NIO to Spin Off Battery Production Unit by Year-End
Chinese EV maker NIO is planning to separate its battery production unit as part of its strategy to become more profitable, according to anonymous sources cited by Reuters.
Tag: #NIO
Showing 12 of 103 posts with this tag
Li Auto and NIO Opt Out of Chinese Auto Price War
Since the beginning of this year, a surge in reduced car prices has swept across China, prompting many vehicle companies to participate. Nevertheless, some companies, including Li Auto, NIO, Porsche, and Audi, have no intention of following suit.
NIO Jumps at IPO Opportunity Brought Along by Tesla's Intention of Going Private
After getting wind of Tesla's contemplation over going private, Chinese electric car manufacturer, NIO, is rushing to go public to fill in Tesla's void – and to...
NIO Updates IPO Prospectus, Seeking to Raise $1.32 Billion
Chinese electric-vehicle maker, NIO, has updated its initial public offering (IPO) prospectus and set terms to raise a total of $1.32 billion. NIO, often refer...
8/29/20182 min read
NIO Founder William Li Confirms Plans for Smartphone Business
William Li, the founder, Chairman and CEO of Chinese new energy car company NIO, responded to reports the company is working on smartphones during a Thursday interview.
3/31/20222 min read
NIO Plans to Launch the "E2E" Large Model Architecture in January Next Year
NIO plans to release version 3.1.0 of the Banyan intelligent system in January 2025, which will achieve the first push of an E2E large model architecture for intelligent driving.
The Sales Performance of New Energy Vehicles in China in November Has Been Released
A group of NEV companies have successively announced their delivery performance in November. XPeng, Li Auto, AITO, Zeekr, Voyan and other NEV companies achieved a record high in deliveries for November.
Xiaomi Auto Collaborates with NIO, XPeng Motors, and Li Auto to Launch Charging and Energy Replenishment Network
On December 25th, Xiaomi Auto announced a collaboration with Li Auto, NIO, and XPeng Motors to launch a charging and energy replenishment network.
Tencent, Didi, Baidu among the Seven Companies Approved for Autonomous Car Road Tests in Beijing
According to Beijing Innovation Center for Mobility Intelligent, the Beijing Municipal Government issued license plates to seven companies on September 22 for s...
NIO CEO William Li Sets Sights on System Capabilities Amid 2023 Shortfalls, Preps for Fierce Competition in 2024
William Li's first internal letter of 2024 acknowledged that NIO's performance last year fell short of expectations, necessitating a swift enhancement of its organizational capabilities.
Newsletter: Kris Wu Raps Against Cyber Bullying
Here's this week's roundup of China tech stories. It seems like the more fame you have, the more likely you are to become victim to cyber bullying. Famou...
Sequoia China Says Reuters Article is Nonsense and an Attempt for Defamation
Following the release of a Reuters article on Sequoia Capital China's 20 percent cut of investment staff, Sequoia China has dismissed the report firmly, claiming that the published article is “nonsense” and a malicious attempt for defamation.
5/6/20192 min read