Articles Tagged with "NIO"

NIO sustains championship among China’s NEV startups by July insurance volume
NIO sustains championship among China’s NEV startups by July insurance volume

In July, automakers in China bought the Mandatory Liability Insurance for Traffic Accidents of Motor Vehicles (MLI) for roughly 90,403 new energy vehicles (NEVs), representing a robust surge of 166.53% from a year ago.

Aug. 31 , 2020
NIO intends to raise up to $1.722 bln by issuing 75 mln shares
NIO intends to raise up to $1.722 bln by issuing 75 mln shares

Chinese EV startup NIO announced on August 27 the outset of the offering of 75 million American depositary shares (the “ADSs”), each representing one Class A ordinary share of the company.

Aug. 28 , 2020
NIO Inc.’s market value for the first time surpasses $20 billion
NIO Inc.’s market value for the first time surpasses $20 billion

NIO Inc., the first Chinese EV startup that goes public on the New York Stock Exchange, saw its shares were up 19.17% closing at $17.84 on August 25 and its market value hit $21.131 billion, for the first time exceeding $20 billion.

Aug. 26 , 2020
NIO Inc. Reports Unaudited Second Quarter 2020 Financial Results
NIO Inc. Reports Unaudited Second Quarter 2020 Financial Results

NIO Inc., a pioneer in China’s premium smart electric vehicle market, today announced its unaudited financial results for the second quarter ended June 30, 2020.

Aug. 11 , 2020
NIO delivered 3,533 vehicles in July 2020
NIO delivered 3,533 vehicles in July 2020

NIO delivered 3,533 vehicles in July 2020, representing a robust 322.1% growth year-over-year.

Aug. 3 , 2020
NIO honored champion Chinese EV startup by H1 insurance registrations
NIO honored champion Chinese EV startup by H1 insurance registrations

According to the China Insurance Regulatory Commission (CIRC), the so-called first-tier startups—NIO, Li Auto, WM Motor, Xpeng Motors and HOZON Auto—accounted for nearly 90% of the June insurance registrations of the Chinese startup-made NEVs.

Jul. 29 , 2020