We all know that NIO is one of the more popular “new” EV-only car companies from China. (“New” is maybe not the best term now, since NIO is almost a decade old and there are many much newer companies.) It is well known not just for its cars but for … [continued]
NIO Achieved Record Deliveries of 21,209 in June In June 2024, NIO delivered 21,209 vehicles, representing an increase of 98.1% year-over-year. NIO delivered 57,373 vehicles in the second quarter of 2024, representing an increase of 143.9% year-over-year. From January to June 2024, NIO delivered 87,426 vehicles, representing an increase of … [continued]
In a livestreamed media session today, NIO Vice President of Power Management Shen Fei officially launched NIO’s new Battery-as-a-Service strategy. The new service decouples the battery from the purchase price of the vehicle, providing a lower up front purchase price, more flexibility to the owner in the future, the ability … [continued]
NIO Power now has 131 battery swapping stations in 58 cities in China and has completed more than 500,000 swaps.
Two of my favorite electric vehicle (EV) startups are teaming up, and that is good news for the industry. NIO and Xpeng Motors are teaming up in China, and it should raise a sense of urgency in the West for more EV mobility companies to collaborate.
