NIO

China’s NIO, a manufacturer of electric cars, is taking on a new approach to improve profitability and compete with companies like Tesla through the development of its own batteries. NIO plans to make its own high-voltage battery packs starting in 2024, from a design it has also developed on its own, according to Reuters. Chinese […]

China’s electric automaker NIO has launched a home mobile charger that lets users discharge vehicles to offer power to other EVs or household appliances, according to a report from CnEVPost. The chargers let users connect vehicles to a 220V household outlet, gaining a max power of 2.85 kW, as shared earlier on Monday via the […]

Following reports that NIO is hiring in the U.S. for its upcoming EV plant, the China-based automaker has revealed its delivery numbers for May, showing the company bouncing back after a long production halt. NIO has delivered 31,866 vehicles so far in 2022, marking an 11.8-percent increase year-over-year during the same period of time, as […]

Morgan Stanley shared a research tactical idea on NIO, stating that it believes the company’s shares will rise in absolute terms for the next 15 days, reports Seeking Alpha. Despite recent selloffs of NIO and other EV stocks, the firm believes the automaker will be turned around in the months to come, following China’s COVID-19 […]

Just a few weeks after NIO hit 200,000 vehicle deliveries, the China-based electric vehicle (EV) maker is officially heading to the U.S., as discovered in new positions listed overseas. NIO is hiring for several positions directly affiliated with building an EV factory in the U.S, as reported by Chinese media outlet Yicai on Friday (via […]

Chinese electric vehicle (EV) maker NIO recently achieved a new milestone when it delivered its 200,000th production vehicle, to a customer in the city of Chongqing in southwestern China — reports CnEVPost. NIO’s 200,000th delivery was an ET7 electric sedan, which began deliveries in late March. The company is set to raise pricing for the […]

After announcing and deploying price increases on its electric vehicles (EVs), NIO is set to raise prices on the ET7 electric sedan. NIO is planning to raise the starting price for its ET7 electric sedan on May 23, increasing the price by about $1,470, according to CnEVPost. The news comes just as raw material prices are […]

NIO plans to unveil the ES7 electric SUV at the end of the month, and a handful of pictures have surfaced showing the vehicle without any privacy wraps ahead of the release. The NIO ES7 was spotted in a series of photos without any camoflauge wrap, as shared on Thursday by Yiche (via CNEVPost). The […]

Chinese electric vehicle (EV) maker NIO on Sunday announced delivery numbers for the month of April, along with rivals Li Auto and Xpeng. NIO delivered a total of 5,074 EVs in April 2022, bringing the automaker’s year-to-date total for deliveries in 2022 up to 30,842 — a year-over-year increase of 13.5%. NIO delivered 25,768 cars […]

Deutsche Bank called NIO the top electric vehicle (EV) maker in China in 2022 earlier this year, and the automaker surpassed an important milestone earlier this week. NIO’s 200,000th mass production vehicle rolled off the production line on Tuesday, according to a post from @42how_. The news was celebrated inside NIO’s factory with a banner […]

Chinese Tesla rival NIO is now facing a factory shutdown in China, causing delays to current orders that will be passed to consumers, as stated by the company in a notice to customers. NIO warned customers over the weekend about upcoming delivery delays due to the automaker pausing production amidst the ongoing COVID-19 surge, according […]

Electric automaker NIO announced on Sunday that price increases are coming due to the “rise in global raw material prices”. The price changes to the company’s electric vehicles and other products are set to kick in on May 10, 2022. NIO says the starting price of its ES8, ES6 and EC6 vehicles will go up […]

The head of NIO’s Europe Operations says the company may be open to sharing its battery swap technology with other automakers, according to Automotive News Europe. Managing Director of NIO Europe Hui Zhang said to journalists at a Norwegian event last week that the EV startup was already talking to other automakers, without naming any […]

NIO sold and delivered 25,768 vehicles in the first quarter of the year, marking an overall 28.5% increase year-over-year, according to a press release. In March alone, NIO delivered 9,985 units, representing a 37.6 percent increase year-over-year. NIO delivered 25,034 vehicles in Q4, marking an increase this quarter from the last quarter. The news comes […]

NIO could be facing the most important product cycle in history, as detailed by Deutsche Bank’s Edison Yu, according to CNEVPost. The narrative is shifting from supply constraints to a product supercycle, despite stagnation seen in the last few quarters. In a statement, the Deutsche Bank team wrote, “Following 4Q earnings last week and an […]