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…
Nio Said Not To Join China’s EV Price War. Now It’s Cutting $4K Across All Models
Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the world’s largest…
Chinese EV Maker Nio Invests In Nuclear Fusion Startup
The newly established company, Neo Fusion, will research and develop technologies that aim to bring controlled fusion for commercial uses globally in two decades, the source said. Bezos’ Blue Origin wins NASA contract to build astronaut lunar lander A team…
AUTOS Nio Reports Wider First-Quarter Loss As Covid Shutdowns In China Hamper Deliveries
Chinese electric-vehicle maker Nio lost $281.2 million in the first quarter, wider than the $68.8 million it lost a year ago, as it scrambled to keep pace with intense demand amid China’s recent Covid-related shutdowns. Here are other key numbers…
Nio Forced To Halt Production Due To Covid, Supply Chain Shortages
Chinese EV manufacturer Nio has been forced to suspend production due to local supply chain issues caused by the impact of further Covid-19 restrictions. Nio published a statement on its mobile app over the weekend explaining that “There will be…
China And The United States Are Battling For EV Dominance
Electric vehicles were the story of the year throughout 2020, but a battle in the EV industry could bust the market wide open in 2021. While Tesla was the one grabbing headlines in the United States, with over 700% gains…
China’s EV Funding War
US electric carmaker Tesla and its smaller Chinese rivals NIO and Xpeng Motors have been on a US$12 billion capital-raising drive over the past year as their share prices have soared, competing fiercely to attract investors to help fund the…
NIO Partners With NVIDIA To Develop A New Generation Of Automated Driving Electric Vehicles
NIO, a pioneer in China’s premium smart electric vehicle market, and NVIDIA announced today that the automaker has selected the NVIDIA DRIVE Orin™ system-on-a-chip (SoC) for its new generation of electric vehicles, which will offer advanced automated driving capabilities. NIO…
