NIO∗ Archives - Pandaily

NIO CEO: 10% Position Cut by End of the Month

Pandaily — Fri, 03 Nov 2023 10:05:57 +0000

In a memo addressed to the entire company, NIO CEO Li Bin mentions that the company plans to reduce approximately 10% of positions, and the specific adjustments will be completed in November.

NIO Files Trademark Application for In-House Chips, Mass Production Set for This Month

Pandaily — Tue, 17 Oct 2023 03:12:15 +0000

NIO is currently applying to register "NIO Yang Jian" as a trademark for its self-developed chip, which will be mass produced earliest this month.

Mihoyo Invests in Nuclear Fusion, the ‘Honghuang 70’ Tokamak Main System Deliveres

Pandaily — Tue, 10 Oct 2023 03:21:43 +0000

FusionEnergy issued an announcement stating that the main system of the 'Honghuang 70' Tokamak device was completed and delivered.

NIO Phone Receives First OTA Upgrade

Pandaily — Thu, 28 Sep 2023 09:14:52 +0000

On September 28th, the NIO Phone has received its first OTA upgrade since its release.

NIO’s “App Store” Launches on September 22nd with 40+ Apps

Pandaily — Thu, 21 Sep 2023 02:37:18 +0000

NIO intelligent cockpit launches “App Store”, over 40 apps will be available starting tomorrow.

NIO Phone Prototype: Curved Back and Large Camera Module

Pandaily — Mon, 11 Sep 2023 10:53:13 +0000

NIO reveals phone prototype with curved back and large camera module.

NIO’s Qin Lihong: EC6 Model on September 15th, NIO Phone on September 21st

Pandaily — Tue, 05 Sep 2023 06:59:52 +0000

NIO unveils dual release: EC6 Model on September 15th, NIO Phone on September 21st.

NIO Capital Leads Investment in Mavel for Next-Gen Platform Components

Pandaily — Thu, 10 Aug 2023 11:22:27 +0000

On August 10th, according to an announcement on the "NIO Capital" website, NIO Capital recently led the Series A financing for electric drive solution provider "Mavel".

NIO Announces Price Reduction and Adjustments to Owner Benefits

Pandaily — Mon, 12 Jun 2023 03:32:35 +0000

On June 12, Chinese electric vehicle (EV) manufacturer NIO has announced a price adjustment across its entire range of vehicles and a change to the benefits for first-time car owners.

NIO and XPeng Create Social Media Accounts for Legal Departments to Address Negative News

Pandaily — Wed, 10 May 2023 01:46:40 +0000

Two Chinese electric vehicle manufacturers, NIO and XPeng, have launched official social media accounts for their Legal Departments on Weibo, a Twitter-like platform. This move follows similar actions taken by competitors such as Li Auto, Tesla, and BYD.

Chinese EV Makers Unveil Delivery Volumes in April

Pandaily — Thu, 04 May 2023 02:49:47 +0000

In April, Chinese automakers' delivery results revealed that Li Auto delivered more vehicles than NIO and XPeng combined. Additionally, the new energy vehicle brands of traditional car companies are experiencing a consistent upward trend in sales.

NIO to Launch Two Sub-Brands by End of Next Year

Pandaily — Sun, 23 Apr 2023 15:19:38 +0000

Chinese new energy vehicle maker NIO recently revealed its plans for future products.

Employee Reveals Overwork Culture at NIO

Pandaily — Sun, 23 Apr 2023 03:11:08 +0000

A female employee at NIO has disclosed that the Chinese electric vehicle manufacturer's business volume has significantly increased in the last six months, resulting in severe overtime situations.

Xiaomi Founder Lei Jun Visits EV Makers’ Booths at Auto Shanghai 2023

Pandaily — Thu, 20 Apr 2023 00:59:51 +0000

On the second day of Auto Shanghai 2023, Xiaomi founder Lei Jun visited several electric vehicle makers' booths including NIO, XPeng, Geely's Zeekr and HiPhi.

NIO CEO William Li: NIO Phone Values Connection and Collaboration with Vehicles

Pandaily — Mon, 10 Apr 2023 14:41:32 +0000

During a media communication meeting held on April 10, William Li, CEO of Chinese automaker NIO Inc., talked about the NIO Phone.

