The investment will further strengthen Nio's balance sheet to power its continuous endeavors in accelerating business growth, driving technological innovations and building long-term competitiveness,...

Deliveries of the new ES6 have grown steadily since its launch in late May 2023, with monthly sales topping 10,000 units in July, Nio said.

Nio today announced that starting prices for all new models are reduced by RMB 30,000 ($4,200) starting June 12, and makes the battery swap service optional.

An owner who accused Tesla of brake failure has publicly apologized more than a year after the accident.

Unlike the dual primary listings of Xpeng and Li Auto, Nio will have a secondary listing in Hong Kong and will not issue any new shares.

Nio's plant in the US may initially adopt a CKD (Completely Knocked Down) or SKD (Semi Knocked Down) form of production, local media said, citing an industry source.

As of March 31, Nio's cumulative deliveries stood at 192,838 units.

This helps speed up AI deep learning training, save costs and shorten product development cycles, according to AMD.

Nio and Shell plan to jointly install 100 swap stations in China by 2025 and operate pilot stations in Europe starting in 2022. Shell's charging network in Europe will also be available to Nio users.

Li Auto saw a 13.33 percent decrease in sales last week compared to the previous week, while Nio saw a 28.13 percent increase.

The team raised their forecast for Nio's deliveries in 2025 significantly to 750k from 465k.

The launch of the station is just the first step in its partnership with IKEA, and more battery swap stations will appear in IKEA malls in the future, Nio said.

The figure is a projection by Nio's sales staff based on the number of the company's sales outlets in China and the average number of orders received per person, according to local media.

The price range of Nio's third brand is mainly in the range of RMB 100,000 ($14,820) - 200,000 yuan, according to local media.

ARKQ bought 420,057 shares of Nio on Friday, worth about $8.4 million, or 0.5 percent of the ETF's total position.

CYVN will increase its stake in Nio to about 20 percent with its latest investment, after finishing a roughly $1.1 billion investment in July.

Nio delivered 50,045 vehicles in the fourth quarter, exceeding the upper end of its previous guidance range of 47,000 to 49,000 vehicles.

China will still offer NEV purchase tax breaks from 2024 to 2027, but the intensity will diminish in steps.

A CCTV report shows Nio's facility in NeoPark on its first day of mass production, saying that four doors of a car can be assembled in 49 seconds.

Two of the lines will begin mass production this year, while the other is expected to reach mass production by October 2024.

Nio is in talks with several other automakers about licensing battery swap technology, the Financial Times reports.

Tesla's revamped Model 3 is expected to go on sale in China within half a month, with some stores already accepting reservations from consumers for the new model, according to local media.

Competition is fierce at the moment, and the timing of Nio's second brand's entry into the market is important, William Li said on December 24.

Nio's previous guidance for fourth-quarter deliveries was 23,500 to 25,500 vehicles, which means it is expected to deliver 8,955-10,955 in December.

Tesla's two promotions in China over the past two months have not had the desired effect, local media said.

China has imposed restrictions on car production over the past decade amid concerns about overcapacity. Nio had previously been producing cars under JAC's qualification.

As of November 30, Nio's cumulative deliveries reached 273,741 units.

LeasePlan was founded in 1963 and manages 1.8 million vehicles in more than 30 countries.

Nio delivered 7,594 ET5s, 1,379 ET7s and 4,154 ES7s in December.

Nio was chosen in large part because its vehicles have replaceable batteries, according to a Norwegian media report.

The tie-up comes after Nio basically pulled out of a joint venture with Changan, marking the first external partner for Nio's iconic energy replenishment network.

Geely becomes the latest Chinese auto giant after Changan to enter into a partnership with Nio on battery swap.

Nio guided for fourth-quarter vehicle deliveries in the range of 47,000 to 49,000, meaning it expects to deliver between 14,967 and 16,967 vehicles in December.

Between July 1 and July 23, Nio sold 12,700 vehicles, Li Auto 24,600 and Xpeng 6,100 units.

Nio deliveries rebounded to more than 10,000 units as new models, including the new ES6, ET5 Touring and new ES8, began to be delivered.

Nio sold 9,829 units in March, higher than BMW's 3,123 units, Mercedes-Benz's 1,199 units and Audi's 116 units of BEVs in China, according to CATARC data.

