Credit to Author: Zachary Shahan| Date: Fri, 06 Jan 2023 04:57:13 +0000
China has been struggling a bit in recent months with COVID-19 lockdowns, then COVID-19 outbreaks, and of course with a variety of economic slowdowns and supply chain disruptions due to both of those. Pick your automaker and you can see signs of the struggles in lower than expected sales, price cuts, etc. (Just don’t pick […]
Credit to Author: Zachary Shahan| Date: Thu, 05 Jan 2023 04:50:23 +0000
NIO and XPeng are two of the young Chinese automakers that specialize in smart, high-tech EV development and sales. They don’t mess with plugin hybrids. They don’t mess with “dumb cars.” They lead in tech innovation and cutting-edge deployment of new smart features, battery swapping, fast charging, and other matters. They’ve also followed similar growth […]
Credit to Author: Zachary Shahan| Date: Wed, 21 Dec 2022 04:06:44 +0000
We’ve got some notable news from two Chinese EV startups from this past week or so. NIO has hit a big sales milestone, and Zeekr is looking to go public in the USA and raise at least $1 billion. NIO EV Sales Milestone The Chinese EV startup NIO has now passed 300,000 cumulative sales. Five […]
Credit to Author: Tim Tyler| Date: Mon, 21 Nov 2022 23:00:47 +0000
The NIO ET7, the flagship sedan and electric smart vehicle of NIO, received the highest possible rating of five stars in the most recent Euro NCAP safety testing. The ET7, which is already available in Europe, received scores of 91% for adult occupants, 87% for child occupants, 73% for vulnerable road users, and 95% for […]
Credit to Author: Zachary Shahan| Date: Wed, 02 Nov 2022 01:57:59 +0000
NIO has some good vehicle delivery numbers to share for October. Its sales were up 174.3% year over year in October 2022 compared to October 2021. Looking at year-to-date sales, they were up 32%. NIO’s October 2022 total was 10,059, while its year-to-date total was 92,493. Specific model sales in October included: 2,814 sales of […]
Credit to Author: Zachary Shahan| Date: Sat, 10 Sep 2022 16:08:18 +0000
NIO has been clear with its brand identity since it launched: we sell expensive, premium-class electric vehicles that are quite large, high tech, fancy, and did we say expensive? Its sales have been quite good, considering its young age and its vehicles’ high cost, but it’s now making moves and aiming much higher. Like Tesla […]
Credit to Author: Zachary Shahan| Date: Fri, 02 Sep 2022 14:30:29 +0000
Chinese “smart electric vehicle” startups XPeng and NIO apparently took some big stock price hits this week due to lower than expected result in August and guidance going forward. I own shares of both, but I don’t really sweat such weeks. (Note: this is not stock advice and I offer no stock advice whatsoever.) From […]
Credit to Author: Steve Hanley| Date: Tue, 16 Aug 2022 15:50:08 +0000
NIO is making plans to enter the US market with its NIO Houses, battery swapping stations, and electric cars.
Credit to Author: Zachary Shahan| Date: Tue, 02 Aug 2022 07:13:25 +0000
NIO Sales Rise 27%, But Limited By Supply Chain Shortages Chinese EV startup NIO has released its July sales figures, and they look quite good. The company had 10,052 vehicle deliveries last month, which is a 26.7% increase over July 2021. Extrapolated out to a full year, that’s more than 120,000 new EVs on the […]
Credit to Author: Zachary Shahan| Date: Fri, 15 Jul 2022 19:04:38 +0000
Sitting somewhere between Chinese EV startups XPeng & NIO and American EV powerhouse Tesla, Volkswagen Group delivered 217,100 full electric vehicle (BEV) sales to customers in the first half of 2022. NIO delivered 50,827 vehicles in that time period, XPeng delivered 68,983, and Tesla delivered 564,743. Volkswagen Group’s 217,100 BEV deliveries were 27% higher than […]