Category: Nio

Nio’s NOP+ driver assistance software comes out of beta, starts accepting subscriptions

With the official release of NOP+, brings a new BEV and occupancy network awareness model and switches to the same technology stack as NAD.

(Image credit: CnEVPost)

Nio (NYSE: NIO) has ended beta testing of NOP (Navigate on Pilot) Plus, its assisted driving software, and started accepting paid subscriptions as planned.

Along with the release of Nio OS Banyan 2.0.0, NOP+ Beta will be upgraded to the official version, the electric vehicle (EV) maker announced today.

Starting July 1, NOP+ will start accepting subscriptions at RMB 380 ($52) per month, and free access benefits for new car buyers will be handed out at the same time, Nio said.

As of June 30, NOP+ Beta has been in a free trial for 185 days and has accumulated 42.86 million kilometers, adding 2.1 million kilometers per week, the company said.

More than 52,000 users participated in the NOP+ Beta trial, and the software achieved rapid iterative updates, it said.

On the official version of NOP+, Nio brought a new BEV (Bird's Eye View) and occupancy network perception model and switched to the same technology stack as NAD (Nio Autonomous Driving), it said.

The BEV perception architecture can display richer information including dynamic models, road elements, vehicle taillights, and turn signals, allowing assisted driving to reduce the frequency of degradation by 80 percent, resulting in a smoother NOP+ experience, Nio said.

In the second half of 2023, NOP+ will be extended to cover battery swap scenarios in highway service areas, and gradually cover battery swap stations in highway service areas nationwide, it said.

In the future, Nio will continue to optimize the assisted driving experience based on BEV and occupancy network awareness model, it said.

NOP+ will be pushed to vehicles with the Banyan 2.0.0 CN release, and users who do not receive the push in time will get 1 month of free access, Nio said.

The new ES6 already comes with Banyan version 2.0.1 CN software, and the ET5 Touring and new ES8 come with Banyan 2.0.0 CN on delivery, it said.

Nio announced on April 10 that customers who purchase ET7, ES7, EC7 and ET5 customers before June 1, and the new ES8 before August 1, will receive 2 years of free access to NOP+.

Customers who have previously purchased Nio Pilot software will receive at least 5 years of free NOP+ access if they purchase a new model of Nio's Banyan-based system again, Nio said at the time.

On May 31, Nio announced that all customers who purchase a new Nio vehicle will receive 1 year of free use of NOP+, with an expiration date for the benefit to be announced in the future.

($1 = RMB 7.2523)

Nio deliveries rebound to 10,707 units in Jun as new models bring relief

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Nio deliveries rebound to 10,707 units in Jun as new models bring relief

delivered 23,520 vehicles in the second quarter, above the lower end of the guidance range of 23,000 to 25,000 vehicles.

Nio (NYSE: NIO) deliveries rebounded to more than 10,000 units as new models, including the new ES6, ET5 Touring and new ES8, began to be delivered.

The electric vehicle (EV) maker delivered 10,707 vehicles in June, up 73.96 percent from 6,155 in May, although down 17.39 percent from 12,961 in the same month last year, according to data released today.

The delivery included 6,383 SUVs, and 4,324 sedans, Nio said, without disclosing figures for specific models.

In the second quarter, Nio delivered 23,520 vehicles, down 6.14 percent from 25,059 in the same period last year and down 24.23 percent from 31,041 in the first quarter.

The second quarter deliveries were slightly above the lower end of the guidance range of 23,000 to 25,000 vehicles it provided on June 9. Nio guided at the time that total revenue for the second quarter would be between RMB 8.742 billion ($1.2 billion) and RMB 9.37 billion.

In the first half of the year, Nio delivered 54,561 vehicles, up 7.35 percent year-on-year.

As of June 30, Nio's cumulative vehicle deliveries reached 344,117 units.

Nio management previously mentioned that the company's goal is to double deliveries this year from last year's 122,486 units.

The figures released today mean that Nio will need to deliver an average of about 32,000 vehicles per month in the second half of the year if it is to achieve that goal.

Nio's delivery rebound in June was helped by the start of deliveries of several new models, particularly the new ES6, which is crucial to it.

The company launched the new ES6, based on the NT 2.0 platform, in China on May 24, and its deliveries began that night.

(Image credit: CnEVPost)

The new ES6 is currently available in only one version in China, starting at RMB 338,000 including batteries, the cheapest Nio SUV.