Nio said it will improve resource efficiency and defer or cut investments in projects that do not contribute to the company's financial performance in three years.

Nio will enter at least five European countries next year, all offering NT2-based products.

The Nio ET5 took one and a half months from being unveiled to seeing the first prototypes for production line validation roll off the line, compared to four months for the ET7.

If the plan goes ahead, it would mark an unusual reversal by Beijing, potentially ending a decades-long dispute, Bloomberg reported.

Nio will further accelerate production and deliveries in December, the company said.

Nio acquired Leopard in a government-coordinated buyout to qualify for vehicle production, and potential further acquisitions of two of JAC's plants will allow it to end its history of contract...

A solid order backlog and improving production ramp bode well for Nio's ongoing operational recovery and rising sales, Morgan Stanley said.

Nio said it and CYVN, as well as their respective subsidiaries, will continue to work closely together in pursuing strategic and technological collaborations in international markets.

Nio said it will acquire the manufacturing equipment and assets of the F1 and F2 plants from JAC for a total consideration of about RMB 3.16 billion.

Xpeng saw insurance registrations of 3,100 units last week, down 6.06 percent from 3,300 units in the previous week. BYD saw registrations of 50,800 units last week, down 1.74 percent from the...

Nio released a statement formally responding to the report, saying it has no reportable capital-raising activity at this time other than the convertible note offering that closed today.

Under the five-year strategic cooperation agreement, the two companies agreed to cooperate in the construction of battery swap stations along the Beijing Capital Ring Expressway.

The first model it produces will see a tooling trial prototype roll off the line in the second quarter of 2022, with the production car coming off the line in the third quarter of next year.

As of December 31, Nio had 777 battery swap stations and 605 supercharging stations offering 3,404 charging piles.

Nio planned to enter the US market by the end of 2025, but current US policies are complicating things, according to William Li.

"My goal, and my commitment to this company, is I want all of us to buy a Nio car from our personal paycheck one day," Nio US CEO Ganesh Iyer said.

This means Nio has delivered 2,088 vehicles so far in May, when supply chain challenges remain tough.

Between August 1 and August 27, Nio vehicles saw 16,000 insurance registrations in China, Xpeng at 11,700, Li Auto at 29,100 and Tesla at 56,400 units.

Nio's F1 plant stopped production for five days between July 29 and August 2 to undergo a production line upgrade, according to local media.

As JAC's deal to sell its factory assets comes to a deadline, rumors that Nio will buy them and announce its own car-making qualifications are circulating widely on Chinese social media.

Shanghai is one of the top-tier cities in China with the strongest support for NEVs, and Nio sees it as an important market.

Nio has held exploratory talks with Mercedes-Benz about a partnership that would see the German automaker invest in it in exchange for technology, Reuters reported.

An industry insider said the popularity of the Nio ET5 is very similar to the China-made Tesla Model 3 when it first became available.

March 31 is the official delivery date for the Nio ET5 in Germany, and Nio is using it as an opportunity to launch its ET5 first mover marketing campaign.

Battery maker CATL is one of the largest shareholders of Mirattery, Nio's battery rental service joint venture.

The Nio ET5 Touring was launched in both China and Europe on June 15, with 11,677 units delivered in China to date.

Nio delivered 25,059 vehicles in the second quarter, above the upper end of its previous guidance range of 23,000-25,000 vehicles.

Xie previously worked at Nvidia and Cruise, a self-driving company owned by General Motors.

The Model S Plaid is priced at RMB 1,059,990 ($166,000) in China, about 4.2 times the price of the entry-level China-made Model 3.

The annual China International Import Expo, co-hosted by China's Ministry of Commerce and the Shanghai government, is the world's first import-themed national expo.

Nio sold 8,000 units between June 1 and June 25. Its previous guidance implied 10,187-12,187 vehicles would be delivered in June.

The first brand to partner with Nio on battery swap could be China FAW Group's high-end EV brand Hongqi, according to local media.

Nio unveiled a new charging pile with up to 500 kW of power that will make charging electric vehicles faster, especially for other brands.

Nio and Shell signed a strategic partnership agreement in November 2021 to collaborate on charging and battery swap facilities in China and Europe.

Starting this week, insurance registration data will no longer be available, with Li Auto's sharing a surprise exception.