“We must keep launching competitive new products and improving our operational efficiency to double our sales next year and achieve profitability in 2026. These are goals we cannot afford to miss,” Li said.
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Category: NIO Team
Nio celebrates 10th anniversary with over 620,000 users
Nio, which was founded on November 25, 2014, is starting multi-brand operations, having already launched the Onvo sub-brand and will launch the Firefly brand next month.
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Most of Nio swap stations in Shanghai deliver over 100 services per day, says CFO
A battery swap station can break even if it serves 60 to 70 times a day, Nio's CFO said.
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Former Nio CFO joins US-sanctioned camera maker Hikvision
Former Nio CFO Steven Feng has joined US-sanctioned surveillance camera maker Hikvision, after leaving the EV maker in early July.
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Nio unveils new mission and vision to cope with changing market environment
The upgrade establishes a basic framework for addressing market competition, multi-brand operations, and globalization, William Li said.
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Nio’s CFO change won’t disrupt current operations, says Morgan Stanley
A C-level change is rarely positive news, but Nio's recent solid operation should help ease market concerns, thus preventing any panic knee-jerk reaction, Morgan Stanley said.
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Nio has 32,820 full-time employees at end of 2023, 1,188 in Europe, ESG report shows
Nio's full-time workforce increased by a net 6,057, or 22.63 percent, in 2023.
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Nio seeking cost reduction advice from partners
Nio is looking to its partners for cost-cutting advice, saying their expertise and industry experience will be important in meeting its cost-cutting goals.
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Nio denies it has new layoff plans
Nio founder, chairman and CEO William Li said he's completely unaware of any new layoff plans.
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Nio’s cockpit head reportedly to depart
Nio's vice president of digital cockpit and software development, Zhang Lei, is leaving the company and will complete the handover by the end of this month, according to local media.
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