Since its inception in 2016, Nio Capital has raised five funds, including three US dollar funds and two RMB funds, with a total management scale of RMB 15 billion.
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Nio has an aggressive target for the first model of Alps codenamed DOM, despite the short delivery window available during the year, according to the local media.
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Nio's eight models are included in a regulatory catalog that all add significantly shorter range options.
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If it moves forward smoothly, Nio will be the fastest among Chinese companies to mass-produce end-to-end features, LatePost said, citing a person close to the company.
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The upcoming Chinese New Year holiday is February 10-17 and will cause significant disruptions to production and deliveries in the automotive industry, making it harder to accurately predict delivery wait times.
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At the end of January, NOP+ reached 651,640 kilometers of urban road coverage in 606 cities.
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Nio delivered 10,055 EVs in January, up 18.2% from 8,506 in the previous year, the company announced in a press release. However, last year, the Chinese New Year fell on January 22. The cumulative deliveries of Nio reached 459,649 as of January 31, 2024. The article is being updated with details. Here is the reprint […]
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The beginning of the year is usually a low point for car sales in China due to seasonal factors. Nio's deliveries in January included 6,307 SUVs and 3,748 sedans.
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United Nova said it will be the production supplier for Nio's first in-house developed 1200 V SiC module, helping the EV maker build on its leadership position in the 900 V high-voltage platform.
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During January 1-28, Nio was 9,900 units, Xpeng 6,800, Li Auto 27,100, Tesla 35,200 and BYD 168,500.
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