NIO's overall new order intake hit a year-to-date high, boosted by the launch of the new ES6, Morgan Stanley analyst Tim Hsiao's team said in a research note sent to investors on June 5.

On June 15, Nio launched the ET5 Touring in China, priced exactly the same as the regular ET5 sedan, which currently starts at RMB 298,000. Deliveries of the model began on June 16.

Hours after the ET5 Touring was launched in China, Nio rolled out the model as well as the EL6, known as the new ES6 in China, in Europe .

Both models will be available in Germany, the Netherlands, Sweden, Denmark and Norway, and deliveries will both begin in the fourth quarter in Europe.

On June 28, Nio began deliveries in China of the new ES8, the flagship SUV launched on Nio Day 2022, December 24, 2022.

($1 = RMB 7.2523)

NIO's new order intake hits year-to-date high with launch of new ES6, Morgan Stanley says

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Nio adds 30 new stores, 224 charging and swap stations in Jun

As of June 30, had 125 Nio Houses and 271 Nio Spaces worldwide.

(Image credit: Nio)

Nio (NYSE: NIO) ramped up its offline store and charging facilities in June.

The company added 30 stores in June, including seven Nio Houses, 10 Nio Spaces, 11 service centers and two delivery centers, according to information it announced today.

The seven Nio Houses include five in China and two overseas.

As of June 30, Nio had 125 Nio Houses worldwide, including 119 in China and 6 overseas.

Nio's showrooms include the flagship Nio Houses as well as the smaller Nio Spaces. The former is a space where Nio gives owners a quality lifestyle, in addition to displaying vehicles and selling them.

The company's 10 new Nio Spaces added in June include eight in China and two overseas. The total number of the facility now stands at 271 globally, including 263 in China and eight overseas.

In June, Nio added 11 new service centers, including four in China and seven overseas. This brings the total number of the facility to 307, including 258 in China and 49 overseas.

The two new Nio delivery centers added in June are all located in China.

Nio also added 97 battery swap stations in June, including 95 in China and 2 overseas.

As of June 30, Nio had 1,561 battery swap stations worldwide, with 1,543 in China and 18 overseas.

Nio also added 127 charging stations in June, including 79 supercharging stations and 48 destination charging stations.

As of June 30, Nio had 2,775 charging stations, with 2,767 in China and 8 overseas.

Nio's charging map had access to 125,750 new third-party charging piles in June, including more than 100,000 added overseas.

Nio's charging map now has access to more than 1,240,000 third-party charging piles, including more than 500,000 overseas.

Nio puts 29 swap stations into operation, most ever in single day

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Nio starts to get cells from WeLion, as deliveries of 150-kWh batteries set to begin in Jul

WeLion officially began delivery of the battery cells to , submitted a warranty commitment and the two companies signed an annual order.

(Image credit: WeLion)

Nio's (NYSE: NIO) semi-solid-state battery supplier began delivering high-energy-density cells to it as the Chinese electric vehicle (EV) maker is set to begin delivering them to vehicle owners later this month.

Beijing WeLion New Energy Technology began delivering 360 Wh/kg Li-ion cells to Nio on June 30, holding a delivery ceremony in Huzhou, Zhejiang province, where its manufacturing facility is located.

WeLion executive vice president Xiang Jin formally delivered the battery cells to Nio senior vice president Zeng Shuxiang and submitted a warranty commitment, and the two sides signed an annual order, a press release from the battery maker said today, without disclosing the amount of the order.

The delivery of the battery cells to Nio is an industry-wide milestone event, the result of more than two years of joint team efforts between Nio and WeLion, WeLion chairman Yu Huigen said at the delivery ceremony.

Yu also expressed his gratitude to the Huzhou city government for the smooth start-up of WeLion's phase I plant in the city.

The delivery of this Li-ion battery cell is good news for all Nio owners, who can continue to enjoy the benifits of the battery upgrade, said Nio battery systems vice president Zeng Shizhe.

"Today's delivery is just one small step in the growth of WeLion and Nio together, and hopefully this small step will lead to a big leap in technology for the whole industry," he said.

WeLion also announced at the delivery ceremony that it has officially opened the company's R&D center for Yangtze River Delta in Huzhou.

WeLion is headquartered in Beijing and has four production sites in Fangshan, Beijing; Liyang, Jiangsu; Huzhou, Zhejiang; and Zibo, Shandong, according to its press release.

