Search Results for: NIO

A Chinese electric vehicle maker has unveiled a next-generation EV battery with the ability of offering 1,000 kilometers (621 miles) of range, a distance that’s significantly more than any EV battery currently on the market can travel. Shanghai-based carmaker Nio Inc. (NYSE: NIO) says the 1,000-kilometer battery will begin mass production this April. Nio CEO … Continue reading “Nio Inc. Announces 1,000km EV Battery Breakthrough”

Tesla (NASDAQ: TSLA) recently scored a major win in Europe after a Swedish court ruled that the country’s transport authority must come up with a way to deliver license plates to the American electric car maker. A Norrkoping district court judge ruled that the Swedish Transport Agency should deliver the previously blocked license plates to … Continue reading “Tesla Notches Major Win in Legal Battle with Workers’ Union”

Nio Inc. (NYSE: NIO), an electric vehicle company in China, made a recent announcement that CYVN, a fund controlled by the government of Abu Dhabi, has invested $738.5 million in the company in an effort to improve the financial position of Nio amid a period of fierce price competition in the market, which has caused … Continue reading “Nio Raises $700M-Plus from Investors in Abu Dhabi”

NIO displayed its array of electric vehicles at the December Sweden Auto Show, which focused on green technology and sustainable development in Europe; among the vehicles on display was a supercar concept as well as the typical NIO Electric Vehicle spectrum. This display at the eCarExpo show in Sweden is timed to coincide with the … Continue reading “NIO Showcases EVs at Sweden Auto Show”

According to statements released by a trio of Chinese electric vehicle  startups, the October deliveries made by Xpeng dropped to about one-half of those made by its local rivals Nio Inc. and Li Auto. This poor sales performance caused the shares of Xpeng to drop versus those of its rivals. While Xpeng reported that it … Continue reading “Xpeng’s EV Deliveries Drop to Half of Nio, Shares Slide”

China is a major player in the electric vehicle market, with Chinese automakers selling around 2.9 million electric vehicles and even surpassing EV juggernaut Tesla. Li Auto and NIO, two Chinese electric vehicle startups that have seen increased sales in recent months, saw their share prices rise after they revealed a rise in their July … Continue reading “Li Auto, NIO Shares Jump as July Sales Figures Are Released”

While speaking during an interview before NIO’s secondary listing in Singapore, NIO CEO William Li said he was currently more concerned about supply chain stability rather than looking at demand for electric vehicles. The recent upward revision of EV prices by the company shows how much those supply chain issues are affecting company operations. In … Continue reading “Chinese EV Maker NIO Concerned by Supply Chain Problems, Not EV Demand”

Like many companies across the world that rely on the global supply chain, Chinese electric vehicle maker Nio has revealed that it has been hit hard by the supply chain disruption caused by the coronavirus pandemic. Over the weekend, Nio announced that it would be raising the prices of the three electric SUVs it has … Continue reading “Chinese EV Maker NIO Increases Prices, Announces Production Halt”

NIO (NYSE: NIO) has announced that on March 10, 2022, it will be putting its shares up for trading in Hong Kong. The Chinese startup is listed in New York and is making this move as regulatory risks for other Chinese companies continue to grow in China and the United States. However, unlike other Chinese … Continue reading “Chinese EV Startup NIO Inc. (NYSE: NIO) Ready for Listing in Hong Kong”