- NIO’s Q1 2024 revenue drops YoY, but gross profit surges YoY
Despite the revenue downturn, NIO achieved a gross profit of 487.7 million yuan (US$67.6 million) in Q1 2024, a substantial 200.5% increase from the same quarter last year.
June 07 , 2024
- Polestar announces interoperability with NIO’s EV charging network
On June 6, Polestar officially announced its comprehensive integration with NIO's electric vehicle charging network.
June 07 , 2024
- NIO's third factory construction underway, set to produce cars for both NIO, ONVO brands
NIO co-founder and president Qin Lihong revealed that NIO's third factory is located in the Xinqiao Intelligent Electric Vehicle Industrial Park in Hefei city and has recently begun construction.
June 06 , 2024
- NIO's monthly deliveries soar 233.8% YoY in May 2024
NIO Inc., a prominent player in China's premium smart electric vehicle market, announced it delivered 20,544 vehicles in May 2024, marking a substantial year-over-year surge of 233.8%.
June 03 , 2024
- NIO Energy secures 1.5-billion-yuan strategic investment
On May 31, NIO Energy Investment (Hubei) Co., Ltd. secured a strategic investment of 1.5 billion yuan from institutions including Wuhan Guangchuang Emerging Technology Phase I Venture Capital Fund Par...
May 31 , 2024
- NIO’s ONVO brand to start delivering L60 model in September
Recently, Mr. Ai Tiecheng the CEO of ONVO, the sub-brand of Chinese electric vehicle maker NIO, announced during a live session on NIO Radio that the energy consumption and performance data for the ON...
May 29 , 2024
- NIO hits delivery milestone of 200,000 ES6 SUVs
On May 27th, NIO announced the delivery of the 200,000th unit of its mid-sized SUV, the NIO ES6.
May 28 , 2024
- NIO, Széchenyi István University Foundation intend to team up in energy-related key fields
On May 21, NIO signed a strategic cooperation memorandum with the Széchenyi István University Foundation, Széchenyi István University, and the Hungarian Motorsport and Green Mobility Development A...
May 23 , 2024