Top Executives of Automakers Share Views at China EV100 Forum

Pandaily — Mon, 03 Apr 2023 02:55:39 +0000

The China EV100 Forum took place on April 1, with several representatives from car manufacturing companies in attendance. They delivered speeches and shared their perspectives on a range of topics including the global automotive industry, new energy vehicles, and the development of intelligent connected vehicles.

Chinese EV Manufacturers Unveil Impressive Delivery Volume in March

Pandaily — Mon, 03 Apr 2023 02:36:07 +0000

Chinese electric vehicle manufacturers have recently reported their delivery volumes for March, showing that the auto market in China began to recover in March as demand for cars increased.

NIO Announces Findings of Sexual Assault Investigation

Pandaily — Tue, 21 Mar 2023 03:32:45 +0000

On March 20, Chinese leading electric vehicle maker NIO released a report on its internal investigation regarding the dismissal of a former intern who claimed to have been sexually assaulted and subjected to unfair treatment while employed at the company.

NIO’s Insurance Brokerage Company Closed

Pandaily — Wed, 15 Mar 2023 09:45:00 +0000

NIO's insurance brokerage company, established in January 2022, recently initiated a simple cancellation. The registered capital of the company is 50 million yuan ($7.25 million).

Former NIO Intern Claims Unfair Treatment after Sexual Assault

Pandaily — Mon, 06 Mar 2023 04:02:14 +0000

Chinese leading electric vehicle maker NIO became a central topic on Chinese social media over the weekend after a former intern said she was sexually assaulted and then treated unfairly while working at the company.

NIO Recruits Talent from Apple and Panasonic for Battery Business

Pandaily — Fri, 03 Mar 2023 11:25:24 +0000

Chinese electric vehicle maker NIO is looking for talent for its battery-making operations. Two executives from Apple and Panasonic have joined the company.

Chinese EV Makers Report February Delivery Volumes

Pandaily — Thu, 02 Mar 2023 06:12:49 +0000

With the gradual economic recovery in China following the Spring Festival holiday and the COVID-19 outbreaks, electric vehicle sales showed growth in February.

NIO Builds Battery Factory to Support 400K EVs Per Year

Pandaily — Tue, 28 Feb 2023 05:26:47 +0000

At the 2023 NIO Battery Partner Forum held on February 24, the Chinese electric vehicle maker announced the commencement of construction of the first phase of its subsidiary industrial base in Hefei, Anhui Province.

NIO’s Sub-Brand Alpine Targets Monthly Delivery of 50K Units

Pandaily — Thu, 23 Feb 2023 04:51:02 +0000

Alpine, a sub-brand of Chinese electric vehicle maker NIO aimed at consumers with a budget between 200,000 yuan ($29,019) and 300,000 yuan ($43,528), will be rolled out through new sales channels.

NIO’s New Factory to Produce EV Models from Third Sub-Brand

Pandaily — Tue, 21 Feb 2023 07:29:22 +0000

Chinese electric vehicle maker NIO's new factory will be located in Chuzhou Economic Development Zone, Anhui Province, a province in the East of China, to produce EV models from the company's third brand.

Commercial Vehicle Manufacturer Newrizon Secures Series B+ Financing from NIO Capital

Pandaily — Mon, 20 Feb 2023 05:16:19 +0000

On February 20, Newrizon, a smart new energy commercial vehicle company in China, announced that it had received a Series B+ round financing of over 100 million yuan ($14.6 million) from NIO Capital.

Battery Giant CATL Cuts Prices in China

Pandaily — Fri, 17 Feb 2023 10:12:36 +0000

Chinese battery giant CATL is taking the initiative to implement a battery price reduction plan for key car companies, and put forward a price reduction requirement of about 10% to its raw material suppliers.

NIO Test Drive Crash Causes One Death and One Serious Injury

Pandaily — Wed, 15 Feb 2023 03:54:23 +0000

An accident involving a NIO vehicle in Shanghai has led to one death and one serious injury, sparking much discussion on Chinese social media. The electric vehicle suddenly accelerated onto the sidewalk during a prospective buyer's test drive.

