NIO is looking to increase the use of its battery upgrade service as owner demand for driving trips increases with the arrival of spring.
The post NIO offers incentive to encourage battery pack upgrades to long range appeared first on CnEVPost.
For more articles, please visit CnEVPost.
NIO's battery R&D team has now exceeded 800 people, with annual R&D investment expected to exceed RMB 1 billion, according to local media.
The post NIO ramps up battery R&D efforts, taps talents from Apple, Panasonic, report says appeared first on CnEVPost.
For more articles, please visit CnEVPost.
This is a full-text translation from CnEVPost of NIO's March 1 earnings call.
The post Full text: NIO Q4 earnings call transcript appeared first on CnEVPost.
For more articles, please visit CnEVPost.
Nio currently operates 4 swap station in Netherlands
The post Nio sold only four cars in the Netherlands in February, down 60% MoM. Cumulative sales reach 101 EVs appeared first on CarNewsChina.com.
If electric cars can be sold to consumers without batteries, the cost can be lower than fuel cars, said Li Xiang.
The post Li Auto CEO says battery swap model promising in cost reduction appeared first on CnEVPost.
For more articles, please visit CnEVPost.
"Even if we exclude these one-time headwinds, vehicle of margin of 13.5% would have been a miss and lowest since 2Q20," Deutsche Bank said.
The post NIO Q4 earnings: Deutsche Bank's first look appeared first on CnEVPost.
For more articles, please visit CnEVPost.
NIO today announced its fourth-quarter earnings results and its management held an analyst call afterward.
The post NIO Q4 earnings call: Live updates appeared first on CnEVPost.
For more articles, please visit CnEVPost.
That delivery volume included 5,037 SUVs, and 7,120 sedans.
The post NIO delivers 12,157 vehicles in Feb, up 43% from Jan appeared first on CnEVPost.
For more articles, please visit CnEVPost.
NIO's vehicle margin was negatively impacted by 6.7 percentage points in the fourth quarter due to accelerated depreciation of production facilities and the loss of purchase commitments for older models.
The post NIO reports record Q4 revenue, but falls short of expectations appeared first on CnEVPost.
For more articles, please visit CnEVPost.
As of February 28, NIO had 296 NIO Spaces worldwide, a reduction of three from 299 at the end of January.
The post NIO adds 6 new service centers, 8 swap stations globally in Feb appeared first on CnEVPost.
For more articles, please visit CnEVPost.