Of those, the Huzhou site is WeLion's automotive power battery production base, it said, without disclosing details of the other production sites.

Nio unveiled the 150-kWh semi-solid-state battery when it launched its flagship sedan, the Nio ET7, at the Nio Day 2020 event on January 9, 2021.

After that, the battery's delivery schedule was delayed several times, and Nio filed for the use of the pack in its models in early May of this year.

With WeLion's batteries, Nio's vehicles will weigh just 20 kg more than before, according to regulatory filings at the time.

On May 24, at the launch of the new ES6, William Li, founder, chairman and CEO of Nio, announced that the 150-kWh semi-solid-state battery pack will be available in July.

The new Nio ES6 can get a range of 930 km when equipped with the 150-kWh pack, he said at the time.

It is worth noting that this battery pack is currently very costly because it uses the latest technology.

The 150-kWh pack costs about the same as an ET5 sedan, Nio co-founder and president Qin Lihong said at a face-to-face event in Changzhou, Jiangsu province on February 11. The ET5 currently starts at 298,000 yuan ($41,090).

Nio owners will be able to start experiencing the 150-kWh battery pack during the summer, which will initially be available for rent only, with a buyout option available in the future, Qin said at the time.

On November 22, 2022, WeLion saw the first solid-state cell roll off the line at its battery production facility in Huzhou.

WeLion began construction of its Huzhou battery site in 2021 and completed construction of the plant and production line after a year, said Tian Qiyou, general manager of the company's Huzhou branch at the time.

($1 = RMB 7.2523)

NIO files to use semi-solid-state batteries in its vehicles

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Nio puts 29 swap stations into operation, most ever in single day

In June, added 95 battery swap stations in China.

(Image credit: Nio)

Nio (NYSE: NIO) today saw the largest single-day increase in the number of battery swap stations, as the electric vehicle (EV) maker moves toward its goal of adding 1,000 stations this year.

Nio put 29 new battery swap stations into operation in China today, bringing the total to 1,543, with 423 of those stations located along highways.

This is the highest single-day addition of battery swap stations for Nio, surpassing the previous record of 22 on October 31, 2021, according to data monitored by CnEVPost.

In June, Nio added 95 battery swap stations, largely meeting the company's previously mentioned goal.

Nio announced plans late last year to add 400 battery swap stations in 2023, but that plan was raised to 1,000 on February 21.

William Li, Nio's founder, chairman and CEO, said at the time that the company would further accelerate the deployment of battery swap stations, with a goal of having more than 2,300 battery swap stations in China by the end of 2023.

The company will deploy about 100 battery swap stations in June and more quickly thereafter, which will help boost sales, Li said during a June 9 first-quarter earnings call.

In overseas markets, Nio put a new battery swap station into operation in Germany on June 29, its third in the country.

As of June 29, Nio had 18 battery swap stations and eight charging stations in Europe.

Nio also put 18 supercharging stations into operation in China today, bringing the total to 1,482 and providing 7,271 supercharging piles. It added four new destination charging stations today, bringing the total to 1,285 stations with 9,096 charging piles.

The company made a decision earlier this month that will likely have far-reaching implications for its battery swap system.

On June 12, Nio lowered the starting prices of its entire lineup of vehicles by RMB 30,000 ($4,140) and made the previously free battery swap service offered four or six times per month a paid option with an upgrade package that costs RMB 30,000.

The move is expected to increase the appeal of Nio vehicles in areas where battery swap stations are few, as potential customers will not have to worry about paying the extra price but not enjoying the convenience of battery swap service.

Nio's local counterpart (NASDAQ: LI), whose current models are all extended-range electric vehicles (EREVs) that can be refueled, has also begun building out its charging network.

Li Auto today put five supercharging stations into operation, bringing the total number to 30. The company opened the first seven superchargers for trial operation on April 20.

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Nio swap station count update: 29 added, total 1,543

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Nio begins delivery of new ES8 in China

The new ES8 was launched in December 2022 and currently has a starting price of about $68,900 including the battery.

(Image credit: )

Nio (NYSE: NIO) has begun deliveries of the new ES8 in China, having only allowed customers to lock in orders for the flagship SUV earlier today.

Deliveries of the new ES8 have officially kicked off, Nio announced on Weibo this afternoon.

The electric vehicle (EV) maker did not provide more information, including the number of first deliveries of the new ES8.

