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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
Workers assemble electric vehicles in Shijiazhuang, Hebei province, on December 24, 2025. Photo: VCG via Getty Images
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.

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

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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.

The signing represents “a higher level of synergy between the two companies across the whole ecosystem”, according to CATL and Nio. Photo: AFP
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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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
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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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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.

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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
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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
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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.

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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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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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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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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.

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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
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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
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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.

China economy

Opinion | China needs to show it can compete on more than price

More companies need to follow the likes of BYD and Huawei and build brands, invest in technology and deliver differentiated products and services.

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A customer checks out a mobile phone at a store in Binzhou City, in China’s Shandong province, on August 9. Photo: Xinhua
China stock market

World’s top hedge fund Bridgewater dumps all China stocks

World’s largest hedge fund drops US$1.41 billion of shares in firms including Alibaba, JD.com, Baidu, Nio and Yum China in second quarter.

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Bridgewater had about US$24.8 billion in public equities as of June 30, part of its US$136.5 billion in global assets under management. Photo: Getty Images
SCMP Highlights

BYD’s lead in Sri Lanka, Tesla’s comeback bid in China: 7 EV reads

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Tesla shipments slip from China factory as drivers choose domestic EVs

Shanghai plant loses momentum one month after an increase in deliveries halted an eight-month decline.

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