NIO releases an official response for the purported investment interest on behalf of GAC Group

NIO has provided its June and second quarter 2020 delivery results. The company has delivered 3,740 vehicles in June 2020, representing a strong 179.1% growth year-over-year. The deliveries consisted of 2,476 NIO ES6 units and 1,264 NIO ES8 units. NIO delivered 10,331 vehicles in the second quarter of 2020, representing an increase of 190.8% year-over-year and an increase of 169.2% quarter-over-quarter. As of June...

5 July 2020

The "Next Generation Smart SUV" GAC Aion V was officially announced simultaneously in Guangzhou, Shanghai and Shenzhen. At the press conference, the general manager of Guangzhou Automobile New Energy Gu Huinan announced the price which starts from 159,600 yuan ($22,520) to 239,600 yuan ($33,810) after subsidy. The model is available in five versions. It feature key remote parking, GEP2.0 all-aluminum pure electric...

18 June 2020

NIO has delivered 3,155 vehicles in April 2020, representing strong consecutive growth of 105.8% month over month and a 180.7% growth year over year. The deliveries consisted of 2,907 NIO ES6 units and 248 NIO ES8 units. The company commenced deliveries of the all-new ES8 with more than 180 improvements on April 19, 2020. As of April 30, cumulative deliveries of the ES8 and the ES6 reached 38,906 vehicles, of which...

7 May 2020

NIO has today announced entering into definitive agreements for investments in NIO China with a group of investors led by Hefei City Construction and Investment Holding (Group) Co., Ltd., CMG-SDIC Capital Co., Ltd., and Anhui Provincial Emerging Industry Investment Co., Ltd. These companies will invest an aggregate of RMB7 billion in cash into NIO (Anhui) Holding Ltd. The cash will be distributed in various NIO...

29 April 2020

NIO has announced the new 2020 NIO ES8 for the Chinese market. undergone more than 180 upgrades in appearance, interior, power, endurance, and intelligent technology. The new 2020 NIO ES8 is based on a new electric propelling system. It features a 160 kW permanent magnet motor and a 240 kW induction motor. It has a 0-100 km/h acceleration of 4.9 seconds. The vehicle also has a new 100 kWh liquid-cooled battery pack...

20 April 2020

Today NIO unveiled its February 2020 numbers. According to the report, NIO delivered 707 vehicles in February 2020, including 671 NIO ES6 units and 36 NIO ES8 units. Deliveries of the new ES8 are planned to begin in April 2020. As of February 29, 2020, cumulative deliveries of the ES8 and the ES6 reached 34,218 vehicles, of which 2,305 vehicles were delivered in 2020. In addition, the Q4 and Full Year 2019 financial...

10 March 2020

Earlier today, NIO provided its January 2020 delivery results. For the first month of this year, the company has delivered 1,598 vehicles which is 11.5% down compared to the same month last year. There are two explanation for this: 1) extended holidays for the Chinese New Year; 2) the unfortunate outbreak of the novel coronavirus first identified in Wuhan, China. The NIO ES6 was NIO's best selling car for last month...

10 February 2020

On January 15, Chinese media reported that GAC Group plans to invest 1 billion US dollars in NIO. It is believed that with the launch and delivery of the NIO EC6, the brand's demand for funds will increase, and the next round of financing will become the focus of external attention. At the Q3 financial report meeting, the company's Chief Financial Officer (CFO) Feng Wei said that NIO has made significant progress in...

15 January 2020

At the Guangzhou Auto Show, GAC Group has showcased the all-electric GAC ENO.146. The .146 in the name stands for the drag coefficient of the vehicle which is one of the lowest in the world. It was presented by Zhang Fan, Vice President of GAC Research Institute. The Aion S and Aion LX are also at display along with optimized sensor equipment, GAC Group's third-generation powertrain, ADiGO intelligent IoT system...

29 November 2019

Announced on April 16 earlier this year at Auto Shanghai 2019, GAC Aion LX is now ready to market. The vehicle has a drag coefficient of 0.288, wheelbase of 2920 mm and its dimensions are as follows: 4786 x 1935 x 1685 mm (L x W x H). There are four trims depending on the battery capacity and power. The base version GAC AION LX 60 has a 70 kWh pack (NCM523/Farasis) and a 135 kW motor. It is followed by the GAC AION...

1 September 2019

ProLogium Technology has announced that it has signed an agreement with NIO in Thailand. Both parties have agreed to build a prototype of an all-electric vehicle that uses ProLogium's solid-state battery pack. They will also further cooperate on the production and application of solid-state batteries. Thus, NIO joins the ranks of companies with an interest in solid-state batteries such as Volkswagen and Fisker, for...

25 August 2019

The J.D. Power Inaugural China New Energy Vehicle Experience Index (NEVXI) Study gives an insight to the quality of new vehicles by taking into account the problems experienced by NEV owners within the first two to six months of ownership and the owners' satisfaction with sales service, after-sales service and product. The most cited problems by NEV owners in China are quite typical for any types of vehicles. The...

7 August 2019

As promised, NIO and Razer have announced the result of their cross-border partnership - the NIO ES6 Night Explorer. The model will be launched in 88 units in the Chinese market only, priced at CNY 467,800 (USD 67,400). This special edition is based on the NIO ES6 Performance which packs two electric motors with 160 kW and 240 kW power output, respectively and a total system torque of 725 Nm. This model has a choice...

3 August 2019

Well, this is a "crossborder" cooperation. China carmaker NIO and famous gaming brand Razer will launch the NIO ES6 Night Explorer special edition. NIO has posted on its Weibo page a cool teaser video for this project announcing that more details will be unveiled during the ChinaJoy (China Digital Entertainment Expo & Conference) that will begin on August 2nd. It is expected that the design of the special edition...

31 July 2019