CATL in talks to buy controlling stake in Nio Power, report says - CnEVPost
CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.| CnEVPost
CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.| CnEVPost
This is the second such partnership Nio has struck in the past few days as it continues to push forward with the construction of battery swap stations.| CnEVPost
Nio has teamed up with Future Science City Group in Beijing to jointly build 100 battery swap stations.| CnEVPost
As of today, Nio has 2,589 battery swap stations in China and 92 in Hubei province.| CnEVPost
Nio Power will build a new battery swap station manufacturing facility in Wuhan, targeting an annual capacity of more than 1,000 battery swap stations.| CnEVPost
China's wholesale sales of passenger NEVs were estimated at 1.14 million units in February, up 37 percent year-on-year and up 37 percent from February.| CnEVPost
The Model Y L is larger than the 5-seat Model Y and is expected to be priced at around RMB 400,000 ($55,710).| CnEVPost
Nio priced its new share offering at HK$29.46 per share, a 9.49 percent discount to Thursday's closing price in Hong Kong, for a total offering amount of HK$4.03 billion.| CnEVPost
Nio plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.| CnEVPost
Onvo L90 will begin pre-sales on July 10, with display vehicles available in all stores at that time.| CnEVPost
This is the third battery swap station partnership with a state-owned company that Nio has announced in the past month.| CnEVPost
Nio completes offering of 136,800,000 shares of class A ordinary shares at an offering price of HK$29.46 per share.| CnEVPost
Li Auto's sales target for this year is 700,000 vehicles, representing about 40 percent growth, according to local media.| CnEVPost
