Nio delivered 8,132 vehicles in February, down 33.11 percent year-over-year and 19.12 percent from January.
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Nio delivered 8,132 vehicles in February, down 33.11 percent year-over-year and 19.12 percent from January.
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Focus will mostly be on the gross margin, and Nio management's guidance for first-quarter deliveries are expected to be weak.
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The opening of the facility marks the imminent start of production of ClearMotion1, an active suspension product that will be fitted to the Nio ET9, ClearMotion said.
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Bloomberg reported that Apple is canceling its decade-long EV-making effort. CEOs of EV makers including Xpeng, Li Auto, Xiaomi, and Jiyue have expressed their views.
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Between February 1-25, Nio was 5,100, Xpeng 3,000, Li Auto 16,200, BYD 81,000 and Tesla 24,300.
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Nio will grant Forseven a worldwide license to use certain of its existing and future technical information, technical solutions.
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China Southern Power Grid Energy Storage will work with Nio Power in areas including battery banks, battery swap stations, and virtual power plants.
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The service barely affects battery swap stations' ability to provide service to car owners, with one station bringing in revenue in the tens of thousands of euros a year, according to a Nio vice president.
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Humanoid robot maker UBTech showed its Walker S robot working on an assembly line at a Nio factory in a video.
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Nio delivered 50,045 vehicles in the fourth quarter, exceeding the upper end of its previous guidance range of 47,000 to 49,000 vehicles.
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