NIO Reduces Prices, Maximum Drop of Nearly $14,892

Pandaily — Thu, 02 Feb 2023 08:16:35 +0000

Chinese electric vehicle maker NIO began reducing its prices recently, starting with the ES6, ES8, and ES7 models. This promotion plan was first announced at the company's regular meeting on the morning of February 1.

Chinese EV Industry Concludes Challenging January

Pandaily — Thu, 02 Feb 2023 02:44:37 +0000

Many Chinese electric vehicle manufacturers published their first performance reports of the new year on February 1. Affected by the recent Spring Festival holiday, delivery figures in January were generally unsatisfactory.

XPeng Plans to Release Two New EVs and Deliver 200K Units in 2023

Pandaily — Sun, 29 Jan 2023 03:07:39 +0000

On January 28, the first official working day following China's Spring Festival period, He Xiaopeng, Chairman and CEO of electric vehicle firm XPeng, issued an internal letter to all employees in which he briefly reviewed the previous year and put forward new plans for 2023.

NIO Veteran Zhou Xin Takes Over Whole Vehicle Engineering

Pandaily — Thu, 19 Jan 2023 07:50:16 +0000

Danilo Teobaldi has stepped down as vice president of automotive engineering for NIO, transferring to become the firm's chief engineer in Europe. Meanwhile, Zhou Xin, NIO's Executive Vice President and Chairman of Product Committee, will take over the post.

CATL and UL Solutions Join Forces to Advance Battery Safety and Performance

Pandaily — Wed, 18 Jan 2023 08:21:09 +0000

On January 17, Chinese battery giant CATL and global leader in applied safety science UL Solutions announced a new MOU for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle batteries.

NIO to Develop Electric Vehicle Priced at Over $147K

Pandaily — Tue, 10 Jan 2023 05:05:39 +0000

NIO Capital will invest tens of millions of US dollars in electric vehicle startup Zhixing. William Li, the founder and chairman of NIO, once said internally that incubating this project is the firm's "strategic layout in specific market segments."

NIO Founder Points Out Eight Problems Faced Last Year

Pandaily — Thu, 05 Jan 2023 09:59:20 +0000

2022 was a turbulent year for the Chinese electric vehicle industry. William Li, Chairman and CEO of NIO, sent a letter to all employees on the first day of the new year, listing eight problems that need to be settled.

Li Auto Aims at Monthly Delivery of 40,000 EVs

Pandaily — Thu, 05 Jan 2023 08:44:07 +0000

Li Auto, a Chinese electric vehicle company, delivered 21,233 new cars in December of last year, an increase of 50.7% year-on-year. Now, the firm expects that the monthly delivery volumes in 2023 may hit 40,000 units.

NIO’s Third-Gen Battery Swap Station and 500kW Charger to Be Built in March

Pandaily — Wed, 04 Jan 2023 08:27:50 +0000

The third-generation battery swap station and 500kW ultra-fast chargers of Chinese new energy vehicle firm NIO will be deployed in March of this year. The firm also intends to build over 1,700 battery swap stations and over 20,000 power chargers in China.

Chinese EV Firms Unveil 2022 Delivery Volume

Pandaily — Tue, 03 Jan 2023 04:52:58 +0000

As the new year commences, China's top electric vehicle manufacturers have been announcing their delivery volume for the final month and entire year of 2022, a challenging period marked by repeated pandemic-induced lockdowns and supply chain shortages.

Guangzhou International Automobile Exhibition Sees Huge Gathering of Automakers

Pandaily — Fri, 30 Dec 2022 14:09:18 +0000

On December 30, the 20th Guangzhou International Automobile Exhibition officially opened and attracted many car companies that hope to stimulate consumers' enthusiasm for buying cars during the New Year's Day holiday.

NIO Lowers Q4 Delivery Forecast

Pandaily — Wed, 28 Dec 2022 03:42:25 +0000

Chinese electric vehicle maker NIO announced on December 27 that due to skyrocketing COVID-19 cases across the country, the company now estimates that 38,500 to 39,500 vehicles will be delivered in the fourth quarter of this year.

NIO Releases EC7 and ES8 EVs, Unveils Third-Generation Battery Swap Station

Pandaily — Mon, 26 Dec 2022 03:50:49 +0000

On December 24, Chinese automotive firm NIO released electric flagship coupe SUV EC7 and all-new electric flagship SUV ES8. The firm also unveiled its third-generation battery swap station and commented on its mobile phone business and a recent data leakage incident.

