NIO

EV maker NIO officially launched the new ES6 electric SUV on Wednesday. Despite the ES6’s compact size, NIO expects significant results from its second-generation electric SUV. NIO initially revealed the ES6 in 2018 as a more affordable alternative to the ES8, beginning deliveries in late 2019. The ES6 has been a primary seller for NIO since its launch as the brand’s least expensive SUV. According to information from CnEVPost, the ES6 represented nearly 64% of NIO’s sales in 2020, 45% in…

If you want to own that battery, and you don’t want to visit swap stations, your vehicle will cost you roughly $58,500. If, on the other hand, you prefer to lease the battery, you’ll pay just under $50,000 up front, plus a monthly fee of $135. (The costs are all a bit higher if you opt for the 100 kWh battery, but the idea is the same.) For that monthly fee, you get a couple of swaps or a set amount of rapid charging.  It would take you just over five years to start paying more in the monthly fee than you would have…

The specter of Better Place hangs over battery-swap efforts today, but de Souza says Ample’s approach addresses issues that sank previous iterations of the technology. For a third-party company like Better Place or Ample to gain ground, it must find a way to be compatible with vehicles hitting the road. But getting automakers to converge on a battery is a challenge: companies are increasingly choosing different battery designs and chemistries for different models. Ample’s solution is a modular system. Rather than take…

Two years after announcing an initial partnership to implement EV battery swap stations together, NIO and Shell have opened their first station in Europe. The new location joins several swap stations already implemented in China, as both parties look to expand their footprint together on two separate continents. Shell remains the world’s largest gasoline retailer and as so, remains very low on our list of companies we like to give coverage too. That being said, even the oil giant recognizes…

NIO’s new “ET5 Orion” electric crossover was spotted in Norway during a press shoot, and at a glance, you may mistake it for a Porsche. NIO to challenge Porsche, premium EVs with ET5 Orion Chinese EV pioneer NIO has ambitious plans to expand outside its home market. The automaker first revealed plans to expand its European presence in 2021, beginning in Norway. After launching the ET5, its second electric sedan, NIO said it would expand further into Europe, including the Netherlands,…

According to a recent filing with China’s Ministry of Industry and Information Technology, NIO intends to sell three existing EV models with expanded battery capabilities provided by solid-state battery developer WeLion. The filing matches with previous statements from NIO’s founder that consumers could see solid-state powered EVs this summer. Although many promised EV technologies have been delivered and continue to evolve, solid-state batteries remain an aspiration by many. Although they are…

In an increasingly competitive electric car market, EV startup NIO believes it’s well-positioned to hit its goal of becoming profitable this year. NIO is set to launch two new brands, one of which will be aimed at VW in Europe with a starting price below 30,000 euros (about $33,165), but the EV startup has other plans to take on Tesla. NIO to take on VW with affordable EVs in Europe In a new interview with Germany’s Der Spiegel magazine, NIO’s CEO and founder, William Li, said he has great…

Emerging Chinese EV maker NIO announced Friday it has officially begun deliveries of its EC7 electric coupe SUV, deemed one of the most aerodynamic SUVs on the market. NIO’s new flagship coupe is poised to compete in an expanding premium electric SUV market along with the Polestar 3. NIO unveiled its latest electric model, the EC7, during NIO Day 2022 this past December. With a drag coefficient as low as 0.23 Cd, NIO claims its flagship SUV features market-leading aerodynamics and efficiency.…

<!----> EV maker Nio started taking orders for its new EL6 (ES6), smart EV SUV at the Shanghai motor show. Market launch and first deliveries are scheduled for late May. The automaker also used Auto Shanghai to launched the 2023 ET7, a smart electric flagship sedan. Orders in China and…

New-energy electric vehicles are seen at a Nio store in Shanghai, China, March 19, 2023.Future Publishing | Future Publishing | Getty ImagesSHANGHAI — Chinese electric car company Nio will keep its prices high rather than cut them, CEO William Li told CNBC in an interview."For us, we will certainly not join the price war," Li said, claiming Nio's products and services are worth the price. That's according to a CNBC translation of his Mandarin-language remarks.related investing newsTesla, Elon Musk's car company, this year…