Nio

As three premium EV models from NIO make their way to new markets in Europe, the Chinese automaker has already shared intentions to bring its second brand – still unnamed – overseas following its initial launch in China in 2024. The second NIO brand is expected to be a friendlier-priced, mass-market marque to further compete with other automakers in Europe.

Chinese EV automaker NIO has already rooted its flag in the soil of Europe, yet is still merely getting started with its plans to expand beyond its home turf. The company’s president recently shared that NIO plans to offer battery lease programs and a huge expansion of available swap stations as a strategy to entice more EU customers and gain a larger chunk of the growing EV market overseas.

Nio (NIO) released its Q2 earnings Wednesday morning as the Chinese EV maker enters a critical stage of development. With competition rising and the auto supply chain still in shambles, Nio’s losses are widening as it introduces several new EVs to the market.

Chip-making giant Nvidia (NVDA) released its Q2 earnings report on Wednesday, falling short of Wall St expectations. However, a bright spot in the report was Nvidia’s automotive segment, fueled by rising demand for new energy vehicles.

According to a recent Weibo post, EV automaker NIO is testing its latest generation of battery swap stations in China. Due to record temperature across the country causing energy blackouts, NIO has explained that some of its swap stations already have the technology equipped to act as “virtual power plants” supplying energy back to the local grid during peak hours.

Chinese automaker NIO has moved one step closer to delivering its long-promised ET7 sedan to markets in Europe, as the first batch of all-electric sedans has set sail from a port in China. NIO documented the loading of the EVs before they begin popping up in markets like Germany, and more. Check it out.

An ever-evolving stream of rumors continues to emerge from China around EV automaker NIO and what it will be delivering next. Following reports earlier this year that NIO would be developing its own phones, we’ve gathered the latest updates, as well as the automaker’s rumored plans for an additional brand aimed at delivering EV’s priced between $15,000-$30,000.

During NIO’s second annual Power Day event, the Chinese EV automaker spoke of its future of charging and battery technology, unveiling new 500 kW ultra-fast-charging piles in addition to a peek at its third-generation battery swap station. Here’s a quick recap of NIO Power Day 2022.

In 2022, electric vehicle sales continue to boom. Nearly all legacy automakers have set end dates for manufacturing new combustion vehicles and have begun introducing all-electric options into their fleets more and more. This year alone, the world will see over twenty new electric vehicle models ranging from most expensive, to rather affordable. Below is a list of which EVs are or will soon be available, and how expensive they are.

During an online event broadcast earlier today, Chinese EV automaker NIO delivered a robust presentation of product upgrades, existing model updates, and the official launch of its long anticipated ES7 SUV. The all-new ES7 is now available for pre-order in China and will come loaded with NIO’s latest EV tech.

According to a report out of China, EV automaker NIO is hiring a number of positions related to manufacturing vehicles in the US. The recruitment descriptions suggest the Chinese automaker intends to begin planning and erecting EV production facilities on US soil that may begin with either complete knock down (CKD) or semi-knock down (SKD) assembly methods.

Two years after launching its Battery-as-a-Service (BaaS) model, NIO has amended its program to allow those customers enrolled in battery swaps to opt out and purchase their EV battery. NIO states that its decision is based off feedback from consumers who regret their BaaS enrollment, but explains this group remains relatively small.

NIO is the only electric automaker that has successfully managed to make battery swapping part of its business. It is now reportedly in talks to license its battery swap stations to other automakers as it expands to Europe and the US.

Although NIO CEO William Li recently admitted the company is only in the research phase, he has confirmed the Chinese automaker is exploring the production of its own phones. By combining technology with humanity, NIO hopes to provide one holistic system for consumers’ daily lives – much like Apple, who NIO’s CEO sees as a potential rival in the future.

NIO moves ever-closer to delivering its ET7 luxury sedan. The company announced the first batch of EVs has officially rolled off its assembly line in Hefei, China. ET7 deliveries remain on schedule to arrive to NIO reservation holders in China beginning March 28.

Chinese automaker NIO has officially begun initial test drives for its electric luxury ET7 sedan. Chinese customers had their drive experiences at the NIO House in Hefei, Anhui province, ahead of ET7 deliveries scheduled for the end of this month.

Ford’s Chief Executive Officer, Jim Farley, recently spoke during a virtual auto tech conference held by Wolfe Research, in which he spoke about Ford’s plans for the future. During the webcast, the Ford CEO specifically named Tesla and NIO as its biggest competitors, vowing to beat them. He also denied previously reported rumors about Ford’s plans for spinoffs to increase value.

Chinese EV automaker NIO, recently shared images of production line verification prototypes of its upcoming ET5 sedan that recently rolled out at its facility in Hefei. The ET5 will arrive this fall beginning in China, although it should eventually see other markets as well. One of those markets could be Denmark, which sits as one of several new countries NIO intends to sell its EVs in, beginning in 2022.

Guangdong Hongtu Technology (GHT), a part supplier to Chinese EV automakers like NIO and XPeng, announced it will begin developing a 12,000-ton die-casting unit with the help of Tesla supplier LK Technology. Recent responses from representatives at NIO and XPeng hint that they might soon be using GHT’s large, one-piece die-casting machines to manufacture their own EVs.

Following confirmation of a new brand catered to battery swaps, CATL subsidiary CAES officially unveiled its EVOGO swap solution. In addition to implementing swap stations across ten Chinese cities to begin, CAES and EVOGO have also introduced modular battery blocks inspired by chocolate bars, and a coinciding app.

China’s leading battery manufacturer CATL recently shared news it is entering the market of battery swap technology for EVs, with a new brand called EVOGO, set to launch Tuesday. CATL has been teasing the new battery swap brand on its social media, ahead of the upcoming launch event in China.