Smart and Sustainable Electric Mobility
China has imposed restrictions on car production over the past decade amid concerns about overcapacity. Nio had previously been producing cars under JAC's qualification.
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As JAC's deal to sell its factory assets comes to a deadline, rumors that Nio will buy them and announce its own car-making qualifications are circulating widely on Chinese social media.
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Nio was up 12.56% from previous year and down 0.76% from October.
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Nio delivered 15,959 vehicles in November, up 12.56 percent year-on-year and essentially flat from 16,074 in October.
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Nio is offering essentially the same car-buying benefits this month as it did last month, but with an additional 1 year of free NOP+ access for customers who have previously taken delivery of their cars.
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As of November 30, Nio had 142 Nio Houses, 320 Nio Spaces, and 2,217 battery swap stations worldwide.
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Steps being taken by Nio should bear fruit in the coming quarters, but a material improvement in the sales trajectory may take more time, Edison Yu's team said.
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BMW Brilliance and Mercedes-Benz will set up a 50:50 shareholding joint venture to operate a supercharging network in China.
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The video shows a Nio vehicle traveling to a battery swap station by driving autonomously and driving away after completing the automatic battery swap.
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Nio launched the Jia Dian App in September 2019, claiming to support 90 percent of public charging piles in China, and saw over 1 million registered users in June 2022.
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