Deliveries of the first model of Nio's third brand, codenamed Firefly, will begin in the first half of 2025, Nio management said.| CnEVPost
Nio Power has secured a RMB 1.5 billion ($207 million) strategic investment, the first external investment the unit has received, to support its continued infrastructure drive.| CnEVPost
William Li said that if Nio's plan to add 1,000 stations in China in 2024 is delayed, it could be by up to 1-2 months. The company is building a third battery swap station assembly plant in Wuhan.| CnEVPost
China has several of the world's largest power battery makers, including CATL, BYD, CALB, and Gotion High-tech, and CnEVPost covers them intensively in its daily coverage.| CnEVPost