On June 7, Wuhan NIO Energy Co., Ltd. (“NIO Power”) and GAC Energy Technology Co., Ltd. (“GACE”) officially entered into collaboration on charging networks. According to the agreement, the two companies will open their charging facilities to each other through dynamic data…

NIO Reports Unaudited First Quarter 2024 Financial Results Total revenues were RMB 9,908.6 million (US$1,372.3 million) in the first quarter of 2024, representing a decrease of 7.2% from the first quarter of 2023 and a decrease of 42.1% from the fourth quarter of 2023. Vehicle…

On June 6, J.D. Power, the consumer insight and market research institution, released its 2024 China New Energy Vehicle-Initial Quality Study (NEV-IQS). NIO ES8 and ET5/ET5T ranked first respectively in the premium BEV and midsize BEV car segments. #NIO #BlueSkyComing #ES8 #ET5…

NIO delivered 20,544 vehicles in May 2024, representing a substantial increase of 233.8% year-over-year. The deliveries consisted of 12,164 premium smart electric SUVs, and 8,380 premium smart electric sedans. Cumulative deliveries of NIO vehicles reached 515,811 as of May 31,…

On May 31, 2024, NIO Energy Investment (Hubei) Co., Ltd. ("NIO Power") received a strategic investment of RMB 1.5 billion led by Wuhan Guangchuang Emerging Technology Venture Capital Fund Phase I (Limited Partnership) ("Wuhan Guangchuang Fund"). This round of funding will be…