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…
Chinese Electric Car Brand NIO Looks At Expansion Abroad
Chinese electric car brand NIO plans to start expanding to Western markets next year and might export a battery-swapping service that could help it compete with rival Tesla, the company’s chairman said. NIO, founded in 2014, pushed back foreign plans…
NIO Launches Battery-As-A-Service To Make EV Ownership Even Easier
In a livestreamed media session, NIO Vice President of Power Management Shen Fei officially launched NIO’s new Battery-as-a-Service strategy. The new service decouples the battery from the purchase price of the vehicle, providing a lower up front purchase price, more…
Chinese Startup NIO Gains $1 Billion State Funding To Chase Tesla
Chinese electric-car maker NIO sealed a 7 billion yuan ($1 billion) deal with a group of state investors. Many consumers, while admiring NIO’s vehicle models, have been on the fence about making a purchase, as they feared the Nasdaq-listed auto…
March 2020 Delivery Update Provided By NIO Inc.
SHANGHAI, China, April 07, 2020 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today provided its March 2020 delivery results. NIO delivered 1,533 vehicles in March 2020, representing a…
