Where Will NIO Be？

According to the official agreements signed between NIO Capital, the Hubei Yangtze River Industry Fund, and officials representing the Wuhan East Lake High-tech Development Zone, NIO Capital will be established in Wuhan, and fund the construction of the Yangtze River NIO New Energy Auto Industrial ...

Exclusive: NIO Seeks Funding for NIO Power

NIO is seeking a deal with investors that would invest billions of yuan in its spin-off NIO Power, according to China’s industry innovation platform iyiou.com. NIO’s founder and CEO Li Bin (李斌), co-founder and President Qin Lihong (秦力洪), Vice President of NIO Power Shen Fei (沈斐...

Talk with NIO: We Maintain Price Stability and Overall Efficiency Strategy

NIO (蔚来), China's answer to Tesla, is more than just a car manufacturer and focuses on user experience, especially when it comes to providing a holistic car ownership experience and providing services beyond the car.  The company’s approach is to start from the user’s ...

NIO in November 2020: Neutral Outlook amid Intensifying Market Competition

NIO announces a private placement, priced at USD 39 per ADSOn December 16, NIO completed the offering of 68,000,000 American Depositary Shares at USD 39 apiece. It has granted the underwriters in the ADS Offering a 30-day option to purchase up to an additional 10,200,000 ADSs. So the company could ...

NIO's Co-founder: NIO's Target Customer Group is Different to Tesla's

On August 14, Lihong Qin, the co-founder of NIO (NIO:NYSE) made a speech at the 2020 China Auto Forum to explain NIO’s business strategy and market position. According to Lihong, NIO’s model has a label price of CNY 450,000. In comparison, Tesla’s most popular model in the Chinese ...

NIO to Officially Launch ES8 in Norway on Sept 30, Local NIO House to Open on Oct 1

s exact specifications and pricing information will be known, Marius Hayler, general manager of NIO Norway, said Wednesday.This is a few days later than the company initially planned, as NIO co-founder and president Qin Lihong mentioned at the opening of the NIO House in Wuhan on September 5 that ...

NIO Co-launches AI Electric Scooter NIO Pal

British design firm Layer has teamed up with Chinese new car manufacturer NIO to design an electric scooter that uses artificial intelligence and machine-learning technology to automatically take you on your favourite route. The NIO Pal, which stands for "companion," is a "near ...

Brand-new Electric SUV ES6 is Firstly Launched on NIO Day 2018, to Be Another NIO Milestone

Dec 15, 2018, Shanghai /EqualOcean/ - NIO Day 2018, the annual conference of NIO Inc. (NYSE: NIO) with its hosts and guests, was held in Shanghai Oriental Sports Center. The important agenda for NIO Day 2018 is the first official introduction of its brand-new product ES6. Before introducing ...

NIO Releases 2022 ESG Report

The report indicates that in 2022, NIO invested a cumulative RMB 10.84 billion in R&D, a year-on-year increase of 136%, striving to provide a full-course experience beyond user expectations through technological innovation. NIO's quality inspection and monitoring of whole vehicle products ...

NIO officially enters the UAE market.

EqualOcean has learned that NIO（蔚来汽车） has announced the establishment of an advanced technology research and development center in Abu Dhabi, UAE, focusing on smart driving and artificial intelligence technology development to accelerate its globalization efforts. Additionally, NIO will ...

NIO Launches New Battery Solution

As a leader in the domestic electric vehicle production industry, NIO’s first model, the ES8, has been questioned about its driving range since it was released. NIO recently launched a new battery solution. According to the company’s announcement, users can choose to upgrade the ...

NIO Raises Third Debt Financing of 2020

NIO (NIO:NYSE), which is considered the Chinese rival of Tesla, has announced the completion of a USD 235 million funding ground by issuing short-term notes that convert into stock to several un-named Asian investment funds. The deal will close by Feb. 11, the company said. The firm raised a ...

NIO Restarting its Own Self-Driving Research

According to 36Kr, Jamie Carlson, vice president of autonomous driving in NIO North America, resigned in June and returned to Apple’s Special Projects Group. Apple’s car project 'Titan' actually came from this project team. In October 2016, Jamie Carlson left Apple...

NIO is Deep In Competitive Vortex

NIO China will be controlled by NIO. "It's unrealistic to expect a company like ours to make a big profit from the start. The long-term investment value of NIO is not fully understood by the market,"   Li said.  The latest news about Xpeng will no ...

NIO's New ET Preview Makes Debut

The preview version of NIO's latest model ET has been officially unveiled during the 2019 Automobile Shanghai. The new model shows the design concept of NIO in the field of the sedan, and the overall design of the new model is very slim and long. In terms of electric motor, ECU and power ...

NIO Upgrades Autopilot System and Smart Operating System

Chinese new car manufacturer NIO announced upgrades to its Pilot system and OS 2.0 smart operating system on June 10. Founded in November 2014, NIO now has more than 9000 employees worldwide. It has set up R&D and production facilities in 11 locations around the world, including ...

NIO Raises Another USD 100 Million

This USD 100 million round is similar to the one it raised recently, with two unaffiliated Asia-based investment funds to which NIO will issue and sell convertibles. The document from the firm stated that the closing of both placements is subject to satisfaction of customary closing conditions and ...

NIO Has No Plans to Join Price War

Li Bin, CEO of NIO (Chinese name:蔚来), said to the media that the company plans to maintain its current prices and will not slash prices like Tesla. The company will focus on improving user services such as battery swapping facilities and charging station construction.In the first quarter of 2023, ...

NIO Day 2020 to be Held in Chengdu

as the hosting city for NIO Day 2020. Besides, Qin Lihong, co-founder and president of NIO, has expressed that NIO is working overtime and is striving to release a new generation of flagship cars on NIO Day at the end of this year. According to existing news, the new vehicle will be ...

NIO Heard Voice of Doubts, Again

NIO (NYSE: NIO, 蔚来), a pioneer in making Electric Vehicles in China, was called as“China’s Answer to Tesla” or “the Copycat Tesla” by the public since the day it was founded. The company can never get rid of that label, at least for now. ZHANG Wei, the ...