Hangzhou, Zhejiang — ONVO, NIO’s second brand, officially kickstarted the sale of its Smart Large-Space Flagship SUV, the L90, in Hangzhou. The L90 offers two seat layouts: six-seater and seven-seater, with price starting at RMB 265,800, or RMB 179,800 with the battery subscription (BaaS) option. Deliveries of the six-seater version … [continued]
NIO achieved 21,017 deliveries in July. That was 12,675 deliveries from the NIO brand, 5,976 deliveries from the family-oriented ONVO brand, and 2,366 deliveries from the new firefly brand of small but high-end cars. NIO boasted that this means its sales rose 25.2% in the first seven months of the … [continued]
Showing just how far the company has come, Chinese smart EV company NIO just announced that it has now produced its 800,000th electric vehicle. (Of course, it has produced zero non-electric vehicles.) While it is yet to turn a profit, it is notable that the company plans to reach profitability … [continued]
NIO Profitability? NIO’s got a big target in mind. It is aiming to finally achieve profitability in the 4th quarter of this year. Naturally, that’s a huge deal for the company. Tesla’s stock price soared in 2019 when it finally achieved profitability, and I think most investors assume startup car … [continued]
NIO has just brought a new vehicle model to market, via its new-ish family-oriented brand, ONVO. The model is the ONVO L90. It’s a large, 3-row SUV. NIO indicates that it is a high-end model, but the starting price for the large SUV is just RMB 279,900 (~$39,000). You can … [continued]
Double success at the Red Dot Award and three honors at the German Brand Award NIO and firefly recognized for innovation and design excellence Holistic, user-focused approach to product and brand design earns accolades NIO, a global smart electric vehicle company, has secured five major accolades for its NIO and … [continued]
NIO Inc. Delivered 24,925 Vehicles in June, Up 71.2% QoQ NIO delivered 24,925 vehicles in June 2025, representing an increase of 17.5% year-over-year. The deliveries consisted of 14,593 vehicles from NIO’s premium smart electric vehicle brand NIO, 6,400 vehicles from the family-oriented smart electric vehicle brand ONVO, and 3,932 vehicles … [continued]
NIO’s sales continue to rise, not astronomically, but actually quite solidly and strongly. The company’s sales — all fully electric vehicles of course — were up 17.5% in June compared to June 2024. Across the whole quarter, sales were up 25.6%. In June, the company had 24,925 vehicle deliveries. In … [continued]
NIO is in a challenging place. It is supposed to be approaching profitability this year, but the Chinese EV market is so hyper-competitive that there’s price war after price war and there’s always another new competitor trying to eat your lunch. NIO’s sales continue to grow, but its finances are … [continued]
· NIO plans to expand into Austria, Belgium, Czech Republic, Hungary, Luxembourg, Poland, and Romania as the next step in its European growth journey. · NIO introduces a multi-brand offering with NIO and firefly to reach new user groups. · Partnerships with local distributor groups set the foundation for expansion. Munich, Germany— NIO, … [continued]
