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Nio to begin deliveries of 2024 models in Mar, offers discounts on current ones
Nio's move comes at a time of increasingly fierce price competition in China's EV market, which is also making model refresh cycles shorter.
Tesla cuts Model 3 and Model Y prices in China amid fierce competition
Tesla today lowered the prices of all two versions of the Model 3 by nearly 6 percent, and two of the three versions of the Model Y by nearly 3 percent.
Nio ties up with 2 state-owned groups in Anhui, to support new firm in building 1,000 swap stations
A new company called Zhongan Energy was launched today and it will build 1,000 battery swap stations with the support of Nio and two state-owned groups in Anhui province.
Nio confirms battery swap tie-ups with JAC, Chery
Nio said it and JAC, Chery will carry out deep strategic cooperation in battery standards, battery swap technology, battery swap service network construction and operation.
Full text: Nio CEO William Li's 1st letter to employees in 2024
In the letter, Li laid out his views on the competition in the EV industry in 2024, as well as Nio's priorities.