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Nio
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Nio

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Nio
Nio
Nio builds premium electric vehicles in China. The company’s EVs feature swappable batteries that allow drivers to get back on the road minutes after pulling into battery-swap stations. It has signed partnership agreements with other carmakers, Zhejiang Geely and Changan Automobile, to build cars with the technology and expand the country’s network of swap stations. It operates two plants, both in Hefei, the capital of Anhui province.
Chairman / President
Li Bin
CEO / Managing Director
Li Bin
CFO / Finance Director
Qu Yu
Industry
Automotive, Electric Vehicles
Website
nio.com
Headquarters address
Nio House, No. 399, Kaiqing Road, Jiading District, Shanghai, China
Stock Code
NYSE:NIO
SEHK:9866
Year founded
2014
Shanghai-based Nio is the only mainland carmaker that builds swap-ready EVs. Photo: Facebook/Nio
Electric & new energy vehicles

Chinese EV maker Nio raises US$2.6 billion bet on battery swapping

Company touts 100 million swaps, but fast-charging batteries are eating into the technology’s speed advantage, analyst says.

Electric & new energy vehicles

Tesla, Xiaomi vie for Chinese EV buyers with cheaper, longer loans

Electric & new energy vehicles

Chinese EV makers’ shares skid as sales slide after tax incentive ends

Electric & new energy vehicles

How Tesla’s AI shift is prompting Chinese rivals to expand tech offerings

As Tesla diversifies into humanoid robots and self-driving cars, its Chinese competitors are also moving into flying cars, robots and chips.

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Xpeng’s X2 flying car is displayed at the Gaikindo Indonesia International Auto Show in Tangerang, Banten, Indonesia, in July 2025. Photo: Shutterstock
European Union

Opinion | On EV targets, Europe should take a page from China’s playbook

To avoid dilemmas associated with grandiose, fixed-date bans, the European Union can embrace China’s approach and pursue an inclusive green agenda.

Electric & new energy vehicles

Chinese EV makers’ outlook overseas improves as Europe levels the playing field

Europe’s 33 per cent EV sales growth outpaces the mainland in 2025, while Germany launches a US$3.5 billion subsidy programme.

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Electric & new energy vehicles

China-EU tariff consensus on EVs will cut shipments but boost profits

Agreement on price floors will allow mainland carmakers to avoid price wars and nurture brand reputation, analysts say.

People view BYD cars during the Brussels Motor Show in Brussels, Belgium, on January 10, 2026. Photo: Xinhua
Electric & new energy vehicles

China’s CATL, Nio deepen partnership to develop extended-life EV batteries

Joint effort highlights urgency as industry – including 40 million EV owners – braces for costly replacements.

China economy

Opinion | Innovation and exports will winnow China’s car industry in 2026

Exports will be key to profitability and chips will be the new battleground but consolidation is likely to be confined to the battery sector.

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Robotics

Building a humanoid robot without China? Then you better bring a bigger wallet

China has issued five times the number of patents related to humanoid robots than the US, says Morgan Stanley.

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A technician teaches a humanoid robot to use a wrench to tighten a bolt at a data collection pre-training center for humanoid robots in Hefei, east China’s Anhui Province. Photo: Xinhua
Electric & new energy vehicles

Chinese lidar maker Seyond, founded by former Baidu engineers, debuts in Hong Kong

Its lidar sensors are used by carmakers such as Nio, as well as in robotics, unmanned delivery and industrial automation scenarios.

A view of Nio’s car assembly line in Hefei, Anhui province, China, April 22, 2025. Photo: EPA-EFE
Electric & new energy vehicles

China’s EV makers post stellar sales before incentives are phased out next year

Leapmotor leads the pack with record sales for a seventh month in a row, while Voyah and Zeekr put on a strong performance.

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Electric & new energy vehicles

China EV profit woes fuel market anxiety over challenging 2026

Investors quickly turn against EV makers as earnings fall short, and next year looks even more difficult, analysts say.

Electric & new energy vehicles

Chinese EV makers step on gas abroad amid weakening mainland sales

A growing export drive by Chinese EV makers aims to soak up overcapacity and secure better profits as incentives fade.

