Chinese electric vehicle maker Nio has recently made significant moves in its business operations. Nio has agreed to collaborate with Geely in the development of battery swapping technology, following a similar partnership with Chongqing Changan. Additionally, Nio has been added to China's list of approved vehicle manufacturers, allowing the company to produce vehicles independently. The company has also reported narrower-than-expected losses, leading to a 4% jump in its stock price. Furthermore, Nio is planning to spin off its battery manufacturing business, with a possible completion before the end of the year.
$NIO (+3.1% pre) Exclusive: China EV maker Nio to spin off its battery production unit - Reuters https://t.co/9rA1R9PQoU
Exclusive: China EV maker Nio to spin off its battery production unit https://t.co/gITGrwWp0D
Chinese EV maker Nio to spin off battery unit: report https://t.co/i90QMjrmrv
Nio plans to spin off its battery manufacturing business, possibly before the end of this year, Reuters reports, citing two people it didn’t identify https://t.co/308QiJoOcp
Nio plans to spin off its battery manufacturing business, possibly before the end of this year, Reuters reports, citing two people it didn’t identify https://t.co/ycLoesHtgq
Exclusive: China EV maker Nio to spin off its battery production unit -sources https://t.co/Euuc6203X4 https://t.co/rKB3QIGmNU
China's EV carmaker Nio jumps 4% after reporting narrower-than-expected losses https://t.co/TNzVBR6aUd
China's EV carmaker Nio jumps 4% after reporting narrower-than-expected losses https://t.co/sKXyICQpaQ
NIO wins special approval for EV production after years of contract manufacturing https://t.co/QqsDEGFFER
On Monday, the Chinese #electricvehicle brand "@NIOGlobal" obtained official approval from the Chinese authorities for independent car manufacturing. #automotive $NIO https://t.co/aJfTnkTWFS
CHINA ADDS NIO TO LIST OF APPROVED VEHICLE MANUFACTURES - WEBSITE Electric vehicle maker $NIO has been added to a Chinese industry ministry database permitting companies to produce vehicles in the country Nio has since 2018 partnered with JAC to produce EVs - Reuters
$NIO (+0.8% pre) China adds Nio to list of approved vehicle manufactures - website - Reuters https://t.co/dZvM4bory7
NIO partners with Geely to standardize battery swaps, mulls spin-off https://t.co/BfvJP9Ow2O
Chinese EV maker Nio agrees to team up with Geely in its push into battery swapping, shortly after signing a similar partnership with Chongqing Changan https://t.co/olfxz1R8CS