Nio launched the new ES8 on Nio Day 2022, December 24, 2022, as its first production vehicle transitions to the latest NT 2.0 platform.

The model is offered in three versions – regular version, Executive Edition, and Signature Edition -- and after price adjustments over the past few months, they now start at RMB 498,000 ($68,900), RMB 518,000, and RMB 598,000, respectively, including the battery.

If customers choose to purchase the car using the BaaS (battery as a service) plan, the starting prices for the three versions are RMB 428,000, RMB 448,000 and RMB 470,000 respectively, with the monthly battery rental cost starting at RMB 980.

It's worth noting that as Nio's highest-priced model, the new ES8 is unlikely to contribute much in terms of sales, even though it is one of the best models in its market.

In May, retail sales of models priced above RMB 400,000 in China were 53,000 units, accounting for just 3 percent of all passenger car sales of 1.74 million units, according to the China Passenger Car Association (CPCA).

Prior to the launch of the new ES8, its predecessor saw its highest sales ever in December 2021 at 2,782 units, contributing 26.5 percent of Nio's total sales of 10,489 units for the month, according to data monitored by CnEVPost.

Nio ES8 sales have been below 2,000 units since January 2022, with the less expensive ES6 contributing the bulk of sales in most months.

Nio launched the new ES6 on May 24, with a current starting price of RMB 338,000 including the battery. Deliveries of the new ES6 began on launch night.

When the EV maker reported first-quarter earnings on June 9, it guided for second-quarter deliveries of between 23,000 and 25,000 vehicles, meaning it expects to deliver 10,187-12,187 vehicles in June.

Nio sold 3,200 units last week and 8,000 from June 1 to June 25, according to figures shared yesterday by its local counterpart .

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NIO's new order intake hits year-to-date high with launch of new ES6, Morgan Stanley says

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Nio begins allowing consumers to lock in orders for new ES8

Deliveries of the new ES8, which starts at about $68,900 including the battery, will begin later today.

(Image credit: Nio)

Nio (NYSE: NIO) has begun allowing Chinese consumers to lock in orders for the new ES8, with first deliveries set to begin later today.

The new ES8 began accepting locked orders today, and show cars and vehicles for test drives are already arriving at the company's showrooms in various cities, according to a post on Nio's mobile app today.

The flagship SUV is Nio's transition to the NT 2.0 platform for its first production vehicle, with a length, width and height of 5,099 mm, 1,989 mm and 1,750 mm, respectively, and a wheelbase of 3,070 mm.

Nio is offering three options for the new ES8, including the regular, Executive and Signature editions, with starting prices of RMB 498,000 ($68,900), RMB 518,000 and RMB 598,000, respectively, including the battery.

If consumers choose to purchase the car using the BaaS (battery as a service) plan, the starting prices for the three versions are RMB 428,000, RMB 448,000 and RMB 470,000, respectively, and the monthly battery rental fee starts at RMB 980.

The first owners of the new ES8 will receive a 6-year or 150,000 km vehicle warranty and a 10-year unlimited mileage warranty on the battery, motor and electric control system. They will also receive free lifetime roadside assistance and up to 8 GB of traffic per month for 6 years of free car internet connectivity.

Consumers who purchase the new ES8 on or before July 31 will receive a home charging pile worth RMB 7,500, NOP+ two years free access worth RMB 9,120, Nio Air AR glasses and Nio Air smart ring worth RMB 2,597.

Nio launched the new ES8 on Nio Day 2022 on December 24, 2022, when the starting prices for the three versions including the battery were RMB 528,000, RMB 548,000 and RMB 638,000 respectively.

On June 12, Nio made the previously free battery swap benefit optional, thus reducing the price of all models by RMB 30,000.

Following this move, the starting prices of the three versions of the new ES8 were RMB 498,000, RMB 518,000 and RMB 608,000 respectively.

On June 24, Nio announced that the price of the Signature Edition of the new ES8 was adjusted to RMB 598,000, a further reduction of RMB 10,000. The prices of the regular and Executive editions remain unchanged.

Consumers can purchase the new ES8 with the optional benefit upgrade package in the vehicle configurator for RMB 30,000. The package includes four free battery swap services per month and a 10-year unlimited mileage warranty on the vehicle.

Consumers who purchase before July 31 can upgrade the 4 free battery swaps per month in the package to 6 per month if they forgo the free home charger.

