Electric vehicle startup NIO has launched its first production car, the ES8 – a fully electric SUV with 220 miles of range, fast charging that will top off the battery entirely in one hour of charging, battery pack swapping capabilities for thee-minute refuelling and more. The car starts at about $68,000 before incentives and subsidies, and will be a strong competitor with the Model X… Read More
Category: nio
Chinese electric vehicle maker NIO more concerned with user experience than rival Tesla
Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China.
Visitors to the TechCrunch Shanghai even this week were greeted with a sleek silver high-performance car at the entrance. It’s right there above these words at the start of this article.
This is EP9 produced by NIO, the Chinese electric carmaker with over $2 billion in… Read More
Baidu and electric vehicle startup NIO lead $195M investment in Chinese limo booking app
Chinese internet giant Baidu is continuing its push into the automotive space after it led a RMB 1.3 billion ($195 million) Series B investment in Shouqi Limousine & Chauffeur, an offshoot of the state-owned Shouqi Group which was Beijing’s first licensed ride-hailing app. NIO Capital, the investment arm of billion-dollar electric car startup NIO, and Silk Road Huachuang joined… Read More
EV startup Nio reportedly raises $1B from Tencent and others
Electric cars are set to become an increasingly lucrative investment target, if they continuing enjoying the strong support of global initiatives to lower emissions and put clearer vehicles on roads. So expect more funding like the reported $1 billion that Niobium’s (formerly NextEV) has raised from a host of investors led by Tencent, per Reuters. The Chinese carmaker has already set… Read More