China’s car sales expected to drop 10% in 2020, Nio founder says
China's auto sales will see a drop of at least 10 percent in 2020 compared to last year, Nio founder, chairman and CEO Li Bin said at an event today.
Tencent buys 1.68 million ADSs in Nio, increasing its stake to 15.1%
Tencent bought 1.68 million ADSs of Chinese electric car maker Nio through its wholly-owned subsidiary, Yellow River Investment Limited,…
Nio delivers a record 3436 new vehicles in May
Nio delivered 3,436 vehicles in May, up 215.5 percent year-on-year to a record high. Nio expects to meet its second quarter delivery target.
Nio says Tesla both a rival and an ally
Li Bin, founder of Nio, said the long-term growth potential of China's electric vehicle market remains despite increased competition from…
Nio has become a company with Chinese state capital with major shareholder change
According to Tianyancha, there was a change of shareholders of Nio Shanghai Automotive Co., Ltd. from Nio Nextev Limited to Nio (Anhui)…
Nio deliveries slip in Q1, shares plunge 13% pre-market
Nio's first-quarter revenue fell 15.9% year-over-year to 1.372 billion yuan, beating analysts' expectations of 1.287 billion yuan and…
Nio’s April deliveries up 180.7% year-on-year, shares up by over 5% pre-market
Nio's overall deliveries in April reached 3,155 units, an increase of 180.7% year-on-year and 105.8% from the previous month, doubling…
Nio President: Strategic investors are buying into Nio’s future
"The company is much happier today than it was when it first started, people don't even know who you are when you talk to them about…
Nio finalizes agreement to get 7 billion yuan strategic investment
Nio Morots has completed a final agreement to bring in strategic investors under which they will invest RMB 7 billion in Nio China.
Tesla does the opposite of Nio as Chinese subsidies roll back
As China's subsidies for new energy vehicles recede, Nio said the price spreads this creates for its potential customers will be borne by…