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...
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...
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,...
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...
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...
Automotive electrification facilitates the growth of new EV companies. According to DIGITIMES Research, emerging businesses tend to rely on contract manufacturers for car-making,...
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...
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...
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...
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...
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...
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...
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...
Nio has disclosed that it has signed a strategic partnership with Tencent to co-develop autonomous driving technology and high-definition mapping services.
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...
