China’s Nio Produces EV Battery With 1,000 Km Range
In a significant development for the electric vehicle industry, China’s EV manufacturer NIO Inc. (NIO) has successfully developed a battery with a range of 1,000 km (621 miles). The live test drive, streamed by CEO William Li, showcased the E17…
Chinese EV Maker Nio gets US$2.2 billion Investment from Abu Dhabi Fund
CYVN Holdings, an investment fund controlled by the Abu Dhabi government, has invested US$2.2 billion in Nio, making it the first Middle East investor to take a substantial stake in a Chinese electric-car maker. Nio, one of China’s top three…
China EV Maker Nio to Spin off its Battery Production Unit
Chinese electric vehicle maker Nio plans to spin off its battery manufacturing unit, according to two people with knowledge of the matter, as part of the efforts by the company to turn profitable, reduce costs and improve efficiency. The nascent…
China’s Nio Teams up with Geely on Auto Battery Swapping
Chinese automakers Nio (9866.HK) and Zhejiang Geely Holding Group said on Wednesday they had signed a strategic partnership agreement on battery swapping that would see them work together on standards, technology and model development. The deal makes Geely, whose brands…
China’s Nio, Changan Auto to jointly develop battery-swapping EVs
Nio (9866.HK) said on Tuesday it would partner with Changan Automobile (000625.SZ) to develop battery-swapping electric vehicles, in an attempt by the loss-making Chinese EV maker to ease costs. The partnership will also see Nio and state-owned Changan on building…
The Chinese Company That Loses $55,000 on Every Electric Car It Makes
Chinese electric car manufacturer Nio continues to stay afloat despite having lost an estimated A$55,000 on every car it sold in the second quarter of this year. It’s one of many electric car companies that enjoys the backing of China’s…
Chinese EV Maker Nio Forecasts Sales Boom In Third Quarter As Demand For Smart Battery-Powered Cars Recovers
Chinese EV start-up Nio predicts its third-quarter deliveries will soar by as much as 80 per cent as it becomes the latest major electric-car builder on the mainland to benefit from a release of pent-up demand. The Shanghai-based company said in a…
NIO’s New ES6 Electric SUV Breaks EV Maker’s Monthly Delivery Record
NIO released the second-generation ES6 in May. Despite being compact in size, NIO is seeing big results from the new electric SUV. The EV maker announced in a press release on Tuesday that it delivered a record 20,462 vehicles in July, up 103.6% YOY…
Nio Leads the Way in Solid-State Batteries For Electric Vehicles
Chinese automaker Nio has become the first electric vehicle (EV) manufacturer to bring solid-state batteries to the mass market, announcing that its new ES6 SUV will be equipped with this advanced battery technology. The Rise of Solid-State Batteries Solid-state batteries…
Sales surge for three emerging Chinese Tesla competitors as BYD takes the lead.
Hong Kong, not only China-based BYD, which is now a formidable electric car-maker, but three other Tesla rivals have also seen their sales surge in June in China as demand for EVs comes back on track. According to a report in the South China…
