Nio hold-ups Firefly EV launch in Europe to Q3 2025
NIO prepares to broaden firefly sales to 20 nations and areas outside China.
Nio companions with Alibaba for clever cabins
Alibaba’s QWEN version will certainly allow AI-powered conversational capacities in Nio’s clever cabin.
Nio takes on ROI-based administration, targets earnings by 2025
Nio’s brand-new administration system is based upon the ROI evaluation job, intending to make earnings in the fourth quarter of 2025.
Nio, CATL ink critical bargain on battery exchanging
The collaboration intends to systematize battery swap modern technology for Nio auto.
Nio gives up personnel throughout essential divisions
The discharges fasted, and some workers finished the button within 20 mins of alert.
Nio protects $552m from 2 Chinese state-owned companies
This enhances Nio’s authorized funding from RMB 7.857 billion (US$ 1.08 billion) to RMB 8.257 billion (US$ 1.14 billion).
Nio rejects task cut reports
Nio rejected reports of a 50% decrease in labor, stating the insurance claims were “completely ludicrous”.
Xiaomi cooperates with NIO, Xpeng and Li Auto for electric vehicle charging
Xiaomi Charging Map integrates a total of more than 29,000 electric vehicle charging points across multiple platforms.
Nio launches Firefly EV with battery swap technology
The small electric car is priced at 148,000 yuan ($20,284) and will be delivered starting in April 2025.
NIO aims for profitability and global growth by 2026
NIO aims to deliver 220,000 vehicles in 2024 and plans to double that number in 2025.