Volvo, Polestar owner partners with NIO for EV battery swapping
Up-and-coming Chinese EV maker NIO is partnering with Geely, the company behind Volvo, Polestar, and several other brands for EV battery swapping.
Expand Expanding CloseUp-and-coming Chinese EV maker NIO is partnering with Geely, the company behind Volvo, Polestar, and several other brands for EV battery swapping.
Expand Expanding CloseIn China. I didn’t want to bury the lede too far. Today, NIO and Changan Automobile announced the two companies had agreed to develop a joint standard for swappable EV batteries. NIO is the largest operator of swappable passenger EV batteries in the world, with over 2,000 battery swap stations in its home market of China, along with a small network in Europe. But today’s news is an important milestone for battery swapping regardless.
Expand Expanding CloseLess than a week after NIO USA’s CEO shared intentions for the Chinese automaker to enter North America by mid-decade, he has spoke again saying the company is still actually “debating” market entry. NIO EVs coming to the US still feels imminent, but the executive relayed that the automaker will need plenty of help to do so, adding uncertainty to that 2025 timeline.
Expand Expanding CloseUp-and-coming EV maker NIO aims to sell cars in the US by 2025. The company plans to import premium Chinese-made EVs to the US as it looks to expand its market.
Expand Expanding CloseChinese EV startup NIO revealed it will trim staff positions by 10% this month to improve profitability. NIO’s CEO, William Li, announced the news in an internal memo Friday, citing “fierce competition” in the EV market.
Expand Expanding CloseUp-and-coming Chinese EV maker NIO handed over the keys to the first EL6 driver in Europe. The new electric SUV is expected to play a significant role in NIO’s overseas expansion.
Expand Expanding CloseFour months after launching the ET5 in its native China, NIO has begun deliveries of the electric sedan in Europe. NIO’s latest model has begun simultaneously making its way to first customers in four separate markets, including Germany.
Expand Expanding CloseLess than six months after filing with the Chinese government to add solid-state batteries to three of its EV models, NIO has just filed to include the potentially game-changing technology to 11 more. With dozens of EVs powered by the lighter, safer, and more energy-dense cells, the automotive landscape overseas could soon look very different in that drivers can go further and charge faster.
Expand Expanding CloseEV automaker NIO continues to be the only passenger vehicle manufacturer to demonstrate the true potential of battery swap stations. Earlier today, the company live streamed its 30 millionth battery swap, hitting a milestone for the nascent technology, but also providing further evidence of how quickly NIO’s battery swap process is catching on amongst EV drivers.
Expand Expanding CloseSeveral leading Chinese EV makers, including BYD and NIO, posted strong sales results this week. NIO hit a new record in Q3, while BYD continued its dominant streak with record-breaking EV sales in September.
Expand Expanding CloseAnother German automaker may be looking to China for electric vehicle tech. A new report claims that Mercedes-Benz and NIO have discussed a potential EV tech partnership.
Expand Expanding ClosePioneering Chinese EV maker NIO denied a fundraising report Monday that claims that the company is considering raising $3 billion from investors.
Expand Expanding CloseAfter a year and a half of ambiguous updates and a swirling rumor mill, EV automaker NIO has officially launched its first-ever phone. The company shared extensive details of the new Android-based smartphone in China today, during its 2023 Innovation Day presentation that also included its own in-house developed chip to control LiDAR, and its own App Store.
Expand Expanding CloseUp-and-coming Chinese EV maker NIO’s stock is falling after announcing a proposed total of $1 billion in convertible senior notes on Monday.
Expand Expanding CloseDays after promising an official launch of its refreshed EC6 SUV, NIO has shared all pertinent details, including new design features inside and out, as well as what it will cost consumers. Following today’s launch event in China, the EV is already rolling out to customers in an unprecedented launch strategy.
Expand Expanding CloseA Chinese media outlet is reporting that EV automaker NIO is recruiting the help of battery systems manufacturer, SVOLT Energy Technology Co., Ltd. Several sources state that NIO is recruiting the assistance from SVOLT to assist in the development of its own in-house large cylindrical EV batteries, which has reportedly decelerated as of late.
Expand Expanding CloseThe European Union launched an investigation over Chinese EV subsidies as the global markets are “now flooded with cheaper electric cars.” European Commission President Ursula von der Leyen revealed the probe Wednesday, claiming Chinese EV makers benefit from state subsidies.
Expand Expanding CloseNearly four years after debuting its first-generation SUV model, NIO is on the cusp of officially unveiling its 2023 EC6 refresh and is poised to roll it out quickly. The revamped electric SUV will make its official launch this Friday with initial customer deliveries to begin almost immediately.
Expand Expanding CloseThe last NIO model to convert to the automaker’s second-generation platform, the EC6, was spotted ahead of its official debut in September. NIO’s CEO, William Li, believes the new EC6 “will be dominating the major market share” in its segment after launching.
Expand Expanding CloseThe first photos of NIO’s new “Alps” brand have allegedly emerged online. The new EV brand is designed to take NIO mainstream, positioning itself to compete with automaking giants like Toyota and Volkswagen in the mass-market segment.
Expand Expanding CloseEV maker NIO released what may be its most important electric car yet, the ES6, in May. Despite its compact size, the NIO ES6 electric SUV is already making a significant impact.
Expand Expanding CloseEV startup NIO is set to release its first smartphone, “NIO Phone,” in the third quarter of 2023, after passing the last major step needed to sell the device in China.
Expand Expanding CloseChinese EV maker NIO delivered over 20,000 vehicles in July, breaking a new monthly sales record. The success was driven by the new ES6, which broke NIO’s monthly sales record for a single model.
Expand Expanding CloseAs an American automaker, Tesla continues to grow its production footprint (and sales sheet) in China, but the same opportunities are not currently available to Chinese EV automakers, like NIO, hoping to enter the US market. NIO CEO William Li hopes that will soon change as both he and Elon Musk stress the need for improved relations between the US and China.
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