Nio

Another 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.

Pioneering Chinese EV maker NIO denied a fundraising report Monday that claims that the company is considering raising $3 billion from investors.

After 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.

Up-and-coming Chinese EV maker NIO’s stock is falling after announcing a proposed total of $1 billion in convertible senior notes on Monday.

Days 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.

A 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.

The 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.

Nearly 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.

The 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.

The 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.

EV 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.

EV 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.

Chinese 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.

As 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.

Shanghai-based EV maker NIO marked a significant milestone this week with its Navigate on Pilot (NOP+) advanced driver assist software now live in Beijing. NIO says its NOP+ ADAS was launched on expressways and urban expressways within Beijing’s fifth ring road.

Mere days after gathering over a dozen automakers building EVs in China to commit to a non-binding pledge to avoid further price wars, China’s Association of Automobile Manufacturers, at the advisement of the country’s Ministry of Industry and Information Technology, has retracted the pledge after quickly catching flack promoting potential monopolization.

Two and a half years after first sharing plans to implement a 150 kWh solid-state battery pack in its EVs, NIO appears poised to finally do just that. The automaker’s digital user manuals now feature specifications of the solid-state pack, supplied by WeLion – debuting on the upcoming ES6 SUV. The additional supports recent promises from NIO’s chief that customers in China will be able to select the energy-dense pack as early as this month.

A slew of automakers in China have banded together and pledged to regulate how they market their EVs and avoid further price wars to help stabilize a booming market for consumers. Chinese EV automakers like NIO, XPeng, and BYD have been joined by the likes of Tesla to promote healthy competition and less “bad blood” overseas.

Chinese EV automaker NIO has confirmed that a holding firm backed by the Abu Dhabi government is investing close to $740 million dollars in exchange for new Class A shares in the company. As a new minority shareholder, NIO intends to jointly pursue new global business opportunities and accelerate growth in new markets outside of China.

EV maker NIO has officially launched its first electric station wagon, the ET5 Touring. The electric tourer (or station wagon) is developed with the European market in mind and is set to rival BMW, Porsche, and other premium automakers in their home territory.

EV maker NIO revealed Monday it’s slashing prices on all of its models by $4,200 (30,000 yuan) in China in addition to ending free battery swapping services, effective immediately.