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NIO Brings Its 2024 Model Lineup and Full-Stack Technologies to Auto China
#nio #2024nio #autochina2024 #germancarforum April 25th, 2024, Beijing – Auto China 2024 (the 18th Beijing International Automotive Exhibition) officially opens. Under the theme“Lead the Change”, the smart electric vehicle company NIO has presented eight 2024 models, including the smart electric executive sedan ET7, which was officially launched at the auto show. In the meantime, over 200 NIO User Volunteers will be at the stand to introduce NIO to more people, collectively communicating the vision of "Blue Sky Coming". The 2024 NIO ET7 Executive Edition is a premium sedan for the business community. Catering to the premium executive needs, the model has undergone major upgrades in six aspects, including interior and exterior design...
Chinese Tesla rival Nio and giant Tencent partner to work on self-driving tech
Chinese electric vehicle maker Nio and tech giant Tencent agreed to work together on autonomous driving and high-definition mapping. Chinese electric vehicle maker Nio and tech giant Tencent agreed to work together on areas including autonomous driving and high-definition mapping. Tencent — a gaming, social media and cloud computing titan — has signed a cooperation agreement with Nio, one of Tesla’s rivals in China, as the firms look to cash in on Beijing’s focus on so-called new energy cars. The partnership could allow Tencent to do this, while also giving Nio the technology backing of one of China’s biggest firms. Tencent is already a major investor in Nio, which is striving to differentiate itself from a sea of electric car...
Nio reports wider second-quarter loss despite increase in EV shipments
Nio's second-quarter loss widened, but the company expects higher production and deliveries in the third quarter. Chinese electric vehicle maker Nio lost $409.8 million in the second quarter, representing significantly widening losses. The company’s vehicles deliveries surpassed year-ago levels and exceeded its own guidance. CEO William Bin Li said in a statement Wednesday that the second half of 2022 is a “critical period” for the company. Chinese electric vehicle maker Nio had a loss of $409.8 million in the second quarter, representing significantly widening losses, despite deliveries that surpassed year-ago levels and exceeded its own guidance. Here are the key numbers from Nio’s second-quarter earnings report. Revenue: $1.54...

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