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NEWS TAGGED NIO
Friday 14 July 2023
Nio CEO says the world should stop politicizing business, criticizing US protectionism
China-based automakers are asking the US to make its car market more friendly to them. William Li, founder and CEO of EV company Nio, said the world should be more open and not politicize...
Tuesday 11 July 2023
Cars with smartphone integration garner attention
The integration of upcoming vehicles and smartphones has garnered international attention; however, industry observers noted that Eastern and Western automakers are employing very...
Wednesday 28 June 2023
China auto market recovery remains insignificant
The recovery of the Chinese auto market is expected to be insignificant in June, according to statistics from the China Passenger Car Association (CPCA).
Wednesday 21 June 2023
Car and smartphone makers in China face dilemma with market crossover
When product autonomy is considered in the long run, it's not surprising to see carmakers and smartphone manufacturers in China vying to cross over into each other's market. However,...
Thursday 15 June 2023
Car sales start picking up in China
Auto vendors have resumed pulling in orders, although it is still unclear how the recovery will develop, according to sources at channel distributors in China.
Monday 12 June 2023
Nio sees margin drop in 1Q23; founder says breakeven point postponed to 2024
China-based EV company Nio saw margin declines in the first quarter of the year. While it will continue major R&D investments, the carmaker acknowledged that it had adjusted some...
Thursday 11 May 2023
Panasonic delays 4680 cell mass production; Nio poised to use semi-solid-state batteries
Tesla battery supplier Panasonic said on May 10 that it had rescheduled the mass production of 4680 battery cells to next year. On the other hand, China-based EV company Nio filed...
Tuesday 9 May 2023
China homegrown autonomous driving chips gaining ground in domestic market
China's automotive-grade chip suppliers Horizon Robotics Technology and Black Sesame Technologies are in a position to rival Nvidia and Texas Instruments (TI) in both high- and low-computing...
Wednesday 3 May 2023
Nio to equip EVs with NXP's 4D imaging radar technology
China-based EV company Nio will adopt NXP Semiconductors' 4D imaging radar technology, according to an announcement on May 2. Only last month, the carmaker invested in a domestic...
Thursday 27 April 2023
Nio invests China-based SiC startup Qingchun Semiconductor
As battery electric vehicles (BEV) are moving from 400V to 800V architecture, China-based new energy vehicle (NEV) brand Nio invested in China-based SiC startup Qingchun Semiconductor,...
Monday 10 April 2023
Huawei sticks to current vehicle strategy despite headwinds
As Huawei has come under US sanctions, it is therefore difficult for automakers in Europe, the US and Japan to choose Huawei as a main supplier, said Richard Yu, the company's executive...
Wednesday 22 March 2023
EV-maker Nio surges, says 'very confident' of hitting sales goal
Nio Inc. is "very confident" of meeting its target of doubling sales to 250,000 electric vehicles this year, Chief Financial Officer Steven Feng said, prompting the Chinese automaker's...
Friday 17 March 2023
Global EV market grows 55% in 2022 with 59% of EVs sold in China
Worldwide sales of electric vehicles (EV) increased 55% to 10.1 million units in 2022, according to Canalys. China was by far the largest EV market last year, accounting for 59% of...
Friday 17 March 2023
Nio signs new agreement with supplier to embrace Tier-0.5 model
China-based EV company Nio signed a strategic cooperation framework agreement with its supplier, Ningbo Tuopu Group, on March 16. The pair will collaborate on a "Tier-0.5" model,...
Thursday 2 March 2023
Nio sees vehicle margin drop in 2022, aiming to improve op. income in 4Q2023
China-based EV company Nio finished 2022 with growing revenue and more loss from operations. It said the increased loss was largely because of the lower order forecast for existing...