NIO

CICC believes that the new products and services announced at the event exceeded market expectations and will also have a positive impact on the company's operations and share price.

At NIO Day 2020 in Chengdu on January 9, Chinese electric vehicle (EV) maker NIO (NYSE: NIO) unveiled its first all-electric sedan, the NIO ET7, the first model to be powered by a 150kWh solid-state battery pack with a maximum range of more than 1,000km.

NIO today released details of used car trading and officially launched its used car trading business.

Chinese electric vehicle (EV) maker NIO (NYSE: NIO) delivered a total of 7,007 new vehicles in December, the fifth consecutive month with a record number of deliveries in a single month.

"The news that the official website system encountered a massive order cancellations is untrue, and we have already launched a complaint against the relevant platform," NIO said.

NIO said if customers pay the deposit on and before January 10, they can still purchase the car at the actual price in 2020, and the difference in the amount of national financial subsidies will be borne by NIO.

Hours after releasing a statement Thursday afternoon Beijing time that it will be the first car company in China to accept Bitcoin payments, GAC NIO has apologized for it.

GAC NIOannounced on Weibo today that it will accept Bitcoin payments for car purchases, the first of its kind in China.

NIO's soaring market value is not an isolated case, and is bound to be discussed in the context of the dramatic changes in the entire new energy vehicle industry, said the Securities Times, China's official securities newspaper, in an article published on Wednesday.

NIO, relying on such a huge market as China, undoubtedly has a most solid foundation to participate in global competition, said William Li.