Nio delivery fell 12% year-on-year to 707 in Feb
Nio's February delivery fell 12% year-on-year to 707 units, of which ES6 delivered 671 units, the company annoucement on Tuesday.
Nio announces $235 million convertible note financing
Nio announced today that it has completed a $235 million convertible note financing. The investors are a number of Asian investment funds, all…
Nio will burn another 14 billion yuan before break even in 2023, report says
Considering that Nio is carrying $1.5 billion in debt and that its free cash flow for fiscal 2019 is expected to be negative $1.4 billion…
Nio’s funding woes reflect challenges faced by Chinese EV startups
At a time when many people thought that Nio had run out of life, a "knight in white" gave a helping hand when Nio was most difficult.
Nio says will focus on sales of EC6 and ES8 after China headquarters settled in Hefei
Almost at the last moment, Nio was once again getting the long-awaited funding: more than 10 billion yuan. The capital market gave positive…
Nio founder denies Geely investment report
In response to previous reports that Geely will invest 300 million US dollars in Nio, Nio chairman and CEO Li Bin today denied the rumor.
Nio founder says China headquarters in Hefei is a reasonable choice
On February 25, the Nio SUV EC6 mass production project was launched at the Hefei Jianghuai Nio Advanced Manufacturing Base.
Nio plans to list on China’s newly established technology board by 2025
At the signing ceremony, the two parties also proposed that by 2025 Nio will be listed in China's "SSE Star Market" (Sci-Tech innovAtion…
Geely still intends to invest in Nio, report says
Geely still have an intention to invest in Nio, especially after the failed acquisition of Aston Martin, Geely needs new projects to improve…
Nio China headquarters will be in Hefei, EC6 mass production starts
Nio signed a cooperation framework agreement with Hefei City, and leaders of Anhui Province and Hefei City attended the signing site.…