Nio
Nio sees Feb deliveries dip 4.84% sequentially to 13,192 as Onvo declines further
The Nio main brand saw a 14.99 percent sequential increase in deliveries in February, while the Onvo sub-brand saw a 31.51 percent sequential decrease.
Nio extends 5-year 0-interest financing to Mar 31
The Nio main brand has extended its 5-year 0-interest financing plan until the end of this month, and sub-brand Onvo launched the same plan earlier today.
Nio Onvo launches 5-year 0-interest financing while slightly scaling back overall benefits
Onvo launched higher-value 5-year 0-interest financing package, but removed BaaS benefit available in February, resulting in scaled-back overall benefits.
Nio Onvo launches service allowing owners to upgrade battery packs on demand
Onvo will allow owners to upgrade their 60-kWh standard range battery packs to 85-kWh long range packs on a daily, monthly or annual basis starting March 1.
China Feb EV sales preview: Deutsche Bank expects Nio at 13,000, Tesla 30,000, BYD 340,000
Deutsche Bank expects the Nio main brand to deliver around 8,000 units in February, and the Onvo sub-brand around 5,000 units.
Nio opens 1st swap station in UAE, its 1st in MENA region
In the UAE, a single battery swap service costs AED 119 ($32) for a 100-kWh battery pack and AED 99 for a 75-kWh pack.
Analysts expect Nio's battery swap business to break even by end of 2026
As Nio's car sales rise, battery swap services are expected to see rapid growth, analysts said.
Nio completes its 1st swap station in MENA region
Nio has built its first battery swap station in the MENA region and the facility is expected to be operational on Thursday.
Nio Onvo shares new image of L90 in direct comparison to Li Auto's flagship SUV
Onvo shared a new image today about the L90, continuing to benchmark the model against Li Auto.
China EV insurance registrations for week ending Feb 23: Nio 2,500, Onvo 1,400, Tesla 7,000, Xiaomi 6,400, BYD 59,100
- Xpeng was at 8,800 units, Li Auto 7,700, Zeekr 3,500, Leapmotor 5,500 and Aito 3,900.
- Major EV makers saw an increase in insurance registrations last week as the recovery continues.
