Chinese electric vehicle maker Nio has set new records for its battery swapping network, completing nearly 1.2 million swaps in just seven days as millions of drivers travelled across China for the National Day holiday. […]
Geely is making a major investment in NIO’s battery-swapping business, taking a 30% stake in NIO Power as the two Chinese automakers deepen their cooperation on EV charging and battery swaps. Under the agreement announced […]
Chinese electric vehicle (EV) maker Nio has reached a major milestone, completing its 100 millionth battery swap since launching the technology in 2018. Nio founder and CEO William Li announced the milestone on social media, […]
Chinese EV maker Nio is gearing up to expand its business further on the global stage. To fund this ambition, it has secured $2.2 billion from the Abu Dhabi-backed CYVN. The investment will give CYVN 294 […]
Xpeng, Nio, and Li Auto have released their vehicle delivery numbers for July, showcasing a growing electric vehicle (EV) market in China. Xpeng reported a significant milestone in July, delivering 11,008 vehicles last month. This […]
Tesla’s principal rivals in China saw a massive rebound and finished out the month of June with solid sales across the board. Per the South China Morning Post, Li Auto, NIO and Xpeng had a […]
In a shocking change in policy, NIO has decided to join other EV makers in cutting its prices. A few months ago, NIO announced that it would not join other EV automakers like Tesla in […]
NIO says it will keep its prices at a premium level instead of engaging in a price war with its competitors, according to CEO William Li in a recent interview with CNBC. Li emphasized that […]
Chinese new energy vehicle (NEV) maker NIO has proven that swapping EV batteries can work. The company is now going all-out with the technology as it announces plans to set up 1,000 new battery-swap stations ahead of […]
EV battery swapping is one of the technologies that has many skeptics. However, NIO seems to have perfected the feature and is doubling down on it. The Chinese company has announced plans this week to […]
