New investment secured by Nio China reduced the immediate share dilution risk of Nio and is positive for Nio's share price, according to Deutsche Bank.
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Category: Nio
BREAKING: Nio announces RMB 3.3 billion investment in Nio China from strategic investors
Nio China receives RMB 3.3 billion in new investment from strategic investors in Hefei, and Nio will also invest RMB 10 billion to subscribe for newly issued shares in Nio China.
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Nio Onvo promises customers ordering L60s now will get deliveries within this year
Nio's sub-brand Onvo has promised that customers ordering L60s now will get deliveries within this year, saying that bottlenecks previously limiting capacity ramp-up are being quickly resolved.
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Nio Onvo begins L60 deliveries
The Onvo L60 is currently only available with a 60-kWh battery pack, and deliveries of long-range vehicles with an 85-kWh pack are expected to begin in December.
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China Sept EV sales preview: Deutsche Bank expects Nio at 21,000, Tesla 64,000, BYD 370,000
New order flow for Nio's main brand is estimated at around 20,000 units in September, flat from August, but new brand Onvo has received more than 30,000 non-cancelable orders, according to Deutsche Bank.
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Nio enters charging partnership with China’s oil giant Sinopec
Nio and Sinopec have entered into a charging services partnership agreement, after jointly building 279 charging and battery swap stations over the past three years.
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China EV insurance registrations for week ending Sept 22: Nio 3,700, Tesla 13,800, Xiaomi 2,900, BYD 80,600
Li Auto had 12,000 insurance registrations last week, Xpeng 3,500, Zeekr 3,800, Leapmotor 6,300 and Aito 7,300.
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Interior of Firefly – the third brand from Nio – glimpsed as EV gets ready for China and Europe
A poor quality spy shot gives us the first look at the interior of the first car from Nio's third brand, Firefly. It has two screens inside.
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Spy shots reveal interior of Nio Firefly’s debut model
Local automotive media outlet Auto Home today shared several spy shots of the first model of Nio Firefly, exposing the interior of the model for the first time.
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Nio targets Onvo L60 capacity of 5,000 units in Oct, 20,000 by Mar 2025
Onvo L60 production capacity is expected to reach 10,000 units in December, at least 16,000 units in January and 20,000 units by March, William Li said.
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