Chinese EV automaker NIO is expanding its global presence, making headway in the United Arab Emirates (UAE) following a strategic partnership backed by the Abu Dhabi government. The automaker has gone live with an official website and social media page for its new UAE business division and has shared who will manage it.
NIO ($NIO) is no stranger to coverage on Electrek, and today is no different. Since its founding ten years ago, the Chinese EV automaker has made a name for itself in its respective segment by delivering top-tier BEV models with continuous innovation.
Other business expansions include NIO’s battery swap network, which has not only proven plausible in China but is also preferred by a number of drivers over waiting at a charging pile. The automaker also recently debuted its second generation of NIO-branded smartphones.
On the EV front, NIO has expanded to Europe, and its current network of drivers is around 557,000 – 107,000 of which were new users in 2024 alone. In 2023, NIO announced a strategic partnership with CYVN Holdings, a Middle Eastern investment firm backed by the Abu Dhabi Government.
Following two investments in the automaker, CYVN Holdings is now NIO’s largest shareholder. The UAE-based firm is looking to collaborate on market growth at the international level. On a June 6 earnings call, NIO founder, chairman, and CEO William Li said preparations were already underway to launch in the UAE this year.
NIO UAE’s online presence has recently emerged, teeing up the proposed market expansion.
NIO shares a letter from its founder and new UAE GM
NIO recently went live with an official UAE-dedicated business page and the new account on X that posted for the first time on August 16 with the message “Hello UAE. We are NIO.” A spokesperson for NIO confirmed with CnEVPost that the account is legitimate and controlled by the new NIO UAE business.
While NIO’s UAE website is up and running, there aren’t many details about what its initial market entry will entail. There is, however, a letter from William Li and the new UAE General Manager, Roberto Lopes Da Silva. Per that letter:
We are enthusiastic about collaborating with our local partners to usher in a new era of Smart Electric Vehicles. With our cutting-edge full-stack technologies, we are confident that our vehicles will exceed the high standards expected by UAE users. We are committed to fostering a growing community in the UAE and building strong networks to provide the best possible experience for NIO users.
We are happy to shape a brighter and more sustainable future together with you all.
NIO is taking contact information from anyone in the UAE interested in its BEVs as we approach an official market launch later this year. We will report back on this ongoing story as we learn more about what models will be sold overseas and whether that will also include battery swaps.
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Leading electric vehicle analyst, author, and industry thought leaders Loren McDonald and Bill Ferro stop by Quick Charge to discuss EV Adoption’s acquisition by Paren, the “crisis” of EV charging reliability, and the real state of the EV market.
Depending on who you listen, EVs are either driving brands to record growth and are about cross that critical 10% of the overall market nationwide, or the future is bleak, the market is down, and EVs just aren’t selling. What’s really going on? Loren and Bill (probably) have some answers.
Today’s episode is sponsored by BLUETTI, a leading provider of portable power stations, solar generators, and energy storage systems. For a limited time, save up to 52% during BLUETTI’s exclusive Black Friday sale, now through November 28, and be sure to use promo code BLUETTI5OFF for 5% off all power stations site wide. Click here to learn more.
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Chevy EV owners in Texas who have Reliant as their electric utility can now charge for free at night with renewable energy.
Over 150 Chevrolet dealerships across Texas are now offering the Reliant Free Charge Nights plan to new EV buyers. With Free Charge Nights, customers can offset their charging costs by receiving credits for electricity used between 11 pm and 6 am. The plan is powered entirely by renewable energy, thanks to the purchase of renewable energy certificates (RECs).
Rasesh Patel, president of NRG Consumer, says the plan is about making power personal: “We’re excited to help Chevrolet EV drivers offset the cost of charging their vehicle all while having access to a renewable electricity plan.”
This collaboration aims to make EV adoption more appealing by making charging cheaper and greener. GM Energy’s chief revenue officer, Aseem Kapur, emphasized that partnerships like this help build the ecosystem needed to support an all-electric future: “The Reliant Free Charge Nights plan is a great example of how an automaker and an energy company can work together to make EV adoption an easy decision.”
Existing Reliant customers can also sign up for the Free Charge Nights plan. To get started, Chevrolet EV owners need to designate their vehicle on the GM Energy Smart Charging Portal before enrolling in the plan.
Reliant Energy, a subsidiary of NRG Energy, serves over 1.5 million customers in Texas, making it one of the largest electricity providers in the state.
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Texas is about to get a major power boost – a new AI-powered virtual power plant (VPP) delivering capacity equivalent to 200,000 homes during peak demand.
NRG Energy is teaming up with Renew Home to bring nearly 1 gigawatt (GW) of capacity to the Texas grid by 2035, aiming to make it more resilient while helping residents save on energy costs.
The new VPP will rely on hundreds of thousands of smart thermostats and other connected home devices, making use of AI technology provided by Google Cloud. These devices, like Vivint and Nest smart thermostats, will be offered to eligible customers at no cost. By automating HVAC adjustments, they help shift energy use to when electricity is cheaper, cleaner, and less strained.
NRG and Renew Home have big plans for the VPP. Starting in spring 2025, the companies plan to roll out the program across Texas, installing these smart thermostats in homes served by NRG’s retail electricity providers. Eventually, they plan to add home battery storage and EVs to expand the power plant’s capabilities.
Texas has faced record-breaking energy demands, with peak usage hitting 85 GW in 2023. As the state’s population grows and extreme weather becomes more frequent, VPPs like this one could play a key role in stabilizing the grid. VPPs aggregate a lot of small-scale energy resources, from smart thermostats to home batteries, and use them to help balance supply and demand during times of high stress on the grid.
This nearly 1 GW VPP will be one of the largest of its kind in Texas. NRG’s president of consumer operations, Rasesh Patel, calls it a “pivotal step” for improving customer experience while making Texas’ energy infrastructure more sustainable and resilient.
In addition to Renew Home, NRG is working with Google Cloud to maximize the power plant’s effectiveness. Google Cloud’s AI and analytics tools will help predict weather conditions, forecast renewable generation, and optimize energy usage, all of which will help make energy management smoother for both customers and the grid.
Ben Brown, CEO of Renew Home, said:
NRG’s commitment to creating a more resilient and sustainable energy future while also making electricity bills more affordable makes them an ideal partner for co-developing this unique VPP program.
This initiative raises the bar for future-proofing our electricity infrastructure and delivering cost savings to customers.
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