NIO bet that their customers would like to swap their electric vehicle (EV) battery packs out for a fully charged one rather than spending the time plugged in at a charger. Just over four years […]
NIO set its all-time monthly delivery record in June when it delivered 12,961 vehicles. The company’s previous record was 10,878, set back in November 2021. The Chinese automaker announced that its supply chain and vehicle […]
NIO‘s CEO William Li told reporters that its biggest challenge is making sure its supply chains are stable. Like many automakers in China, the company is still recovering from COVID-19 shutdowns in Shanghai and other […]
NIO has reached another significant milestone announcing on Tuesday they have now produced 200,000 electric vehicles (EVs). The impressive figure comes just over one year after NIO’s 100,000th EV rolled off the production line on […]
Tesla isn’t the only electric vehicle (EV) automaker suffering from the effects of the recent surge in COVID-19 cases in China. NIO has announced that production at its manufacturing facility in Hefei has been shutdown […]
Chinese automaker NIO is in talks with automakers to license its electric vehicle (EV) battery swapping technology. That is according to Hui Zhang, the company’s European president, who also revealed NIO is holding discussions with […]
Chinese electric vehicle (EV) maker NIO announced its Q4 and full year 2021 results, showing an impressive increase in deliveries year-over-year (YoY). In the fourth quarter of last year NIO delivered a total of 25,034 […]
NIO shared images of validation prototypes of the ET5 sedan rolling off their line in Hefei this week. The company plans to launch the ET5 in China this fall and may include the vehicle in […]
China’s NIO has reported another strong month of sales for January 2022. According to the EV automaker, a total of 9,652 vehicles were delivered to new owners last month. That figure represents a 33.6% increase […]
Canada’s sixth largest commercial bank, National Bank of Canada, has made a large investment into electric vehicle (EV) makers Tesla and NIO. According to a Fintel 13F filing from January 24, 2022, the bank purchased […]
