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Tag: Nio


Industry Focus Areas, Motorized Vehicle

Nio joins race for cash with share sale

December 11, 2020

Via: Automotive News

Chinese electric-vehicle maker Nio Inc. joined the rush for fundraising among new-energy vehicle manufacturers, capitalizing on a 11-fold increase in its share price this year to boost its coffers. The manufacturer is selling 60 million American depositary shares in a […]


Industry Focus Areas, Motorized Vehicle

Nio boosts size of share sale by 20% amid EV stock frenzy

August 31, 2020

Via: Automotive News

Nio Inc. boosted the size of its capital raising by almost 20 percent as investors rush stock sales by EV makers. The U.S.-listed, Shanghai-based firm sold 88.5 million American depositary receipts at $17 apiece, according to an emailed statement Monday. […]


Industry Focus Areas, Motorized Vehicle

Nio to offer battery leasing for EVs, looks to enter Europe in ’21

August 20, 2020

Via: Automotive News

SHANGHAI — Batteries are by far the most expensive component of an electric vehicle, and swinging raw-material prices can make the task of lowering their cost more difficult. China’s Nio Inc. and Contemporary Amperex Technology Co. aim to lighten that […]


Industry Focus Areas, Motorized Vehicle

Shares of electric vehicle makers Nio and Nikola could be a better bet than Tesla, traders say

August 4, 2020

Via: CNBC

Two electric vehicle stocks are catching up to Tesla. Nio and Nikola shares have been speeding higher. Both have kept up to Tesla’s more than 200% rally in 2020. Nikola surged another 22% on Monday after catching a buy rating […]


Industry Focus Areas, Motorized Vehicle

Electric vehicle maker Nio eyes listing of new China entity

May 28, 2020

Via: Reuters

Nio secured a 7 billion yuan ($989 million) investment in Nio China from state-controlled investors last month. It would make a comprehensive decision about a stock market listing based on capital market conditions, Nio’s chief executive Li Bin said on […]


Industry Focus Areas, Motorized Vehicle

Higher EV demand drives Tesla-rival Nio’s quarterly sales beat, shares rise

December 30, 2019

Via: Reuters

Revenue jumped nearly 22% to 1.7 billion yuan from a year earlier on sales of 4,196 units of ES6 model in the quarter and 603 units of pricier ES8- a seven-seater sport-utility electric vehicle widely seen as a rival to […]


Industry Focus Areas, Motorized Vehicle

Tesla rival Nio tumbles after deliveries disappoint

September 24, 2019

Via: Reuters

(Reuters) – U.S.-listed shares of Tesla Inc (TSLA.O) rival NIO Inc (NIO.N) tumbled more than 18% on Tuesday after the Chinese electric carmaker posted a drop in quarterly vehicle sales, blaming a cut in subsidies and weak demand. China has […]


Design & Planning, Process

EV maker Nio plans Beijing plant, will likely seek a partner: CEO

May 31, 2019

Via: Reuters

BEIJING/SHANGHAI (Reuters) – Chinese electric vehicle (EV) maker Nio Inc is keen to build a production base in Beijing and will likely seek a manufacturing partner, Chief Executive Officer and founder William Li said this week. His comments come after […]