CATL & Nio sign agreement to develop batteries with longer life

Two of China’s biggest companies, CATL and Nio, signed a partnership agreement to develop batteries with longer life spans. Through the partnership, the two companies aim to reduce overall electric vehicle (EV) costs.  “One of the most important problems that has fundamentally not been solved nor attracted widespread attention is battery life. This is not […]

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Nio garners $2.2 billion investment from UAE fund

Chinese electric vehicle (EV) manufacturer Nio has garnered a $2.2 billion investment from a firm backed by the United Arab Emirates, as it continues to push to introduce its EVs in additional markets. Nio’s investment comes from Abu Dhabi-backed firm CYVN Holdings, after the automaker also gained a $1 billion round of financing from the […]

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Chinese Tesla rival Nio cutting 10% of staff this month

Chinese electric vehicle (EV) maker and Tesla competitor Nio is planning to cut a sizable portion of its workers this month, citing increasing competition and weakening demand in the country. Nio will cut 10 percent of its workers in November, according to a letter from CEO William Li in a report from CNBC on Friday. […]

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Nio says it’s ready to use semi-solid-state batteries in production EVs


Solid-state batteries promise improved performance and safety compare to current technology, and they may be getting close to commercial deployment. The latest step forward: semi-solid-state batteries may soon appear in production vehicles in China (sigh…where else?). Chinese battery specialist WeLion has delivered its first semi-solid-state battery cells to EV manufacturer Nio, which plans to use… Read more »

Tesla Model 3 ‘Highland’ catches the attention of major rival

The refreshed Tesla Model 3 attracted dozens of onlookers at the Munich Auto Show in Germany, including a surprise guest and an executive from a fellow automaker. William Li, the founder and CEO of Chinese automaker NIO, was spotted at the Tesla Model 3 Highland display during the Munich Auto Show on Wednesday. One of […]

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NIO ET5 electric sedan to launch in the United Kingdom

The NIO ET5 mid-sized electric sedan will launch in the United Kingdom (UK). NIO smart electric sedan will be debuting at the Goodwood Festival of Speed. “We are delighted for ET5 to make its UK debut here at Goodwood, a location that holds a special place in the story of our growing brand,” said Matt […]

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