Nio

The European Union launched an investigation over Chinese EV subsidies as the global markets are “now flooded with cheaper electric cars.” European Commission President Ursula von der Leyen revealed the probe Wednesday, claiming Chinese EV makers benefit from state subsidies.

Nearly four years after debuting its first-generation SUV model, NIO is on the cusp of officially unveiling its 2023 EC6 refresh and is poised to roll it out quickly. The revamped electric SUV will make its official launch this Friday with initial customer deliveries to begin almost immediately.

The last NIO model to convert to the automaker’s second-generation platform, the EC6, was spotted ahead of its official debut in September. NIO’s CEO, William Li, believes the new EC6 “will be dominating the major market share” in its segment after launching.

The first photos of NIO’s new “Alps” brand have allegedly emerged online. The new EV brand is designed to take NIO mainstream, positioning itself to compete with automaking giants like Toyota and Volkswagen in the mass-market segment.

EV maker NIO released what may be its most important electric car yet, the ES6, in May. Despite its compact size, the NIO ES6 electric SUV is already making a significant impact.

EV startup NIO is set to release its first smartphone, “NIO Phone,” in the third quarter of 2023, after passing the last major step needed to sell the device in China.

Chinese EV maker NIO delivered over 20,000 vehicles in July, breaking a new monthly sales record. The success was driven by the new ES6, which broke NIO’s monthly sales record for a single model.

As an American automaker, Tesla continues to grow its production footprint (and sales sheet) in China, but the same opportunities are not currently available to Chinese EV automakers, like NIO, hoping to enter the US market. NIO CEO William Li hopes that will soon change as both he and Elon Musk stress the need for improved relations between the US and China.

Shanghai-based EV maker NIO marked a significant milestone this week with its Navigate on Pilot (NOP+) advanced driver assist software now live in Beijing. NIO says its NOP+ ADAS was launched on expressways and urban expressways within Beijing’s fifth ring road.

Mere days after gathering over a dozen automakers building EVs in China to commit to a non-binding pledge to avoid further price wars, China’s Association of Automobile Manufacturers, at the advisement of the country’s Ministry of Industry and Information Technology, has retracted the pledge after quickly catching flack promoting potential monopolization.

Two and a half years after first sharing plans to implement a 150 kWh solid-state battery pack in its EVs, NIO appears poised to finally do just that. The automaker’s digital user manuals now feature specifications of the solid-state pack, supplied by WeLion – debuting on the upcoming ES6 SUV. The additional supports recent promises from NIO’s chief that customers in China will be able to select the energy-dense pack as early as this month.

A slew of automakers in China have banded together and pledged to regulate how they market their EVs and avoid further price wars to help stabilize a booming market for consumers. Chinese EV automakers like NIO, XPeng, and BYD have been joined by the likes of Tesla to promote healthy competition and less “bad blood” overseas.

Chinese EV automaker NIO has confirmed that a holding firm backed by the Abu Dhabi government is investing close to $740 million dollars in exchange for new Class A shares in the company. As a new minority shareholder, NIO intends to jointly pursue new global business opportunities and accelerate growth in new markets outside of China.

EV maker NIO has officially launched its first electric station wagon, the ET5 Touring. The electric tourer (or station wagon) is developed with the European market in mind and is set to rival BMW, Porsche, and other premium automakers in their home territory.

EV maker NIO revealed Monday it’s slashing prices on all of its models by $4,200 (30,000 yuan) in China in addition to ending free battery swapping services, effective immediately.

American EV startup Lucid (LCID) is beginning preparations to enter the largest EV market globally. Newly hired Zhu Jiang, a former executive at NIO, Ford, and other high-profile automakers, revealed plans Thursday to lead the EV maker’s expansion into China.

NIO’s new ES6 already looks to be a key factor as the EV maker looks to expand its brand and compete in the booming Chinese electric vehicle market. According to Morgan Stanley, NIO hit a new year-to-date order intake record aided by the launch of the second-generation ES6.

Recovering demand in China’s booming EV market led to all major EV builders seeing a rise in sales over the last month. Although NIO was the exception, the EV startup began delivering its second-generation ES6 and is launching a new midsize electric tourer this month.

After launching the second-generation ES6 last week, new data shows NIO (NIO) collected nearly 30,000 pre-orders after three days on the market.

EV maker NIO officially launched the new ES6 electric SUV on Wednesday. Despite the ES6’s compact size, NIO expects significant results from its second-generation electric SUV.

Two years after announcing an initial partnership to implement EV battery swap stations together, NIO and Shell have opened their first station in Europe. The new location joins several swap stations already implemented in China, as both parties look to expand their footprint together on two separate continents.