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NEWS TAGGED NIO
Monday 13 February 2023
New Chinese automakers experienced delivery reduction; price war expected in 2023
New Chinese automakers have experienced a delivery reduction for January 2023 due to China's new energy vehicle (NEV) subsidies ending and a consumer slack season. In addition, Tesla's...
Thursday 2 February 2023
Emerging EV companies use contract manufacturing to break entry barriers, according to DIGITIMES Research
Automotive electrification facilitates the growth of new EV companies. According to DIGITIMES Research, emerging businesses tend to rely on contract manufacturers for car-making,...
Monday 30 January 2023
XPeng to roll out five models in 2023; Nio will deliver new-branded vehicles in 2024
Two China-based emerging EV companies, XPeng and Nio, have ambitious plans for the new year. XPeng aims to introduce five vehicle models in 2023. Nio is poised to accelerate the launch...
Wednesday 18 January 2023
CATL and Nio consolidate partnership for new brand and long-lasting battery
China-based battery giant CATL signed a comprehensive strategic agreement with EV maker Nio on January 17. The pair aims to work together on new brands and overseas expansion with...
Monday 9 January 2023
Market Cap 100: China-based car OEMs proceed on bumpy 2022
The year 2022 did not go easy on the automotive industry. Most companies saw their market capitalization shrink due to worldwide inflation, chip shortages and other supply chain disruptions...
Tuesday 3 January 2023
China's emerging EV makers finish 2022 with record December deliveries
China-based EV companies Nio, XPeng and Li Auto have released their latest delivery results. Li Auto and Nio both reported a record monthly delivery last month. The former topped...
Wednesday 28 December 2022
Nio curtails delivery outlook as China cancels Covid-19 restrictions
EV maker Nio announced on December 27 that it had lowered the delivery outlook for the fourth quarter of this year, as the pandemic impacted car production in China following latest...
Monday 26 December 2022
Nio's founder: 2023 sales will surpass Lexus' ICE models in China
China-based EV startup Nio launched two new SUVs on Christmas Eve. Deliveries are expected to start in the second quarter of 2023. William Li, the company's founder, chairman and...
Thursday 22 December 2022
Nio hit by data breach: car owners' information for sale online
China-based EV maker Nio recently suffered a data breach. Hackers obtained the personal information of Nio vehicle owners and employees, demanding the company to pay US$2.25 million...
Wednesday 30 November 2022
Tencent and Nio partner on autonomous driving technology
Nio has disclosed that it has signed a strategic partnership with Tencent to co-develop autonomous driving technology and high-definition mapping services.
Wednesday 26 October 2022
Great Wall Motor on track to build its own chips
Chinese automaker Great Wall Motor (GWM) has announced it will set up a fully-owned semiconductor subsidiary to foster its own chip design and manufacturing with a registered capital...
Wednesday 26 October 2022
Tesla Model Y now cheaper than XPeng, Nio SUVs in China
Tesla announced on Oct 24 that it is lowering the selling prices for Model 3 and Y in China.
Friday 14 October 2022
Can Chinese home-grown EV makers dominate overseas markets?
China, as the largest car market worldwide, has fostered many home-grown electric vehicle (EV) brands over the years . These carmakers are bringing their gusiness models overseas...
Tuesday 4 October 2022
China carmakers request 15-20% price cuts for chips in sufficient supply
With automotive chip shortages gradually abating, Chinese automakers reportedly have asked suppliers to cut prices by 15-20% on those chips not in short supply, looking to reduce...
Thursday 8 September 2022
Chinese EV maker Nio reports decreased 2Q22 margin, facing substantial delivery pressure in 4Q22
China-based EV startup Nio's total revenues reached CNY10.29 billion (US$1.54 billion) in the second quarter of 2022, a 21.8% increase from the previous year. However, the company's...