nio has 32,820 full-time employees at end of 2023, 1,188 in Europe, ESG report shows

Nio's full-time workforce increased by a net 6,057, or 22.63 percent, in 2023.

Nio seeking cost reduction advice from partners

Nio is looking to its partners for cost-cutting advice, saying their expertise and industry experience will be important in meeting its cost-cutting goals.

Nio denies it has new layoff plans

Nio founder, chairman and CEO William Li said he's completely unaware of any new layoff plans.