Nio’s huge cash injection from local government and state-owned bank in 2020 is an example of what Western automakers are up against
Recent reports claimed that Mercedes was considering an investment in Nio to acquire some of its technologies
Brands such as BYD, MG, Lotus, Great Wall, and Nio have all reported triple digit growth compared to last year
The new Nio Phone is slightly bigger than an Apple iPhone 15 Max and comes in three specifications priced from $820 in China
BYD’s founder believes China is poised to turned the car industry on its head but Great Wall wants competition, not cooperation
Nio’s shares fell by 30% in March 2019 when it said it had ditched plans for a Shanghai factory
A plethora of Chinese carmakers are enjoying record sales as local buyers take the plunge on a new EV
Nio’s founder and chief executive wants to see an end to the U.S.’s protectionism over its car industry
The Nio ET5 and EL7 both feature a roof-mounted LiDAR that improves their collision avoidance capabilities
The Nio ES6’s battery pack reportedly offers an incredible 930 km (578 miles) of driving range
Nio says it will launch the ET5 in the UK while also establishing a battery swapping service in the country
Through the deal, the Abu Dhabi Government will own a 7% stake in Nio
With 483 hp, 300 miles of range, advanced technology, and luxurious furnishings, the Nio EL6 will seek to tempt European EV buyers away from German SUVs
The Nio ET5 Touring is a sleek-looking wagon, with a massive sunroof, hot new tech, and up to 483 hp, which can get it to 62 mph in just four seconds
Nio is currently working on two sub-brands, codenamed ‘Alps’ and ‘Firefly’ for Europe
Interestingly, the Eden was created by Joonyoung Koo just before he officially joined Nio as an exterior designer
China’s EV domination grows, as low costs give domestic manufacturers a competitive edge over rivals
The EV brand’s CEO said he is very happy with its current pricing structure and thinks its models are worth the money