Some NIO Manufacturing Assets to be Acquired by JAC Motors

Pandaily — Thu, 22 Dec 2022 13:30:00 +0000

JAC Motors, a Chinese automobile and commercial vehicle manufacturer, announced on December 22 that it plans to acquire some of the project assets (including equipment and tooling assets) held by a subsidiary of NIO in China's Anhui Province.

NIO to Unveil Third-Generation Battery Swap Station on Dec 24

Pandaily — Wed, 21 Dec 2022 09:50:00 +0000

Chinese new energy vehicle firm NIO has announced that it will unveil its third-generation battery swap station during NIO Day 2022 on December 24.

NIO CEO William Li Apologizes for User Data Leakage

Pandaily — Wed, 21 Dec 2022 04:36:26 +0000

Long Lu, Chief Scientist at NIO, issued a statement on December 20 confirming the recent theft of user data and the extortion of $2.25 million in bitcoin. In the evening, William Li, the founder, chairman and CEO of the firm, apologized for the incident.

NIO’s User Data Stolen, Blackmailed For $2.25M

Pandaily — Tue, 20 Dec 2022 11:19:21 +0000

Some data linked to users' personal privacy of Chinese new energy vehicle maker NIO was stolen by criminal gangs. Regarding this, Long Lu, the Global Head of Digital Safety & Security at NIO, issued a statement on December 20 and confirmed the incident.

Spy Photos Exposed of NIO EC7 and Shooting Brake Version of ET5

Pandaily — Tue, 20 Dec 2022 10:01:13 +0000

The founder of Chinese electric vehicle maker NIO has said that the company will launch new products during "NIO Day" on December 24. On December 19, spy photos of the firm's EC7 model and ET5 shooting brake version were exposed.

NIO Acquires Insurance Brokerage Firm to Enhance Services

Pandaily — Tue, 20 Dec 2022 04:12:17 +0000

Chinese electric vehicle maker NIO, which set up a subsidiary insurance brokerage firm at the beginning of this year, has recently acquired another insurance company that was established eight years ago.

Photos of New NIO ES8 Electric SUV Unveiled

Pandaily — Thu, 15 Dec 2022 13:29:23 +0000

The configuration information and photos of the new NIO ES8 electric SUV appeared on December 14. According to Qin Lihong, co-founder and president of NIO, the new car will be launched on NIO Day 2022 on December 24.

XPeng Plans to Launch MPV, SUV and Modified Version of P7 in 2023

Pandaily — Wed, 14 Dec 2022 12:04:15 +0000

Chinese electric vehicle maker XPeng plans to launch three new models in 2023, namely, the modified version of the hot-selling model P7, an SUV model with internal code F30, and an MPV model with internal code H93.

NIO Plans to Launch Ultra-Luxury Vehicle for Over $144K

Pandaily — Wed, 14 Dec 2022 10:17:09 +0000

A NIO insider familiar with the firm's new high-end vehicle project disclosed that "NIO is going to make its own 'Maybach'."

Enovate to Build EV Factory in Saudi Arabia as China Sales Slump

Pandaily — Tue, 13 Dec 2022 08:38:23 +0000

Enovate, a Chinese new energy vehicle manufacturer that has struggled in its home market recently, announced the establishment of a joint venture with Saudi Arabia's Sumou Holding on December 12.

NIO President Qin Lihong Believes Firm Has Advantage in China’s High-end EV Market

Pandaily — Mon, 12 Dec 2022 13:17:45 +0000

Qin Lihong, co-founder and president of NIO, said at a media communication meeting held on December 12 that NIO had an advantage in the sales volume of high-end electric vehicles worth over 400,000 yuan ($57,348) in China in November.

XPeng’s Company Structure Faces Challenges Amid Low EV Delivery

Pandaily — Fri, 02 Dec 2022 13:30:47 +0000

Chinese electric vehicle maker XPeng sold less than 10,000 units in both October and November, falling behind its rivals. Behind these challenges are reportedly organizational deformities.

