NewsChinese EV maker Nio dangles ‘zero down payment’ in Shanghai to pursue sales targetNio has only fulfilled less than 30% of its annual sales target. 1 min read
The Chinese auto maker, which is to further reduce 1,200 people, will welcome Zhang Lei in September. NewsExclusive | EV maker Nio taps former Google veteran to save troubled software unit2 mins read
Issues discovered include substandard quality, insufficient electrical insulation, and a lack of maintenance. News70% of China’s EV charging posts could be lethal, report finds2 mins read
The company has already laid off about 1,000 people this year. NewsNio to lay off more than 1,000 employees by the end of September2 mins read
Both companies are seeking ways to cut costs. NewsNio and Didi may merge their autonomous driving businesses2 mins read
The Beijing-based long-term investor’s holdings in these companies reached USD 837.2 million. NewsHillhouse Capital bets bigger on mobility with new stakes in Tesla, Uber and Nio2 mins read
The company has reportedly laid off about 1000 staffs this year. NewsNio’s new vehicles deliveries drop by 37.5% in July due to mass battery pack recall1 min read
A cross-sector partnership. NewsNio ties with Razer to roll out tailored EVs for e-sports lovers1 min read
More and more companies are entering this sector. NewsNio will spin off its recharging business to raise funds independently2 mins read