Deliveries of the new ES8 will begin later today, Nio said.

Nio sold 3,200 units last week and 8,000 between June 1 and June 25, according to figures shared yesterday by .

The company guided for second-quarter deliveries of between 23,000 and 25,000 vehicles when it reported first-quarter earnings on June 9, meaning it expects to deliver 10,187-12,187 vehicles in June.

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China NEV insurance registrations for week ending Jun 25: Tesla 16,700, Li Auto 7,500, Nio 3,200

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Nio partners with Chinese oil giant CNOOC on power-up network deployment

CNOOC -- one of China's three largest oil giants -- said it will provide with reliable sites, technology and service support to fuel the rapid growth of its charging and battery swap network.

(Image credit: Nio)

Nio (NYSE: NIO) has entered a strategic partnership with China National Offshore Oil Corporation (CNOOC) at a time when the oil giant, like its other local peers, is seeking to transform itself into an integrated energy service provider.

On June 27, Nio's energy business unit, Nio Power, signed a strategic cooperation framework agreement with CNOOC Refinery, CNOOC's petroleum refining subsidiary, to jointly build charging and battery swap infrastructure, the electric vehicle (EV) maker said yesterday.

Wang Weimin, chairman and general manager of CNOOC Refinery, and Qin Lihong, co-founder and president of Nio, attended the signing ceremony in Hefei, Anhui province, and remotely witnessed the launch of the first joint battery swap station between the two in Huizhou, Guangdong province.

Wang visited one of Nio's manufacturing sites and a Nio House in Hefei and had a hands-on experience at a battery swap station, according to an announcement from Nio.

Guided by China's carbon peak and carbon neutral goals, CNOOC is actively building integrated energy sites and will gradually transform from an energy producer to an integrated energy service provider, Wang said.

CNOOC will next provide Nio with reliable sites, technology and service support to facilitate the rapid development of its charging and battery swap network, according to Wang.

 

CNOOC is China's largest operator of offshore oil and gas production, ranking 65th on the Fortune 500 for 2022 with $127 billion in revenue, according to the Fortune website.

CNOOC Refinery is CNOOC's business in charge of refining and chemical sales, with assets of more than RMB 100 billion, according to Nio's announcement.

Currently, Nio and CNOOC Refinery are already working together in several Chinese provinces and cities, which will provide users with a more convenient energy replenishment experience, the announcement said.

In 2020, China announced its goal of achieving carbon peak by 2030 and carbon neutrality by 2060. Since then, controlling carbon emissions has become a major concern for Chinese society, especially in the energy sector.

In addition to CNOOC, the other two largest Chinese oil giants, Sinopec and China National Petroleum Corp (CNPC), have both made it clear that they will transform into integrated energy service providers.

Sinopec appears to be more aggressive in this transformation, stating in March 2021 that it will aim for carbon neutrality 10 years ahead of the national commitment, with net zero emissions as its ultimate goal.

As part of achieving that goal, Sinopec signed a strategic partnership agreement with Nio on April 15, 2021, to co-build charging and battery swap infrastructure.

At that time, the first Nio second-generation swap station was opened in a Sinopec gas station area in Beijing in the presence of both parties.

On April 15 of this year, the second anniversary of their partnership, the number of charging and battery swap stations they have built together reached 251, according to information previously shared by Nio.

These stations include 102 battery swap stations, 121 supercharging stations and 28 destination charging stations, covering 27 provincial administrative regions and 89 cities.

On November 24, 2021, the first two battery swap stations built by Nio and CNPC were put into operation, marking the official result of their cooperation.

In addition to its partnership with the Chinese oil giants, Nio also signed a strategic partnership agreement with Shell, the world's largest gasoline retailer, in November 2021 to collaborate on charging and battery swap facilities in China and Europe.

The two would jointly install 100 swap stations in China by 2025, according to a statement at the time.

On August 1, 2022, the first Nio-Shell partnership battery swap station and supercharger station went into operation in Xiamen, Fujian province, in southeastern China.

On May 16 of this year, Nio said the first battery swap stations it built with Shell in Europe went live in the Netherlands.

To date, Nio has 1,511 battery swap stations in China and 1,457 supercharging stations offering 7,176 supercharging piles, according to data monitored by CnEVPost.

In Europe, Nio has 17 battery swap stations and 8 charging stations.

Nio reaches 1,500 swap stations in China as it aims for 2,300 by year-end

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