NIO signs strategic deal with Geely for battery swapping business
Geely acquires a 30% stake in NIO Power for approximately RMB16 billion, enhancing charging infrastructure and ecosystem collaboration.
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Electric vehicle and energy services company
nio.com- Headquarters
- Jiading, China
- Company type
- Public company
- Number of employees
- 10,000+
- Industry
- Auto & Truck Manufacturers
Last updated
Latest news about NIO
In short: NIO reported strong Q2 2026 growth with record deliveries and narrowed losses, while grappling with weak European sales and restructuring.
Company announcements
NIO reports Q2 2026 financial results on September 1st
The management will host an earnings conference call at 8:00 AM US Eastern Time, with webcast and dial-in options available on their investor relations website.
NIO launches five-seat version of the ES8 SUV
Deliveries start July 10, with Executive Premium at RMB 382,800 and Executive Signature at RMB 422,800, plus BaaS options.
NIO delivered 40,597 vehicles in June 2026
Deliveries increased 62.9% year-over-year, and cumulative deliveries reached 1,188,715.
Media coverage
NIO inks battery-swapping deal with Geely, open to other peers joining
Chinese electric vehicle maker NIO said on Monday it had signed a deal with Zhejiang Geely Holding...
Electric car brand Nio has catastrophic sales figures - FOCUS online
Nio is considered one of the most innovative electric vehicle manufacturers. While the company's CEO denies a retreat, media reports suggest the opposite.
NIO Stock Tracks Worst Month This Year As CEO Reportedly Nixes Buyback — Retail Fears Cash Crunch And Dilution
(NIO) are headed for their worst month of 2026 as the CEO's reported rejection of a stock buyback intensified retail ...
Nio remains despite very poor sales in Europe, but will do it differently
Things are going poorly for Nio in the Netherlands and sales across Europe are certainly not going well. Nio is aware of this...
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