Chinese electric vehicle (EV) maker Nio (NIO -0.46%) has given investors plenty of reasons to be frustrated over the years. Between delayed profitability and net losses, a brutal Chinese automotive price war, and heavy capital expenditures for its battery-swap network, the…
Gasgoo Munich- NIO Inc. delivered 35,836 vehicles in August 2026, an increase of 14.5% year over year. Deliveries comprised 21,174 vehicles from the NIO brand, up 101.2%; 8,810 from ONVO; and 5,852 from FIREFLY, up 34.7%. NIO ES9; image source: NIO Inc. From January through August, NIO Inc. delivered…
Bestway Group launched Chinese auto giant Geely Auto in Pakistan, introducing three new energy vehicle models. This marks Bestway's entry into the automotive sector, with plans for local assembly and a comprehensive EV ecosystem. Bestway Group has launched Chinese auto…
For EV companies like Nio Inc. (NYSE:NIO), operating charging and battery-swapping networks offer many benefits. Battery swapping can reduce recharging times, while Nio's battery-as-a-service model can also lower upfront vehicle purchase costs. The charging infrastructure is also a revenue…
Nio‘s Firefly has officially announced the launch of a new 60kWh CATL ternary battery pack. The newly introduced 60kWh battery pack boosts the vehicle’s performance, extending the CLTC-rated range from 420 km (~340 km WLTP) to 560 km (~454 km WLTP). Despite the increased capacity,…
Huawei‘s intelligent automotive component subsidiary, Yinwang (or Newcool), has entered into a strategic partnership with CATL and its battery-swapping service arm, Chocolate Swap. The agreement, signed on October 19, 2026, aims to integrate Huawei’s intelligent driving solutions with CATL’s “Chocolate” battery-swapping…
U.S.-listed shares of Nio, Inc. (NIO) touched an 18-month low on Wednesday as CEO William Li laid out two tests for autonomous driving’s next phase: customers must be willing to pay, and they must see measurable evidence that the tech…
Aistaland, the brand jointly created by GAC Group (HKEX: 2238) and Huawei, is reportedly planning new battery swap models, making it the latest brand to surface under the battery swap partnership between Huawei's automotive business and CATL (HKEX: 3750). Lanjinger reported on…
body { font-size: 16px; line-height: 34px;... Yinwang, CATL, CAES partner on automated battery swapping Gasgoo Munich- Huawei-affiliated Chinese smart vehicle company Yinwang Intelligent Technology, CATL and Contemporary Amperex Energy Service Technology Ltd. ("CAES") signed a strategic cooperation framework agreement on October 19 to develop…
Shares slipped 1.17% to $3.39 on October 19, the first trading session after the claim, leaving the stock down 33.53% in 2026. Without NIO’s two cheaper brands, there would be no lead. According to NIO’s investor relations materials, the company delivered 109,178 vehicles in Q3. The NIO…
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