Chinese automaker NIO launched trial operations of its "owner-direct sale" service for official used cars, providing a platform for the free trade of vehicles among users.
According to data released by Chinese EV manufacturer NIO on Friday, as of that day, the accumulated mileage of NIO's Chinese users had exceeded five billion kilometers.
Chinese EV maker NIO recently announced a preferential plan for car purchases in January 2022. Users who purchase a new ES8, ES6 and EC6 before January 31, and choose the BaaS battery rental service, can enjoy a discount.
Chinese EV maker NIO said that it will compensate customers who had recently placed orders to a total amount of 18,000 yuan ($2824.20).
NIO delivered eight of its ES6 models as police cars to the Laoshan District of the city of Qingdao in Shandong Province, after which a number of internet users questioned whether these vehicles were in violation of procurement procedures.
NIO Inc., a Chinese smart electric vehicle (EV) manufacturer, showed strong growth in its unaudited financial results for the third quarter ended Sept. 30.
NIO shares surged as much as 12% on October 8 after the Chinese electric vehicle maker delivered 4,799 vehicles in the third quarter, up 35.1% from the second quarter, exceeding expectations by a large margin.
NIO rescheduled its conference call for the second quarter (Q2) of 2019 on September 25, clarifying that the company only lost 22 billion yuan ($3.1 billion) instead of the rumored $5 billion.
NIO, one of few Chinese publicly traded EV companies, unexpectedly canceled their second-quarter earnings conference call scheduled to be held on September 24.
Shanghai-based electric vehicle manufacturer NIO today issued a mass recall of its ES8 models through an announcement made on its official Weibo account.
2019 Shanghai Auto Show kicked off today with various carmakers showcasing their latest technology, concept cars and new vehicles ready for launch.