NIO

Nio holds a product event in Shanghai on Sept. 21, 2023.Evelyn Cheng | CNBCBEIJING — Chinese premium electric car company Nio said Thursday it plans to reveal its mass market brand in May.Executives confirmed the new brand will be named "Le Dao" in Chinese, and said the name is meant to reflect families — the target consumer segment — having a happy time together.Nio, founded in late 2014, has so far focused on the higher end of the market with SUVs and sedans that can cost more than Tesla's Model S or Model Y, but come…

EV automaker NIO has announced an expanded collaboration with battery behemoth and current energy supplier CATL. Together, the two Chinese companies intend to collaborate through the research and development of long-life batteries to support future NIO EVs and battery swap stations. CATL has held a steady reign as the global market share leader in batteries for years, showing no signs of slowing down. The Chinese manufacturer stays on top by providing cells to several significant OEMs and consistently…

Days after leaked spy images revealed a new EV nomenclature, NIO has publicly confirmed its upcoming sub-brand will be called “Onvo.” Previously codenamed “Alps,” Onvo EVs will be designed and targeted toward customers with families. We’ve also caught wind of the new brand’s official launch date. While EV specialist NIO ($NIO) continues to expand its portfolio of luxury passenger vehicles, battery swap stations, and global reach of its own brand, it has simultaneously been working to develop and…

Car maker Nio launched its first-ever smartphone in late 2023, it was called simply the Nio Phone. The company has completed the development of its sequel, revealed founder and CEO William Li, but that doesn’t mean the phone is being announced now. The Nio Phone 2 is entering the manufacturing stage and will be unveiled later this year, though Li didn’t set a particular date. But he did confirm that the company will focus on launching just one new phone every year instead of dividing its attention between several (a…

Chinese EV automaker NIO shared its Q4 2023 report today, followed by an analyst call that included some interesting updates about its plans for the year, expansion to new global markets, and the launch of not one but two EV sub-brands, including Alps. NIO ($NIO) will be celebrating ten years of business this fall and, during that time, has trended upward as one of the leading EV automakers in China. In addition to developing luxury EVs like the ET7 and incoming ET9 (with the ability to shimmy), NIO has…

Global EV stocks, in general, and NIO stock price, in particular, have taken massive hits in the last few months. The investor focus seems to have shifted from the EV sector to more lucrative equities like AI stocks. The stock of the Chinese EV manufacturer, NIO, has been in a free fall since its August 2023 peak of $16.18. Since then, the stock has lost 65% of its value. However, after an intense sell-off, NIO shares are consolidating in a very tight range close to their IPO price. In this article, we will…

The Nio subsidiary will receive technology licence fees based on the future sales of licensed products by Forseven, the filing added.Chinese electric vehicle maker Nio Inc's subsidiary NIO Technology (Anhui) Co has entered into a technology licensing deal with Forseven Ltd, a unit of Abu Dhabi-based CYVN Holdings, Nio said in a Hong Kong stock exchange filing on Monday.The agreement will give electric car startup Forseven a global license to use Nio's technical…

If you, like me, are unsure how a power plant can be virtual, my colleague June Kim just published an insightful article explaining the technology and how it works. For this week’s newsletter, I took the chance to ask her some more questions about VPPs. It turns out the technology has a particularly good synergy with the EV industry, which is why the Chinese government has started to invest in VPPs.  “VPPs are basically just aggregations of distributed energy resources that can balance electricity on the grid,” June…

NIO (NIO) launched its new flagship ET9 EV over the weekend, a premium executive car aimed at “the new generation of high-end business users.” The new flagship EV will take on Porsche and Mercedes with starting prices around 800,000 yuan ($112,000). NIO Day 2023 brings new EVs and tech The ET9 made its debut over the weekend during NIO Day 2023. NIO’s new flagship EV features its latest tech to showcase “a perfect package of flagship-style exterior, spacious interior, immersive experience,…

Nio was due to launch the ET9 on Saturday and the electric vehicle should go into production in late 2024.U.S. startup ClearMotion will supply its active suspension technology for Chinese EV maker Nio's upcoming ET9 in a contract covering 750,000 cars over the lifetime of the luxury sedan model, the two companies said on Saturday.Nio was due to launch the ET9 on Saturday and the electric vehicle should go into production in late 2024.ClearMotion founder and chief…