Written by Cláudio Afonso | info@claudio-afonso.com
According to a Weibo blogger, a NIO ES8 Model with NAD System was spotted today on a highway in France (with a German plate). NIO announced the system in January 2021 during the unveiling of NIO ET7 Model, the first one using this technology. On January 16th, the same model was also seen in Braunschweig, 550km from Munich with a very similar plate (M DU 429E vs M DU 425 E) — check it here. NIO will enter 4 new European Markets this year such as Germany, Denmark, Sweden and The Netherlands. During the last NIO Day, the company revealed that will be present in 25 Countries by 2025.
NIO has built up the full-stack NAD capability with perception algorithms, localization, control strategy, and platform software developed in-house. NAD will gradually cover use cases of expressways, urban areas, parking, and battery swap to enable a safer and more relaxing autonomous driving experience from point A to point B. — the company says.
In order to have a 360° visual redundancy strong peripheral perception, NIO Aquila Super Sensing features 33 high-performance sensing units, including an ultralong-range high-resolution LiDAR, seven 8 MP high-resolution cameras, four 3 MP light-sensitive surround-view cameras, one ADMS (Advanced Driver Monitoring System), five millimeter-wave radars, 12 ultrasonic sensors, GPS, IMU, and V2X. Furthermore, with perception fusion, NIO Aquila redefines the standards of autonomous driving sensing system on production models. — NIO states.
READ MORE: NIO: next catalysts and why I am Bullish for the upcoming months (by C. Afonso)
After the approval received on February 28th, NIO Inc. announced was recently successfully listed, by way of introduction, on the Main Board of The Stock Exchange of Hong Kong. After Xpeng and Li Auto listing during the last summer, also NIO is now trading on SEHK and the stock code “9866” regarding its first models: EP9, ES8, EC6 and ES6. The stock trades in board lots of 10 Shares, and the stock short name is “NIO-SW”. NIO stock opened in HKSE at 160 HKD, $20.46 USD.
The EV manufacturer started ET7 Model test drives on March 5th and during the first 48 hours, hundreds of customers had the opportunity to test it. The sedan was unveiled in December 2020 and its delivers are set to commence that is finally start its deliveries later this month, on March 28th.
The electric vehicle manufacturer NIO posted on Wednesday, via their recruitment partner Piper Maddox, 10 new job vacancies focused on the Battery Swap Stations facilities. As part of its plan for the European Expansion, the company is now looking for many different positions related to this facilities: Power Network Rollout Manager, Power Network Development Manager, Power Network Rollout Lead, and Head of Power Network Development. The vacancies are for Germany, Sweden and The Netherlands. Check the details of each position here.
On Tuesday, the company said that it will report its fourth quarter and full year 2021 unaudited financial results on Thursday, March 24, 2022, after the close of the U.S. markets. The Company’s management will host an earnings conference call at 9:00 PM U.S. Eastern Time on March 24, 2022 (9:00 AM Beijing/Hong Kong Time on March 25, 2022). A live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.nio.com/news-events/events.
NIO announced on March 1st that delivered 6,131 vehicles during last month. February deliveries are often affected by the Chinese Spring Festival Hollidays where the factories usually close from January 31st to February 6th.
Written by Cláudio Afonso | info@claudio-afonso.com