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NIO Formula E Team: Berlin ePrix Report

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              <source srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_480/public/2017-05/hero-01.jpg?FFbIxZkrfJGprYkBbSzeDBpb5T9jZkSV&amp;itok=q1KCiBUD 1x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-05/hero-01.jpg?a0qW7M38tCExKSmOZNduhxdvT3I7LfO4&amp;itok=VgdsGvG4 1.5x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-05/hero-01.jpg?a0qW7M38tCExKSmOZNduhxdvT3I7LfO4&amp;itok=VgdsGvG4 2x" media="all and (min-width: 20em)" type="image/jpeg"/>
            
            <img srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_1920_desktop_1x_/public/2017-05/hero-01.jpg?NE2_Yh1xL1AeMQZGB5cy3PNdrZmU5pn.&amp;itok=GRZ1qz2p" alt="NextEV NIO Formula-e Team: Paris ePrix Report" typeof="foaf:Image" />

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          <p>The NextEV NIO Formula-e Team leaves Paris with six more championship points on the board as Nelson Piquet Jr finished seventh. Oliver Turvey finished round six of the 2016/17 FIA Formula E Championship in 12th position after a challenging day for the team.</p>

<p>Nelson qualified in group two and struggled with grip during the session, eventually settling for a sixth row grid spot, starting the 49-lap race from 11th. After a tough opening lap he had fallen to 13th and then fell to 16th after being pushed into the wall on lap 15. After an accident between Lucas di Grassi and Antonio Felix da Costa that brought out a full course yellow, Nelson opted to make an early pitstop. Once all drivers had made their stops, Nelson’s advantageous strategy saw him in 12th place. He entered a points scoring position in tenth on lap 33 after Adam Carroll’s drive through penalty and Jean Eric Vergne’s heavy crash. On lap 45 Nelson passed Tom Dillman for 9th and by the chequered flag was able to move up to 7th after a final lap melee on a safety car restart. His position secured him six championship points.</p>

<p>Making it NextEV NIO Formula-e Team’s eighth Super Pole qualifying result in a row, Oliver had qualified in third after all four groups had set laps. He set the fourth fastest lap in Super Pole but having a grid penalty applied, as a powertrain component had to be changed on his car earlier on in the ePrix week, meant that he began the race from 14th. After a tricky start he found himself in 17th and maintained that position in the first stint, on a difficult track to overtake. He made his mandatory pitstop on lap 21 but was slightly disadvantaged by the strategy and emerged in 16th place. After mid-race penalties for Di Grassi and Carroll he moved up to 14th and then gained another place after Vergne’s accident. On the final lap he moved up two further positions to cross the line just out of the points in 11th but was then handed a post-race penalty of 5 seconds for having been deemed to overtake under yellow flags.</p>

<p><strong>Nelson Piquet Jr (Car #3) – finished 7th </strong><br />
“The race was pretty crazy! At the start I had to defend quite a lot and lost some positions. It was one of those races over the first few laps and there wasn’t much I could do. Nearly halfway through the race we had the full course yellow and I decided to make a call and come into the pits and it helped us. We recovered a little, gained a few positions and ended up 7th, which is better than we expected, and scored a few points. Overall, after a poor qualifying session, I think we managed to recover quite well. It’s good for the team to move up in the championship and we will keep working hard. We have a double-header coming up in Berlin and we are aiming for Super Pole in qualifying and to improve the race results.”</p>

<p><strong>Oliver Turvey (Car #88) – finished 12th  </strong><br />
“Paris is one of the more difficult tracks on the calendar; it's more technical and very bumpy. I've enjoyed it as it's a fun track to drive and I was happy with qualifying and getting to Super Pole again. It's a real shame that we had to take a penalty and not be able to maximise our qualifying performance. We did everything we could in the race but it didn't work out. I think we proved we have the pace but we just need a smooth weekend. The start of the race was tricky, I seemed to end up in the wrong place at the wrong time. With a compromised strategy I think we lost the potential for points today as I think a top seven would have been possible. We will learn from this weekend and focus our attentions on Berlin.”</p>

<p><strong>Gérry Hughes, Team Principal</strong><br />
"Clearly today has been a difficult one for the team. We had hoped to improve on our season best result of fourth last week in Monaco but, after a difficult qualifying session for Nelson and a 14th place grid position for Oliver after he had to take the penalty for the powertrain component change, it was always going to be an uphill battle in the race on a track that is difficult to overtake on. Nelson’s strategy in the race saw him able to move to within reach of the points and then capitalise when there were incidents ahead of him. It was more disappointing for Oliver, who we opted to pit later, but he was still able to move up the order, keep pace and get to within touching distance of a top ten finish. To extract the positives, we have moved up a place in the Manufacturers’ Championship and have salvaged the day by collecting six points. We are clearly not overjoyed with the result but we will focus on Berlin and our aim is to get both drivers fighting at the top in both qualifying and the race.”</p>

