With its share price languishing in the doldrums since the start of the year, NIO has now provided the bulls a much-needed boost by securing a lucrative partnership with Sinopec, the largest network of gasoline service stations in China. BREAKING NEWS!!! The long-awaited partnership between NIO and fossil fuel energy giant China Petrochemical Corp (Sinopec) has finally been confirmed. As an illustration, the company reported this month that it delivered 20,060 EVs in the first quarter of 2021, translating to annual growth of 423 percent. NIO is a Chinese electric automotive manufacturer. Materiales de aprendizaje gratuitos. Investors appear to be responding to a confirmed partnership between NIO and China Petrochemical Corp (Sinopec). © Tech Last Week, 11025 Westlake Dr Charlotte NC 28273 United States. NIO (NYSE:NIO), one of the leading electric car manufacturers in China, has now achieved a major milestone, one that could not have come at a more opportune time. NIO Signs Partnership Deals with Sinopec & Ford Motors! benzinga.com - Chinese electric vehicle maker Nio Inc. (NYSE: NIO) has confirmed its long-awaited partnership with China Petroleum & Chemical Corporation (NYSE: … Nio Confirms Battery-Swap Station Partnership With Sinopec - Flipboard Skier, traveler, music blogger, vintage furniture lover and RISD grad. NIO and Oil Refining Giant Sinopec in a Possible Partnership? Chinese electric vehicle maker Nio Inc. (NYSE: NIO) has confirmed its long-awaited partnership with China Petroleum & Chemical Corporation (NYSE: SNP), or Sinopec, on setting up battery swap stations at Sinopec’s gas filling stations, cnEVpost reported Monday. The company continues to ramp up the production capacity at the JAC-NIO facility. Nio Confirms Battery-Swap Station Partnership With Sinopec. Biblioteca en línea. Nio also said its first second-generation battery swap station will go live at a Sinopec station in Beijing on the same day. Nio revolutionized the battery tech industry, unveiling its 1000th "NioMinute" battery swap station in partnership with Sinopec. April 13, 2021 at 07:15 AM EDT. By the end of 2021, its annual production capacity is expected to cross 300,000 units. (C) 2021 Benzinga.com. Kevin Swan. Tech Last Week | Your source for technology of tomorrow. Tencent Holdings Ltd., also known as Tencent, is a Chinese multinational technology conglomerate holding company.Founded in 1998, its subsidiaries globally market various Internet-related services and products, including in entertainment, artificial intelligence, and other technology. The power swapping station can accommodate 13 batteries and has a daily capacity of up to 312 swaps. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least … Nio Tech has led the way with its microscopic chips and AI capabilities. Benzinga does not provide investment advice. Nio aims to have 500 stations in operation nationwide by the end of this year. Previous article It’s Official Now: NIO and Sinopec’s Strategic Partnership To Go Live on the 15th of April. The stock price of Nio Inc (NYSE: NIO) increased by 3.61% today. NIO investors are anticipating a highly lucrative deal with Sinopec, the largest network of gasoline service stations in China. Elon Musk says Tesla will allow aggressive Autopilot mode with ‘slight chance of a... Fighting Cybercrime: Cybersecurity and Digital Forensics Are the New A-Team. Sinopec is the largest supplier of refined oil products and petrochemicals as well as the second-largest oil and gas producer in China. Partnership between Nio and Sinopec sounds like a natural next step for Nio to utilize the existing infrastructure of Sinopec, and for Sinopec to be part of the future. @9to5_trader @NIONenad @NioDaily @Aaron717121861 @InvestorNio @DCDOWORK @nio pic.twitter.com/HJ9wgLN0gZ. |. NIO (), one of the leading electric car manufacturers in China, has now achieved a major milestone, one that could not have come at a more opportune time.With its share price languishing in the doldrums since the start of the year, NIO has now provided the bulls a much-needed boost by securing a lucrative partnership with Sinopec, the largest network of gasoline service stations in China. The company has more than 30,000 gas stations, ranking it second in the world. All rights reserved. Nio unveiled its second-generation battery swap station at the NIO Day in January this year. All rights reserved. 