Halting of NEV Subsidies Causes Profit Pressure for Chinese Automakers

Pandaily — Fri, 02 Dec 2022 04:32:05 +0000

The new energy vehicle subsidies issued by the Chinese government for the past 13 years are scheduled to end this year. However, the vast majority of domestic NEV enterprises have not yet achieved profitability, and are still investing in large-scale research and development.

Li Auto and NIO’s Vehicle Deliveries in November Reach New High

Pandaily — Thu, 01 Dec 2022 14:17:03 +0000

On December 1, a number of Chinese new energy automobile enterprises announced their new vehicle deliveries data for the month of November. Performance varies, but most of achieved year-on-year sales growth.

NIO and Tencent to Cooperate on Intelligent Driving

Pandaily — Tue, 29 Nov 2022 05:07:54 +0000

Chinese electric vehicle firm NIO and internet giant Tencent signed a strategic cooperation agreement in Shenzhen on November 28. Under the deal, the two sides will carry out in-depth cooperation in the fields of autonomous driving cloud technology, intelligent driving maps and digital ecology.

NIO Resolving Slow Growth of EV Production Capacity

Pandaily — Mon, 28 Nov 2022 04:54:53 +0000

William Li, the co-founder and CEO of Chinese electric vehicle firm NIO, offered insight regarding user experience, supply chains, production capacity, and recent progress of the firm's mobile phone business.

NIO Starts Selling Coffee, Applies for Related Trademarks

Pandaily — Fri, 25 Nov 2022 10:05:09 +0000

China's automobile and coffee industries have been getting closer and closer lately. In October of this year, domestic electric vehicle maker NIO applied for several trademarks related to coffee in a bid to search for new growth points.

BYD Denies Rumors About Progress of Solid-State and Sodium-Ion Batteries

Pandaily — Tue, 22 Nov 2022 09:17:52 +0000

On November 22, Chinese electric vehicle maker BYD denied recent rumors that its solid-state batteries are about to be loaded into vehicles and that its sodium-ion batteries are entering the test stage.

How Are Traditional Chinese Carmakers Like Geely Outperforming NIO, XPeng and Li Auto?

Pandaily — Wed, 16 Nov 2022 05:20:56 +0000

Recent years have witnessed a new generation of electric vehicle companies chip away at China's auto market share, and traditional car firms are gradually conforming to the trend with the launch of their own new energy sub-brands.

NIO’s Q3 Revenue Up 32.6% YoY, Five New Cars to Be Unveiled Next Year

Pandaily — Fri, 11 Nov 2022 04:25:00 +0000

On November 10, Chinese electric vehicle maker NIO released its financial report for the third quarter of 2022. The company achieved revenue of 13.002 billion yuan ($1.81 billion) in the period, up 32.6% year-on-year and achieving positive growth for 10 consecutive quarters.

XPeng Finishes Restructuring and Fires Small Number of Employees

Pandaily — Thu, 10 Nov 2022 09:00:00 +0000

Internal adjustments to the organizational structure of Chinese electric vehicle maker XPeng are nearing an end, and some departments have implemented small-scale layoffs.

NIO ET7 Wins Golden Steering Wheel Award in Germany

Pandaily — Thu, 10 Nov 2022 08:01:29 +0000

NIO's ET7 electric vehicle model was granted this year's Golden Steering Wheel award in the "Medium and Upper Class" category by German magazine Auto Bild on November 9, becoming the first car from a Chinese firm to win the award.

NIO’s EV Factories in Anhui Resume Production

Pandaily — Thu, 03 Nov 2022 08:20:00 +0000

Due to COVID-19 pandemic prevention requirements, two NIO automobile factories in Hefei, China's Anhui Province, have recently stopped production, causing delays to delivery. The latest report shows that production has now resumed.

Chinese EV Maker NIO to Develop Smartwatches

Pandaily — Wed, 02 Nov 2022 05:06:05 +0000

NIO, a leading Chinese electric vehicle manufacturer, recently released recruitment information for a job posting entitled "Product Manager of Smartwatches."

NETA Auto Led China’s EV Market in October

Pandaily — Wed, 02 Nov 2022 04:45:00 +0000

On November 1, NETA Auto, Li Auto, NIO, XPeng and other Chinese electric vehicle firms successively announced their delivery data for October. NIO, XPeng and Li Auto have been gradually surpassed by latecomers.

