The 2023 Shanghai Auto Show will open on April 18, how can NIO, as one of the three giants of new automakers, miss this long-dormant car “feast”. Pu Yang, assistant vice president of sales operations at NIO, said that the new EC7 and ES8 just released will be officially launched at this year’s auto show,…
NIO is a leader in China’s new energy vehicle field, winning the favor of many consumers with its high-end, intelligent, and personalized services. However, NIO is also facing huge difficulties such as continuous losses and tight funds. After being abandoned by the Shanghai municipality, NIO struck a VAM deal in 2020 with the Hefei municipal…
NIO has no plans to acquire other car companies NIO CFO Feng Wei said that NIO is very confident that it can meet this year’s delivery target, which is to double to 250,000 units from 2022. Auto News On March 22, according to surging news reports, NIO CFO Feng Wei said that NIO is very…
Shandong Weida said on the investor interactive platform on March 20 that Kunshan Swopp Intelligent Equipment Co., Ltd., the company’s holding company, as a provider of automatic power exchange equipment, mainly provides power exchange equipment and related services for the new energy automobile industry, and mainly provides second-generation power exchange station equipment for NIO in…
On the afternoon of March 20th, Shandong Province organized a marching theme interview activity of “taking the cultural corridor into the economic park to see the high-quality development of Shandong” – taking the Jiaoji Railway Cultural Experience Line to Jinan No.2 Machine Tool Group Co., Ltd. (hereinafter referred to as “Jinan No.2 Machine Tool”). As…
On March 1, NIO announced that it delivered 12,157 new vehicles in February 2023, up 42.9% month-on-month and 98.3% year-on-year. Among them, 5,037 high-end smart electric SUVs and 7,120 high-end smart electric cars were delivered. From January to February 2023, NIO delivered a total of 20,663 new vehicles, a year-on-year increase of 30.9%. NIO has…
With bigger and bigger losses, but lower and lower growth rates, NIO has clearly not yet found its “future” that truly belongs to it. Recently, NIO disclosed its 2022 financial report. From the financial report data, although NIO’s revenue and delivery volume have achieved substantial growth in 2022, the loss is also further increasing –…
In the recent wave of fuel vehicle price reduction and new energy vehicle price insurance tide, many consumers are speculating which car companies will reduce prices and which car companies will announce price insurance. On March 15, NIO officially announced that it would not follow up on the price reduction. Pu Yang, assistant vice president…
On March 1, NIO announced its 2022 financial report, with a net loss of 14.437 billion yuan in 2022, breaking the momentum of gradually narrowing losses in the past two years, and the market believes that it seems to return to the dilemma of being in the ICU in 2019. In comparison, Li Auto’s loss…
In addition to NIO’s deep losses and slowing sales growth, it is an environment in which the market is becoming more and more involuted. Not long ago, NIO released last year’s performance report, and its performance loss hit a new high. In fact, NIO has been struggling with losses for many years, and its revenue…
As China’s demand declines as a result of the end of government subsidies, Nio will focus on selling affordable EVs in Europe. Chinese electric-vehicle maker Nio plans to build a factory to produce budget EVs under a new brand for export to Europe from as early as next year, three people with knowledge of the…
