Multiple execs from Nio's smart driving team have departed, report says - CnEVPost
Nio's head of AI platform, head of world model, and head of smart driving products have recently left the company, according to a local media report.| CnEVPost
Nio's head of AI platform, head of world model, and head of smart driving products have recently left the company, according to a local media report.| CnEVPost
Nio's third factory will officially start production in September, and some production lines will operate on a double shift basis as needed.| CnEVPost
In the September 1-21 period, China's total passenger vehicle retail sales amounted to 1.191 million units, up 1 percent from the same period last year.| 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 plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.| CnEVPost
Nio's third factory will start production in September, which is expected to support the upcoming delivery of the Onvo L90.| 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
