NIO
Chinese Buyers are Price, Range Conscious When Considering EV Purchase
With a range of electric vehicle (EV) options recently becoming available to buyers in China – like BYD, NIO, Xpeng Motors, Wuling HongGuang, and others – some are electing to buy local, instead of imported options like Tesla. According to qualitative research collected by CNBC, Chinese EV buyers considered factors like price competitiveness, driving range […]
China’s NIO Sees EV Production Hit By Global Chip Shortage
Electric vehicle (EV) manufacturers and Tesla rivals NIO reported an excellent fourth-quarter earlier this week, following the unveiling of its ET7 electric sedan earlier this year. On Tuesday, CNBC reported that NIO had been hit by the current shortage in semiconductor chips, which has been affecting others within the EV market in recent weeks. NIO […]
Tesla China Pours Cold Water on Battery Swap Rumors
NIO’s newest 2nd-generation battery swap station has opened in China, and in the days following, users online rumored that Tesla would be going back to a similar battery swap program. In a new report from CnEVPost (via electrek), it appears that Tesla has outright denied claims of moving back to a battery swap business model, […]
Chinese EV Startup Li Auto to Sell Fewer Vehicles Than Rival NIO
Electric vehicle (EV) company NIO revealed its first electric sedan last month in its market of China, and it’s already outperforming some of its competitors with sales of its first few EVs. On Thursday, Chinese EV startup Li Auto said it expected to deliver between 10,500 and 11,500 cars in the first quarter of 2021, […]
This is NIO’s 2nd-Generation Battery Swap Station in China [PICS]
It wasn’t long ago that China’s electric vehicle (EV) startup NIO released the ET7, its flagship sedan, while sharing that its battery swap program would be receiving major upgrades. Monday, in a series of photos from Tesla enthusiast @42how_ on Twitter, we gain a first look at NIO’s second-generation battery swap station being demonstrated. The […]
Tesla Rivals Nio and Xpeng See Sales Surge 352% and 470% in January
China’s auto market is not only the largest in the world, but it’s also becoming the largest electric vehicle (EV) market specifically. With companies like Xpeng Motors and Nio seeing major sales increases, other startups like Li Auto are expecting their shot soon too. In January, Nio’s sales increased 352%, while Xpeng Motors saw an […]
First Look: NIO Auto-Park and Auto-Summon in Action [VIDEO]
Earlier this month, NIO’s stock reached an all-time, immediately following the announcement of its flagship sedan, the NIO ET7. On Thursday, YouTube channel Mr. P – Nio Videos uploaded a new video featuring the NIO EC6, and showing off its brand new auto-park and summon features. The features downloaded to the vehicle through a recent […]
EV Market is Tesla’s World, Everyone Else is Paying Rent Says Analyst [VIDEO]
Following a successful NIO Day event, with the launch of its ET7 Sedan and its stock subsequently reaching an all-time high, there are questions as to NIO’s role in taking on electric vehicle (EV) tech giant Tesla (TSLA) in China, the former’s home market. On Monday, Wedbush analyst Daniel Ives was featured on TD Ameritrade’s […]
NIO Stock Hits All-Time High Following ET7 Announcement
Chinese electric vehicle (EV) maker NIO unveiled its first sedan on Sunday, the ET7, which resulted in its shares outperform most of its automaker peers on Monday. After sharing the ET7 and its solid-state battery pack, NIO’s shares reached an all-time high of $66.99 on Monday while other stocks, including Tesla, saw a major decline […]
NIO Unveils ET7 in China, its First Electric Sedan
At the NIO Day 2020 event for shareholders and consumers held earlier today, Chinese electric vehicle (EV) maker NIO launched its first all-electric sedan — the NIO ET7. The vehicle is equipped with a dual-motor system configured for all-wheel-drive, capable of a maximum power output of 480 kW and a peak torque of 850 Nm. […]
China’s NIO Launching Flagship EV Sedan on January 9
All-electric vehicle (EV) manufacturers must start somewhere – and many, like NIO, are already starting off on a better foot than legacy automakers like Ford. After announcing record-high numbers for 2020 deliveries, Chinese EV startup NIO has shared plans to launch its flagship sedan on January 9. The automaker, a direct competitor to US-based Tesla […]