NIO (NIO) eyes rapid overseas expansion as low-cost Onvo EV brand carves out a new market
NIO (NYSE: NIO) plans to expand into 25 overseas markets by the end of next year. With its new lower-cost…
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NIO’s EV sales top 20,000 for the sixth straight month as new low-cost SUV shows promise
With its new electric SUV rolling out, NIO’s (NIO) sales topped the 20,000 mark again in Oct, its sixth straight…
NIO is launching a ‘much more competitive’ Onvo electric SUV soon
China’s NIO (NYSE: NIO) has a new secret weapon it’s about to unleash. After launching the first model of its…
Ultra-affordable EV sub-brand codenamed ‘Firefly’ to launch at NIO Day 2024 on December 21
Chinese EV automaker NIO has been teasing its third marque, codenamed “Firefly,” for quite some time now. Recently, executives at…
NIO delivered 832 Onvo L60 electric SUVs in just 3 days with a $21,000 starting price tag
China’s NIO (NYSE: NIO) delivered over 20,000 vehicles in September, its fifth straight month crossing the mark. In just three…
NIO (NIO) stock climbs after securing huge $470 million cash injection
China’s NIO (NIO) just received a $470 million cash investment as it prepares for its next growth stage. With the…
NIO’s (NIO) new low-cost electric SUV paves the way for a ‘brand revival’ analyst claims
NIO’s (NIO) new Onvo L60, starting at just $21,200, paves the way for a “brand revival,” according to Deutsche Bank…
NIO Onvo L60 launches with cheaper prices than expected starting at just $21,200
On Thursday, NIO officially launched its new Tesla Model Y rival, the Onvo L60. Starting at just $21,200 (149,900 yuan),…
NIO begins revamped EL8 SUV deliveries in Europe, despite imposed tariffs
Three months after opening up sales of its ES8 SUV in Europe, NIO has begun customer deliveries. The refreshed all-electric…
NIO beats Wall Street’s expectations in Q2 earnings and reports record-high EV deliveries
NIO has shared its unaudited Q2 financial results for 2024, which detailed record-high EV deliveries that helped the automaker snag…
NIO is opening 100 Onvo stores next week to sell its new $30K Tesla Model Y challenger
NIO is expanding into Tesla’s territory with its new mass-market Onvo brand. The brand’s first model, the Onvo L60, will…
NIO begins online presence for its expansion to the UAE ahead of a market launch later this year
Chinese EV automaker NIO is expanding its global presence, making headway in the United Arab Emirates (UAE) following a strategic…
NIO eclipses 50 million battery swaps, providing evidence that drivers prefer the charge method
NIO’s industry-leading battery swap technology is continuing to gain prowess as the Chinese EV company hits another milestone. Yesterday evening,…
NIO’s semi-solid state EV battery supplier ramps output as 621-mi range ET7 rolls out
NIO and its suppliers are forging a new path in China’s EV market. WeLion New Energy Technology, NIO’s semi-solid-state EV…
NIO launches EL8 in Europe amid looming tariff threats to Chinese-made EVs
Despite recently announced tariffs on Chinese-made EVs imported into Europe, NIO has officially launched its EL8 SUV overseas. It will…
Here’s how the new EU tariffs will impact Chinese EV makers like BYD and NIO
After concluding that EVs imported from China have an unfair advantage due to government subsidies, the European Commission said it…
NIO stock slides after Q1 results despite expected surge in Q2 EV deliveries
One of China’s brightest electric vehicle startups, NIO (NIO), reported a wider-than-expected Q1 loss. Although NIO expects EV deliveries to…
NIO is building its third EV plant as it can no longer meet demand
Who said EV sales were slowing? NIO kicked off construction on its third EV plant as the existing two can…
NIO’s new low-cost Onvo L60 EV could boost sales to +20,000 per month
The first model of NIO’s new low-cost Onvo brand, the L60 electric SUV, could lead to a sales surge, according…
NIO undercuts Tesla Model Y with new $30,000 L60 EV, kicking off cheaper Onvo brand
Chinese EV maker NIO launched the first EV under its new mass-market Onvo brand Wednesday. The new Onvo L60 electric…
NIO rolls 500,000th production vehicle off assembly line as the premium EV leader in China
Chinese premium EV developer NIO celebrated a production milestone this week, rolling its 500,000th passenger vehicle off its assembly line…
NIO signs a new agreement with GAC Group to co-develop battery standards, charging, and swaps
Two weeks after signing a similar strategic cooperation agreement with Lotus Technology, NIO has announced an additional agreement with China’s…
NIO begins public trials of its 150 kWh semi-solid-state battery packs ahead of a full rollout
Less than a month after beginning mass production of its new semi-solid-state battery packs, NIO has opened the technology to…
NIO and Lotus announce plans to co-develop unified battery standards, charging, and swaps
Two big names in EVs announced a new strategic cooperation during the 2024 Beijing International Auto Show. Lotus Technology and…
