Smart and Sustainable Electric Mobility
Last week, William Li accompanied several foreigners on a tour of a battery swap station, sparking a new round of rumors that Nio and Mercedes-Benz had entered into a partnership.
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WeLion aims to grow revenue 20-fold to RMB 10 billion by 2025, company founder Li Hong said in a recent Bloomberg interview.
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The Nio phone that appeared in a benchmarking database is powered by a Qualcomm Snapdragon 8 Gen 2 SoC with 12 GB of RAM and 1 TB of storage.
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Nio sued a vlogger in May and claimed RMB 5 million from him. The blogger was refused delivery when he was trying to buy an ES6 in July.
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Three cities - -Guangzhou, Harbin and Xi'an -- are finalists in the race to host the Nio Day 2023 event.
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Nio CEO William Li previously said that the company's first smartphone model will be launched in the third quarter.
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Local automotive media has shared two images of the new EC6, saying that the model could be officially launched at the Chengdu auto show later this month.
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The ES6 now has a wait time of 3-4 weeks, the ET5 and ET5 Touring are both about 3 weeks, and the ES8 is 8-9 weeks.
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Nio's partnerships with the country's oil behemoths underscore its ambition to speed up the expansion of its battery swapping network, industry experts said.
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A solid order backlog and improving production ramp bode well for Nio's ongoing operational recovery and rising sales, Morgan Stanley said.
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