NIO’s Vehicle Factory Suspends Production Due to Pandemic, Deliveries Affected

Pandaily — Tue, 01 Nov 2022 14:56:34 +0000

Due to COVID-19 pandemic prevention requirements, two factories in Hefei, Anhui Province of NIO, a leading Chinese new energy automobile manufacturer, have stopped production recently. As a result, delivery of its models will be delayed.

NIO Pilots New Battery Swapping Service Based on Daily Charging

Pandaily — Fri, 28 Oct 2022 13:44:00 +0000

On October 27, Chinese electric vehicle maker NIO upgraded its battery swap service and started a new pilot program. NIO car owners can now use a larger battery pack through a paid service on a daily basis.

NIO Invests $273M to Set Up Battery Tech Firm

Pandaily — Tue, 25 Oct 2022 09:26:00 +0000

A new entity called NIO Battery Technology (Anhui) Co., Ltd. was established on October 21, with NIO founder William Li serving as chairman and with registered capital of 2 billion ($273 million). The company is 100% controlled by EV firm NIO.

Li Auto’s AI Algorithms Team Leader to Leave Post

Pandaily — Tue, 25 Oct 2022 08:30:00 +0000

Simon Wang, the head of AI algorithms for intelligent driving and the chief scientist for AI at Li Auto, will leave his job in the near future. Wang is mainly responsible for the research and development of AI algorithms for applications such as intelligent driving perception and maps.

NIO to Offer Purchasing Option in Four European Countries from Nov 21

Pandaily — Mon, 24 Oct 2022 05:22:56 +0000

On October 21, Chinese new energy vehicle firm NIO announced that it will offer a purchasing option for its ET7, EL7 and ET5 vehicle models in Germany, the Netherlands, Denmark and Sweden from November 21, to start delivery in early 2023.

XPeng Adjusts Organizational Structure to Reverse the Downward Trend of Vehicle Sales

Pandaily — Fri, 21 Oct 2022 13:45:00 +0000

Chinese electric vehicle maker XPeng is adjusting its organizational structure. The restructuring started about a week ago and is still in progress. It is expected that new appointments will be announced in the next week.

NIO Opens Delivery of ET7 to Four European Countries

Pandaily — Tue, 18 Oct 2022 08:49:00 +0000

Chinese electric vehicle maker NIO has successively launched ET7 deliveries and test driving services in Germany, the Netherlands, Denmark and Sweden.

Pop-up Advertisements in Vehicle Systems Trigger Safety Concerns

Pandaily — Mon, 17 Oct 2022 14:42:00 +0000

Recently, FAW-Volkswagen, Mercedes-Benz and other car companies have trended on Chinese social media because of their pop-up advertisements displayed in their vehicle systems. In fact, Great Wall Motor's HAVAL and NIO car owners have posted a few times about the same problem.

Ferrari, Audi, Porsche Move into New Fields in China

Pandaily — Fri, 14 Oct 2022 12:40:00 +0000

Italian sports car manufacturer Ferrari opened its first official clothing online store on China's e-commerce platform Taobao. The most expensive item is a gray women's mid-length trench coat, priced at 44,500 yuan ($6,187).

German Auto Parts Supplier ZF Group Reaches Deal With China’s NIO

Pandaily — Fri, 14 Oct 2022 12:11:59 +0000

On October 11, ZF Friedrichshafen AG, also known as ZF Group, the world's leading automotive technology supplier, signed a strategic cooperation agreement with NIO, a Chinese new energy brand, in Munich, Germany.

Chinese Auto Brands Are Surpassing Global Firms Like BMW, Mercedes and Audi

Pandaily — Fri, 14 Oct 2022 05:54:52 +0000

According to data released by the China Passenger Car Association, the cumulative retail share of Chinese car brands in the first three quarters of this year was 47.0%, up 7.5% year-on-year. International luxury brands and joint ventures are now showing downward trends in China.

CEO William Li: NIO to Achieve Profitability in Shorter Time Than Tesla

Pandaily — Thu, 13 Oct 2022 05:55:52 +0000

Following lively debate regarding the initial decision by Chinese automotive firm NIO to provide vehicles in four new European markets on a lease-only basis, remarks made by CEO William Li have once again entered the spotlight.

