Smart and Sustainable Electric Mobility
The autonomous driving development and cockpit businesses of the Alps sub-brand are largely integrated with the Nio brand, with some businesses still operating independently, according to local media.
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Nio adds JAC and Chery as partners in developing battery swap stations. Previously, it signed similar contracts with Changan and Geely.
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A new company called Zhongan Energy was launched today and it will build 1,000 battery swap stations with the support of Nio and two state-owned groups in Anhui province.
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Nio said it and JAC, Chery will carry out deep strategic cooperation in battery standards, battery swap technology, battery swap service network construction and operation.
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Nio has also signed strategic cooperation agreements with two state-owned groups in Anhui province for energy storage, charging, and battery swap system construction.
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BYD ranks No. 1, Tesla No. 2, and Nio No. 9 in terms of NEV market share in China in 2023.
The post Automakers' NEV market share in China in 2023: BYD 35%, Tesla 7.8%, Nio 2.1% appeared first on CnEVPost.
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Except for the flagship SUV ES8, all other Nio models saw deliveries increase in December compared to November.
The post Nio Dec deliveries breakdown: ES6 at 6,943, ET5 Touring at 3,331 appeared first on CnEVPost.
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Nio has no new models in the first three quarters of 2024, sales growth is likely to be low, and it may need to offer price discounts for its existing models amid stiff competition, BofA said.
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In the letter, Li laid out his views on the competition in the EV industry in 2024, as well as Nio's priorities.
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Alps is targeting the family car market priced between RMB 200,000 ($28,000) and RMB 300,000, according to local media.
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