Leapmotor announced this week that two of its models would make their debuts in Brazil and Chile. Photo: Handout
Made in China 2025

Chinese EV makers accelerate robotics drive for ‘game-changing’ edge over US

Xpeng, Cherry and others expand beyond cars, with humanoid robot Iron winning praise from Tesla CEO Elon Musk.

Xpeng’s humanoid robot Iron relies primarily on visual data for training and decision-making. Photo: Shutterstock
US-China tech war

Ant Group joins China’s nuclear fusion funding surge as AI fuels energy demand

Ant Group’s backing of fusion start-up Xeonova underscores the growing flow of capital in China’s experimental energy frontier.

Semiconductors

Volkswagen to make own chips in China for locally made autonomous vehicles

‘We are moving beyond localised production to mastering the core technologies that shape tomorrow’s mobility,’ VW China CEO says.

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IPO

Chinese EV maker Seres’ shares close unchanged in lacklustre Hong Kong debut

Trading under the stock code 9927, Seres’ shares fell as much as 10.3 per cent before closing flat at its IPO price of HK$131.50.

Seres’ Aito M9 has become the bestselling luxury vehicle in China. Photo: Costfoto/NurPhoto via Getty Images
China-EU relations

As China’s EV boom makes the EU anxious, is it too late to work together?

Decades after their first joint venture, EU carmakers fear losing their markets to China’s upstarts. Is it too late for them to work together?

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Electric & new energy vehicles

China’s EV giants head overseas as domestic price war bites

China’s EV makers ship 2.01 million pure electric and plug-in hybrid vehicles overseas in the first eight months of the year.

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Electric & new energy vehicles

Xiaomi takes on Porsche with customised luxury EVs in China

The Chinese EV maker has started a bespoke service that adds at least US$14,000 to the sticker price of an SU7 Ultra EV.

Xiaomi’s SU7 Ultra EV is unveiled during in Beijing on October 29, 2024. Photo: Reuters
China-EU relations

Germany’s Bavaria welcomes Chinese investment, state minister says

Hubert Aiwanger, Bavaria’s minister for economic affairs, says state hosts around 500 Chinese companies that have created thousands of jobs.

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German Chancellor Friedrich Merz (left) is introduced to a BMW iX3 car by BMW CEO Oliver Zipse (centre) as Bavarian State Premier Markus Soeder looks on at the IAA Mobility international motor show in Munich on Tuesday. Photo: AFP
Electric & new energy vehicles

Chinese EV maker Nio eyes US$1.1 billion in proceeds from share placement

Shanghai-based Nio says proceeds to be used to enhance its development and replenish capital amid a price war.

United States

Lidar giant Hesai seeks US$500 million in Hong Kong IPO amid US-China tensions

In 2024, about 28 per cent of its revenues came from exports, mainly to North America, Europe and Asia-Pacific.

Electric & new energy vehicles

China’s EV makers face uphill task to meet 2025 break-even target

From Nio to Xpeng and Zeekr, China’s EV start-ups have been reporting smaller second-quarter losses as discounts lured more buyers to battery-driven cars.

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Nio’s EV workers inspected a vehicle chassis on an automated production line in eastern China’s Hefei city on January 17, 2025. Photo: Getty Images
Hong Kong stock market

Hong Kong stocks dip as investors eye Nvidia results amid US-China tech tensions

Chinese AI chipmaker Cambricon rises after posting a first-half net profit of 1.03 billion yuan, swinging from a year-earlier loss.

Pedestrians cross the road in Hong Kong’s Causeway Bay. Photo: Sun Yeung
Electric & new energy vehicles

Tesla’s revamped Model Y aimed at regaining mainland market share from rivals

The six-seat Model Y L SUV is priced from 339,000 yuan (US$47,182), with deliveries to commence next month.

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Electric & new energy vehicles

Leapmotor’s stock and sales soar to become a new challenger in China’s EV market

The company has raised its 2025 sales target to 500,000 units and is tipped to deliver its first annual profit.

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