NIO to Introduce Purchasing Option in Four European Countries

Pandaily — Mon, 10 Oct 2022 05:44:00 +0000

Chinese EV firm NIO launched in four European countries last week under a lease-only business model. Firm founder William Li admitted that the company had underestimated local consumers' enthusiasm and said it will be possible to make vehicle purchases in the four countries.

NIO, XPeng and Li Auto Make Further Chipmaking Progress

Pandaily — Sun, 09 Oct 2022 05:12:52 +0000

A group of China's top new energy vehicle makers including NIO, XPeng Motors and Li Auto have all been researching the development of their own automated driving chips.

NIO Targets Four European Markets With Launch of Three EVs

Pandaily — Sat, 08 Oct 2022 04:36:00 +0000

Chinese electric vehicle company NIO unveiled its ET7, EL7 and ET5 models for sale in Germany, the Netherlands, Denmark, and Sweden at a European launch event held in Berlin on October 7.

BYD’s Q3 Vehicle Sales Surpass Tesla

Pandaily — Fri, 07 Oct 2022 03:32:00 +0000

Chinese automaker BYD outsold Tesla by nearly 200,000 vehicles globally in the third quarter of 2022, according to the latest data released by the two companies.

NIO Starts Delivery of ET5

Pandaily — Fri, 30 Sep 2022 12:33:00 +0000

NIO's second sedan ET5 officially started delivery in cities including Shanghai and Suzhou. Aiming at the pure electric, mid-sized luxury vehicle market, the ET5 will compete against products such as the Tesla Model 3 and BMW 3 Series.

NIO Launches First Battery Swap Station in Germany

Pandaily — Thu, 29 Sep 2022 05:44:58 +0000

NIO, one of China's leading new energy vehicle firms, announced on September 29 that its first battery swap station in Germany has officially been launched in Zusmarshausen.

Leapmotor Listed in Hong Kong, Unveils C01 EV Model

Pandaily — Thu, 29 Sep 2022 03:34:00 +0000

Chinese electric vehicle startup Leapmotor was officially listed in Hong Kong on September 29, with an opening price of HK$41 ($5.22) per share, 14% lower than its issue price of HK$48 ($6.11).

NIO Invests in Argentinian Lithium Mining to Secure Supply

Pandaily — Tue, 27 Sep 2022 04:44:00 +0000

Australian mining firm Greenwing Resources announced on September 26 that it has reached a strategic financing agreement with electric vehicle firm NIO to accelerate exploration of a lithium salt lake project in Argentina.

Li Auto’s Expected Q3 Delivery Falls Over 5% to 25,500 Units

Pandaily — Tue, 27 Sep 2022 03:53:00 +0000

Chinese electric vehicle maker Li Auto now expects its deliveries for the third quarter of 2022 to total around 25,500 units, significantly lower than previous forecasts, the company stated on September 26.

NIO to Hold Launch Event on Oct. 8 to Enter European Market

Pandaily — Fri, 23 Sep 2022 04:42:00 +0000

Chinese electric vehicle maker NIO will hold its European launch event in Berlin on October 8, marking the firm's exploration of new business opportunities in Europe.

NIO Postpones Smartphone Launch to Next Year, Pursuing High-End Performance

Pandaily — Thu, 15 Sep 2022 07:45:00 +0000

On September 14, a Weibo blogger claimed that NIO's smartphone could have been released before the end of this year, but that its launch has been postponed until next year as company founder William Li pursues a high-end route for the new business.

Home Appliance Manufacturer Hisense Inks Cooperation With EV Maker NIO

Pandaily — Thu, 15 Sep 2022 04:07:00 +0000

Qingdao-based home appliance manufacturer Hisense signed a strategic cooperation agreement on September 13 with NIO, a leading Chinese electric vehicle company.

Why Did NIO, XPeng and Li Auto Together Lose Nearly $1.38B in H1?

Pandaily — Fri, 09 Sep 2022 04:49:42 +0000

As of September 7, three leading Chinese new energy vehicle (NEV) enterprises, including NIO, XPeng Motors and Li Auto, had successively released their financial reports for the first half of 2022. The combined losses of three firms amounted to nearly 9.6 billion yuan ($1.38 billion).

NIO Sees Large Increase of Net Losses in Q2