Category: Nio

Nio Capital-backed ClearMotion begins construction of its 1st plant to produce suspension systems

ClearMotion has secured volume production orders from an EV maker and expects to begin deliveries globally by the end of 2024, Nio Capital said.

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BofA further raises Nio price target, expects deliveries of 20,000-21,000 per month in Aug and Sep

Nio's vehicle deliveries in August and September are expected to be 20,000-21,000 units per month due to auto parts constraints, but parts supply will improve in the fourth quarter, BofA said.

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