Search Results for "NIO"

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
HYCAN 007’s bill of materials unveiled by GAC NIO
HYCAN 007’s bill of materials unveiled by GAC NIO

On August 19, Liao Bing, founder and CEO of GAC NIO, a joint venture between GAC Group and the EV startup NIO, unveiled the BOM (bill of materials) of the TOP version of the HYCAN 007, the joint venture’s first mass-produced BEV model.

Aug. 21 , 2020
NIO launches Battery-as-a-Service, announces foundation of battery asset company
NIO launches Battery-as-a-Service, announces foundation of battery asset company

Chinese EV startup NIO formally launched on August 20 the BaaS (Battery-as-a-Service) service, which allows customers buy electric vehicles and subscribe the usage of battery packs separately.

Aug. 20 , 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
NIO adds used car distribution, brokerage onto business scope
NIO adds used car distribution, brokerage onto business scope

Shanghai NIO Automobile Sale Service Co.,Ltd., a wholly-owned subsidiary of NIO (Anhui) Holding Ltd., has added the distribution and brokerage of used cars on to its business scope, according to the corporate data platform Tianyancha.

Jul. 27 , 2020
NIO’s 3rd production model EC6 hits market with price starting at 368,000 yuan before subsidy
NIO’s 3rd production model EC6 hits market with price starting at 368,000 yuan before subsidy

EV innovator NIO’s third mass-produced model, the NIO EC6, went on sale at the Chengdu Motor Show 2020 with three variants offered at one go. The vehicle is sold at the pre-subsidy prices ranging from 368,000 yuan ($52,542) to 526,000 yuan ($75,101).

Jul. 24 , 2020