Tag: nio ev

Chinese EV Maker Nio Launches New Models, Upgraded Battery Swaps
Technology

Chinese EV Maker Nio Launches New Models, Upgraded Battery Swaps

[ad_1] Shanghai-based Nio launched a revamped ES8, an iteration of the original electric sports utility vehicle it’s been selling since 2018. Chinese electric vehicle maker Nio Inc. unveiled two models at a glittering annual customer event on Saturday evening, expanding its lineup in a bid to grab a bigger share of the market as demand for cars in the nation slows. At the weekend event in Hefei in central Anhui province, Shanghai-based Nio launched a revamped ES8, an iteration of the original electric sports utility vehicle it's been selling since 2018, and a new pure electric coupe dubbed the EC7. With a starting price of 488,000 yuan ($69,800), the coupe targets buyers who want more space as well as sporty performance. The new ES8 will start at 528,000 yuan. Deliveries are expe...
China’s Nio Falls Behind on Thousands of Electric Cars as Covid Zero Hits Plants
Technology

China’s Nio Falls Behind on Thousands of Electric Cars as Covid Zero Hits Plants

[ad_1] Chinese electric-car maker Nio Inc. has fallen behind on both producing and delivering thousands of vehicles over the past month. Chinese electric-car maker Nio Inc. has fallen behind on both producing and delivering thousands of vehicles over the past month as Covid restrictions disrupted output at its two factories, according to people familiar with the matter. Production at the plants in Hefei, Anhui province, have also been impacted by delays in the supply of some components, the people said, asking not to be identified because the details are private. US-listed Nio tried to operate so-called closed-loop systems at the factories -- which require workers to stay on site, allowing production to continue even if a lockdown is in place -- but those efforts failed due to a la...