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NIO produces 300,000th car
NIO has reached a milestone as its 300,00th car rolled off the assembly line. The EV maker has delivered 273,741 units since it started production. The 300,000th car was a blue ET5 sedan produced at […]
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NIO and Tencent partner to work on self-driving technology
One of Tesla‘s biggest rivals in China is partnering with a major tech giant on self-driving technology. As per CNBC, NIO announced a partnership with tech giant Tencent to work on autonomous driving and high-definition […]
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NIO reveals how it is solving production ramp-up problems
NIO, one of China’s leading NEV brands, has revealed how it is solving its slow production ramp-up. The CEO touched on this and other subjects about the company in a wide-ranging interview, as reported by Pandaily. […]
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Chinese EV makers report bumper sales for September, but analysts predict bumpy road ahead
Chinese EV companies are in a festive mood as performance reports for September roll in. The top three Chinese smart EV makers, Nio, Li Auto, and Xpeng Motors, reported upbeat sales in September 2022. However, […]
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NIO deploys first battery swap station in Germany
Ahead of the launch of the NIO ET7 in Germany, NIO deployed their first battery swap station in the country. The station is located in Zusmarshausen on the A8 Highway between Munich and Stuttgart. Germany’s […]
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Nio sees losses grow to $410 million in Q2 even with higher EV deliveries
Nio reported its second quarter financial results on Wednesday, and the Chinese electric vehicle (EV) maker saw its losses grow year-over-year, despite the fact they delivered more EVs compared to the same time period last […]
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NIO records 6 percent increase in deliveries in August, but not enough to prevent stock tanking
Chinese EV maker NIO has reported a 6 percent increase in car deliveries for August. However, this comes as shares of the top Chinese EV brands fell, as reported by CNBC. NIO is soon to launch […]
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NIO is working on a new economy sub-brand
NIO is working on a third sub-brand that will produce affordable EVs for the Chinese market. This at least reporting coming from 36 Kyrpton. NIO has not named the brand yet, but it is known […]
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NIO confirms 150 kWh solid-state battery delivery in Q4 2022
NIO electric cars are about to get a massive boost in driving range as the company prepares to release a 150kWh solid-state battery in the last quarter of 2022. Existing NIO owners can upgrade to […]
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NIO retains forensic accounting firm in response to Grizzly short-seller report
Chinese automaker NIO has confirmed they have formed a committee to investigate recent allegations that they used an affiliate battery maker to boost financial results. The allegations came from a report by Grizzly Research LLC […]
