CYVN reached a non-binding agreement to acquire 100 percent of McLaren's automotive business from Bahrain's sovereign wealth fund Mumtalakat.
For details, please visit CnEVPost.
Category: Nio
China Oct EV sales preview: Deutsche Bank expects Nio at 24,500, Tesla 47,000, BYD 520,000
New flow for the Nio brand is estimated at about 19,000 units in October, flat from September, but sub-brand Onvo is estimated at about 15,000 units in October, according to Deutsche Bank.
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Nio battery swap network completes initial coverage of 9 major horizontal highways in China
Nio's battery swap stations have achieved coverage of nine horizontal highways, seven vertical highways and 12 urban clusters, fulfilling part of a goal announced two years ago.
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China EV insurance registrations for week ending Oct 27: Nio 4,200, Tesla 10,500, Xiaomi 5,700, BYD 95,600
Li Auto had 11,300 insurance registrations last week, Xpeng 5,600, Zeekr 5,100, Leapmotor 8,500 and Aito 8,700.
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Nio exceeds 2,600 swap stations in China
Nio has added 285 battery swap stations in China so far this year.
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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 Onvo’s 2nd model expected to be released by end of Q1 2025, report says
The new mid-to-large-size SUV will be a key weapon in Onvo's drive to boost deliveries next year, a local media report said.
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Nio signs deal to add 100 swap stations in central China’s Hubei province
As of today, Nio has 2,589 battery swap stations in China and 92 in Hubei province.
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China EV insurance registrations for week ending Oct 20: Nio 3,900, Tesla 13,200, Xiaomi 5,600, BYD 89,600
Li Auto had 12,100 insurance registrations last week, Xpeng 4,500, Zeekr 5,200, Leapmotor 8,000 and Aito 8,700.
For details, please visit CnEVPost.
Nio exports 1,083 cars in Jan-Sept, 0.67% of production
Nio exported 1,083 vehicles in January-September, or 0.67 percent of its production of 161,903, according to an image in a CCTV report.
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