Tag: NIO

NIO Power now carrying out 97,000 EV battery swaps a day

Chinese EV manufacturer NIO's commitment to EV battery swapping as a key part of future EV infrastructure is showing no signs of letting up, after the firm announced it has reached a milestone of...

NIO continues European EV expansion with new market launches

Chinese EV manufacturer NIO is set to continue expanding its European sales reach, announcing its intention to move into a further seven sales territories.This will also include NIO's new lower-cost subsidiary, Firefly.The automaker will...

Can NIO’s new subsidiary take on cheap EVs in Europe?

Chinese automaker NIO revealed the first car from its new sub-brand, Firefly, this week at the Shanghai Auto Show, which will join an increasingly busy market of cheap EVs.Taking the form of a fully-electric...

UK EV startup Forseven merges with McLaren Automotive

Following McLaren Automotive’s acquisition by Abu Dhabi investment firm, CYVN Holdings, the supercar maker is now merging with British electric car startup brand, Forseven.CYVN Holdings already owns a majority stake in Forseven, and also...

EV price crash as Nio launches the Onvo L60 SUV

Nio launched the Onvo L60 SUV, a lower-priced brand, starting at 219,900 yuan.The launch coincides with Biden's plan to quadruple import taxes on Chinese EVs, challenging Nio’s global expansion.Despite industry challenges, Nio will introduce...

NIO ET7 tops over 1,000 km range, on one charge, in real-world tests

The updated NIO ET7, which was revealed earlier this week, has achieved an impressive distance of 1,070km (664 miles) on a single charge of its 150kWh battery pack.The company tried out three different routes...

Is battery swapping the key to an electric future? 

Battery swapping market to surge from £1.7 billion to £11.8 billion by 2027, with a 46.9% CAGR, driven by increased adoption for EVs.Key players like NIO Power, Gogoro, and Immotor are shaping the industry's...

Nio set to takeover Europe’s streets with budget-friendly EVs

Nio breaks ground with two new EV brands, racing toward prototype validation.Nio's Alps brand accelerates into Europe with three affordable models and a bold internet-based direct approach.The Firefly brand looks to spark up affordable...

NIO propels battery swapping technology with 27 Power Swap Stations globally

NIO opens 27 new Power Swap Stations globally to expand battery swapping technology.Swedish stations handle 408 swaps daily, contributing to 33 million global swaps.NIO's Battery Swap gains momentum with partnerships, transforming European journeys.NIO opens...

Battery swapping could boom as Geely and NIO collaborate

Geely and NIO unite in Hangzhou, emphasizing battery swapping.CEOs Jack Liu (Yiyi Power, Geely) and Fei Shen (NIO) sign an agreement covering battery standards and swapping tech.Reflecting rising acceptance, the collaboration could streamline EV...

NIO, one of China’s most rapidly rising EV manufacturers, delivers over 400 vehicles daily

In 2023, NIO achieved a significant milestone with over 400 daily vehicle deliveries.Between Q1 and Q3, NIO delivers 109,993 vehicles, marking a 33.43% YoY growth.Despite challenges, NIO's success highlights China's EV innovation and global...
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