Nio

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.

American EV startup Lucid (LCID) is beginning preparations to enter the largest EV market globally. Newly hired Zhu Jiang, a former executive at NIO, Ford, and other high-profile automakers, revealed plans Thursday to lead the EV maker’s expansion into China.

NIO’s new ES6 already looks to be a key factor as the EV maker looks to expand its brand and compete in the booming Chinese electric vehicle market. According to Morgan Stanley, NIO hit a new year-to-date order intake record aided by the launch of the second-generation ES6.

Recovering demand in China’s booming EV market led to all major EV builders seeing a rise in sales over the last month. Although NIO was the exception, the EV startup began delivering its second-generation ES6 and is launching a new midsize electric tourer this month.

After launching the second-generation ES6 last week, new data shows NIO (NIO) collected nearly 30,000 pre-orders after three days on the market.

EV maker NIO officially launched the new ES6 electric SUV on Wednesday. Despite the ES6’s compact size, NIO expects significant results from its second-generation electric SUV.

Two years after announcing an initial partnership to implement EV battery swap stations together, NIO and Shell have opened their first station in Europe. The new location joins several swap stations already implemented in China, as both parties look to expand their footprint together on two separate continents.

NIO’s new “ET5 Orion” electric crossover was spotted in Norway during a press shoot, and at a glance, you may mistake it for a Porsche.

According to a recent filing with China’s Ministry of Industry and Information Technology, NIO intends to sell three existing EV models with expanded battery capabilities provided by solid-state battery developer WeLion. The filing matches with previous statements from NIO’s founder that consumers could see solid-state powered EVs this summer.

In an increasingly competitive electric car market, EV startup NIO believes it’s well-positioned to hit its goal of becoming profitable this year. NIO is set to launch two new brands, one of which will be aimed at VW in Europe with a starting price below 30,000 euros (about $33,165), but the EV startup has other plans to take on Tesla.

Emerging Chinese EV maker NIO announced Friday it has officially begun deliveries of its EC7 electric coupe SUV, deemed one of the most aerodynamic SUVs on the market. NIO’s new flagship coupe is poised to compete in an expanding premium electric SUV market along with the Polestar 3.

According to NIO’s CEO, William Li (Li Bin), Tesla has little influence over EV prices in China, unlike in the US, where it dominates the market.

Chinese EV automaker NIO has begun operations of its first EV battery swap station in the country of Denmark. The centrally located station will offer battery swap access to new NIO drivers in several European countries and brings NIO’s station total to twelve throughout the continent.

NIO (NIO) released its Q4 earnings Wednesday morning, and although EV deliveries continue growing, the company’s losses are also piling up.

Audi’s attempt to block NIO from using the names ES8 and ES6 in Europe just took a turn after the European Union Intellectual Property Office shot down the German automaker’s request.

Audi took Chinese EV maker NIO to court and won over the naming of its electric vehicles. The Munich Regional Court ruled that the name of NIO’s EV models were too similar and could be confused with an electric Audi.

EV automaker NIO and world leader in battery manufacturing CATL held a signing ceremony in China this week in which the two companies deepen an existing relationship in order to improve EV battery supply chains, advance new EV brands and their respective technology, all while expanding to new markets. Here’s the latest.

The world’s largest EV market, China, continues gaining momentum as automakers – domestic and foreign – are racing to claim their share in the auto industry’s future. Nio, Xpeng, and Li Auto, three Chinese EV leaders, reported strong delivery numbers in 2022 despite ongoing supply chain disruptions. Here’s a look at how their deliveries compared this past year.