0 comments. Write CSS OR LESS and hit save. By: Blogs - TalkMarkets. How Elon Musk Responded To Competitor Nio’s 100,000th Vehicle Milestone, XPeng To Launch Third EV Model April 14; P7 Wing Deliveries Begin, Stock market news live updates: Stocks end mixed after bank earnings, Coinbase falls below debut price, Tupperware Brands (TUP) Gains As Market Dips: What You Should Know, Sea Limited Sponsored ADR (SE) Gains As Market Dips: What You Should Know, Energy Fuels (UUUU) Flat As Market Sinks: What You Should Know. Copyright © 2021 shareandstocks.com | All Rights Reserved. Close. Price Action: Nio shares closed almost 2.6% lower on Monday at $37.14, while Sinopec shares closed almost 0.9% higher at $52.25. Read Next: XPeng To Launch Third EV Model April 14; P7 Wing Deliveries Begin. The new swap station is designed so that users can start a self-service swap with one tap on the center display without getting out of the vehicle. Nio Confirms Battery-Swap Station Partnership With Sinopec 10 Consumer Discretionary Stocks With Unusual Options Alerts In Today's Session Huawei Targets Over $1B … Quake 2 RTX Is Out And What Kind Of Performance You... AMD’s 7nm Chips For Next-Generation PlayStation 5 Will Be Ready In... MSI Creator Series Line Showcasing The Comet Lake Processors. Battery-swapping also provides the advantage of saving time as opposed to charging. Even though the battery swap station in question has not yet been officially opened, videos are already popping up of people availing its service: I’m freaking excited to try this out in my NIO car! On the fundamental front, things are also brightening up for NIO. If you continue to use this site we will assume that you are happy with it. Click here to check out Benzinga’s EV Hub for the latest electric vehicles news. Is the NIO Sinopec DEAL OFF? Shanghai Securities News said recently “Don’t be surprised to see NIO at Sinopec’s gas stations in the future, the partnership between the two is approaching!”. These stations will begin to be deployed from April 2021, with NIO planning to build at least 500 Battery Swap 2.0 stations in China by the end of the current year. FundamentalNOTE: THIS VIDEO IS ONLY FOR ENTERTAINMENT PURPOSES. Vote. NIO confirms partnership with Sinopec (world’s largest oil and gas enterprise). We are an Athena SWAN Silver award winner, a Stonewall Diversity Champion, a Disability Confident Employer and work in partnership with GIRES to … This partnership could bring the battery swapping facilities into even further popularity by placing them within petroleum gas stations. Tickers EVS NIO SNP TECH. share. Photo of a NIO battery swapping station. News. 100% Upvoted. News. On the European front, Nio has been the #1 EV for the past two years, and Nio Autonomous Taxis are seen everywhere. 31.2k members in the Nio community. The long awaited partnership with Chinese oil giant - Sinopec!! Chinese electric vehicle maker Nio Inc. (NYSE: NIO) has confirmed its long-awaited partnership with China Petroleum & Chemical Corporation (NYSE: SNP), or Sinopec, on setting up battery swap stations at Sinopec’s gas filling stations, cnEVpost reported Monday. As a refresher, NIO’s Battery Swap 2.0 stations can perform 312 automated battery swaps per day, with each swap taking place in under 3 minutes. We provide you with the latest technology, gadgets, future tech, mobile, apple, software, hardware, android, VR, 360, virtual reality, augmented reality, iphone, windows news and reviews and more. Next article Next year’s iPhones will have 48-megapixel cameras and no mini option: Kuo. 2nd battery swap station is around the corner ! All in all, the recent news is promising for NIO stock. While expounding on the significance of this tie-up in a previous post, we had noted that the move would allow NIO to dramatically scale up its Battery Swap 2.0 station deployment across China with Sinopec’s assistance. With the partnership with Sinopec, they can safely place their battery swapping stations at the petrol stations. April 13, 2021. To the Moon: Apple Car (AAPL) Contract Award to LG-Magna Joint Venture Will Add a Hefty Tech Premium to the Subdued Stock Price of... Next year’s iPhones will have 48-megapixel cameras and no mini option: Kuo, Xbox’s Perfect Dark and Fable Are Still “So Far Away”, GamesIndustry.biz Journalist Says, iOS 13 Beta Adds New ‘Optimized Battery Charging’ to Prolong iPhone Battery Health, Pitaka MagEZ Juice Review – Wireless Charging Kit for iPhone, Mortal Kombat 11 Beats Up Days Gone, Switch Top Console Again in April Says NPD, Amazon gives Samuel L. Jackson his own Alexa wake phrase. NIO Delivered 20,060 EVs in Q1 2021 as the Global Chip Shortage Put a Damper on the Company’s Record-Breaking Stint. The company has pioneered the concept of battery-as-a-service that would allow users to rent a battery instead of purchasing one, helping to trim the cost for EV owners. You don’t get the chairman of Sinopec and president of Nio to meet at a Nio battery swap station next to a Sinopec gas station during the Chinese New Year holiday for no reason. The company is able to achieve this feat by eliminating the lift step required by the first-generation stations. del nio (El Mercurio y la Salud, 2013-OMS). Performing at the sweet spot between minimalism and intellectual purity to craft experiences both online and in real life. Even though the potential partnership between Chinese EV maker NIO and fossil fuel energy giant China Petrochemical Corp (Sinopec Group) has yet to be announced, leading Chinese securities media are already envisioning the prospect of NIO … save. Posted by 1 minute ago. Ninguna Categoria Descargar - Información Corporativa Repsol El segundo grupo vulnerable al mercurio es el de las personas expuestas de forma sistemtica, exposicin crnica o directa que puede darse mediante el … From Benzinga. Chinese electric vehicle maker Nio Inc. has confirmed its long-awaited partnership with China Petroleum & Chemical Corporation or Sinopec, on setting up battery swap stations at Sinopec’s gas filling stations. Nio has an issue with expanding the number of battery swapping stations in China as it is stated that there is a need to purchase the land. According to Chinese publications, NIO is now sending out media invites for an event scheduled for the 15th of April where NIO will formalize its strategic partnership with Sinopec and unveil a second-generation battery swap station within the precincts of a Sinopec service station in Beijing. Why It Matters: Nio is relying on service offerings to make an impact on customers in China. The long awaited partnership with Chinese oil giant - Sinopec!! Today NIO had sent out an invitation asking the media to witness the signing of a strategic cooperation agreement with Sinopec on April 15. Imperial College is committed to equality of opportunity, to eliminating discrimination and to creating an inclusive working environment. NIO Stock News - NIO) Shares Experience Bullish Momentum as the Euphoria Around a Possible Deal With Sinopec for Battery Swap 2.0 Stations Continues to Grow - It’s Official Now: NIO and Sinopec’s Strategic Partnership To Go Live on... To the Moon: Apple Car (AAPL) Contract Award to LG-Magna Joint…, Next year’s iPhones will have 48-megapixel cameras and no mini option:…, It’s Official Now: NIO and Sinopec’s Strategic Partnership To Go Live…, Xbox’s Perfect Dark and Fable Are Still “So Far Away”, GamesIndustry.biz…, Fortune 500s Hit by MS Exchange Breach Maybe Still Unaware, Fraud Awareness Kit Puts Businesses on Notice: It’s Tax Scam Season, Hacker Recycles Data on Half a Billion Facebook Users, Cisco, Microsoft and a Simulated Workplace Future, Microsoft Can Afford to Be a Follower Rather Than a Leader…, At CES 2018 Announced HTC VIVE PRO – Virtual Reality Headset. In the meanwhile, Sinopec has 30,000 petrol stations in China. Additionally, NIO would be able to lock in a substantial number of existing and future customers to its ecosystem, thereby creating a monopoly of sorts in the largest market for electric vehicles. We use cookies to ensure that we give you the best experience on our website. Cyclist, doer, music blogger, Mad Men fan and storyteller. The electric vehicle company sent out a media invitation Tuesday saying it will sign a strategic cooperation agreement with Sinopec on April 15, and that its first second-generation battery swap station will go live at a Sinopec station in Beijing on the same day. First 2nd-gen battery swap station to open at latter's gas station on April 15 4. Sinopec and Tianjin Pipe company has enjoyed a strategic partnership for many years. report. Another major anticipated development for NIO investors relates to the company’s much-hyped entry in the European market under the ambit of its Project Marco Polo. Speculation about a link between Nio and Sinopec emerged in February after it was reported that Sinopec Chairman Zhang Yuzhuo visited a Nio battery swap station during the Chinese New Year holidays. What Happened: Nio has sent out a media invitation, saying it will sign a strategic cooperation agreement with oil giant Sinopec on April 15, as per the report. See Also: How Elon Musk Responded To Competitor Nio’s 100,000th Vehicle Milestone. Chinese electric vehicle maker Nio Inc. (NYSE: NIO) has confirmed its long-awaited partnership with China Petroleum & Chemical Corporation (NYSE: SNP), or Sinopec… Nio Confirms Battery-Swap Station Partnership With Sinopec. Tags Tech EV batteries Media. 5 huge events in the near term - that will boost NIO stock! Partnership between Nio and Sinopec sounds like a natural next step for Nio to utilize the existing infrastructure of Sinopec, and for Sinopec to be part of the future. hide. CTRL + SPACE for auto-complete. A partnership would grant NIO access to 24,000+ gas stations in China’s most densely populated regions, strengthening the ability to conduct battery swapping and charging capabilities. 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