Pictured here is a Nio battery swapping station in Haikou, Hainan province, China, on May 9, 2023. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an edge on the infrastructure side of the EV ecosystem. Since November, Nio … Read more
Nio holds a product event in Shanghai on Sept. 21, 2023. Evelyn Cheng | CNBC BEIJING — Chinese premium electric car company Nio said Thursday it plans to reveal its mass market brand in May. Executives confirmed the new brand will be named “Le Dao” in Chinese, and said the name is meant to reflect … Read more
Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese electric carmaker Nio plans to cut 10% of its workforce amid “fierce competition,” CEO William Li said Friday. The job cuts will be completed by November. … Read more
What if, instead of seeking out a charger and plugging in for half an hour, you could swap out your depleted EV battery for a new one in just five minutes? That’s the question asked by Nio, a 7-year-old Chinese electric car company with a network of more than 1,300 battery-swap stations for doing exactly … Read more
Pictured here’s a Nio pop-up retailer in Shanghai, China, on Aug. 4, 2023. Nurphoto | Nurphoto | Getty Photographs BEIJING — Chinese language electrical automobile firms Nio, Xpeng and Li Auto delivered sufficient automobiles in August to maintain tempo with their third quarter steering. That is in line with bulletins from the three firms, that … Read more
Nio’s ET5 stands on show on the Central China Worldwide Auto Present on Could 25, 2023, in Wuhan, China. Getty Photographs | Getty Photographs Information | Getty Photographs Chinese language electrical automobile maker Nio misplaced $835.1 million within the second quarter, greater than twice its year-ago loss as deliveries of its upscale EVs slipped amid … Read more