Nio
Nio to reach 600,000th car delivery milestone on Oct 11
The Nio brand will see its 600,000th vehicle delivery globally on October 11, meaning that the brand has delivered about 1,960 vehicles so far this month.
Nio to launch 3rd brand Firefly on Dec 21 at Nio Day 2024
Nio will launch its third brand, codenamed Firefly, on December 21 at Nio Day 2024, and the sub-brand's models will be displayed and sold in Nio's showrooms.
China EV insurance registrations for week ending Oct 6: Nio 4,500, Tesla 1,800, Xiaomi 3,800, BYD 67,600
Li Auto saw 8,700 insurance registrations last week, Xpeng 2,800, Zeekr 3,700, Leapmotor 3,500 and Aito 4,600.
Nio, CYVN form JV Nio MENA to tap Middle East and North Africa markets
Nio MENA will introduce Nio and its sub-branded models to Middle East and North Africa markets. Nio and CYVN plan to collaborate on a new EV program involving research, manufacturing and future product launches.
Nio sees 2nd-highest ever deliveries in Sept as Onvo starts contributing to volume
Nio delivered 21,181 vehicles in September, the second-highest on record, including 20,349 from the main Nio brand and 832 from Onvo.
Nio partners with UK firm Monolith for real-time AI battery testing
Nio is working with UK artificial intelligence software startup Monolith to test and improve battery packs in real time, with testing to begin soon in five European markets.
Deutsche Bank gives positive read on Nio China's new financing
New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
Nio announces $470 million investment in Nio China from strategic investors
Nio China has received a new investment of RMB 3.3 billion from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China.
Nio Onvo promises customers ordering L60s now will get deliveries within this year
Nio's sub-brand Onvo has promised that customers ordering L60s now will get deliveries within this year, saying that bottlenecks previously limiting capacity ramp-up are being quickly resolved.
Nio Onvo begins L60 deliveries
The Onvo L60 is currently only available with a 60-kWh battery pack, and deliveries of long-range vehicles with an 85-kWh pack are expected to begin in December.