          
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NIO Formula-e Team: Paris ePrix Report

NIO Formula-e Team: Monaco ePrix Report

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              <source srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_480/public/2017-05/racing-hero%403x.png?t33f5KwrG.o.QDQod2Ycx7MzMvIutO0O&amp;itok=lCYdl43h 1x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-05/racing-hero%403x.png?7LL66TNb5D5sIjK5UlGKca6JIn4cmYAI&amp;itok=I7emC2Q9 1.5x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-05/racing-hero%403x.png?7LL66TNb5D5sIjK5UlGKca6JIn4cmYAI&amp;itok=I7emC2Q9 2x" media="all and (min-width: 20em)" type="image/png"/>
            
            <img srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_1920_desktop_1x_/public/2017-05/racing-hero%403x.png?pQ9isiSAeQG2Pe79D1F0VuEr42ATsErD&amp;itok=z3Jbpbk7" alt="NextEV NIO Formula-e Team: Monaco ePrix - The E files" typeof="foaf:Image" />

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          <p>The FIA Formula E Championship moves to Monaco, utilising part of the world-famous Formula 1 circuit, for the fifth round of the 2016/17 campaign. Nelson Piquet Jr and Oliver Turvey will be in action for the NextEV NIO Formula-e Team on the streets of the Principality this Saturday, 13 May.</p>

<p><b>Nelson Piquet Jr (Car #3): </b><i>“I’m happy that we are getting underway with the start of the European season as it gives the Championship a good momentum through until the end. Monaco is my home race and I have good memories from finishing on the podium there in 2015 when Formula E last visited. I’m excited to get back on the circuit – it’s a special place. It’s now time to kick-start the good race results as we have shown that we have good pace this season and have some real potential for strong finishes.”</i></p>

<p><b>Oliver Turvey (Car #88): </b><i>“I am really excited to be going back to race in Monaco, I have special memories of winning on my Monaco debut in the World Series 3.5. It’s a very unique track, with an amazing atmosphere around the harbour. I have always enjoyed driving there so I am confident of achieving a strong result for the team. This will be my first time driving the Formula E car in Monaco; the circuit races around the harbour so it will be a slightly different track to learn, although I have experience of the swimming pool and Rascasse sections of the track.”</i></p>

<p><b>Gérry Hughes, Team Principal: </b><i>“There is nothing comparable to Monaco on the calendar for a whole host of reasons. It has certainly always been unique on the Formula 1 calendar and that sentiment carries through to Formula E, albeit on a modified circuit to the traditional Formula 1 circuit layout. It is clear that we have a competitive package in qualifying trim and we are now fully focused on realising our true performance potential in the forthcoming race in Monaco.”</i></p>

          
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The FIA Formula E Championship moves to Monaco, utilising part of the world-famous Formula 1 circuit, for the fifth round of the 2016/17 campaign. Nelson Piquet Jr and Oliver Turvey will be in action for the NextEV NIO Formula-e Team on the streets of the Principality this Saturday, 13 May.

NextEV NIO Formula-e Team: Monaco ePrix - The E files

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          <p>The NextEV NIO Formula E Team collected five championship points today in Mexico City, with Oliver Turvey collecting three points for pole position and Nelson Piquet Jr picking up a further two points for finishing ninth. The fourth round of the 2016/17 FIA Formula E Championship took place at the Autodromo Hermanos Rodriguez in the Mexican capital. </p>

<p>In Nelson’s qualifying group, Loic Duval crashed on the outlap, causing a red flag which meant that Nelson did not have a warm up lap before setting his qualifying time. This caused grip issues and he started the race from 16th.  In the initial stages of the race he was cautious, avoiding incidents around him, running in 19th. By lap 17 he had moved up to 15th and held the fastest lap for four laps from lap ten. He made his mandatory stop on lap 25, but an issue in the pits caused a delay on exit, putting him back out on track in 18th. By lap 34 he had moved up to 14th.and a lap later he gained two further places when Jose Mario Lopez and Sebastien Buemi both spun. He had moved into a points scoring position by lap 38, and on the final lap he moved up another place to 9th when Jerome D’Ambrosio ran out of energy. The result meant that Nelson collected two Championship points. </p>

<p>Oliver, who celebrated his 30th birthday on race day in Mexico, secured his first ever Formula E pole position in qualifying today. He was originally due to start second, behind Daniel Abt, but was promoted to pole after Abt was handed a penalty, seeing the German sent to the back of the grid. The pole position awarded Oliver and the NextEV NIO team three Championship points. Oliver led the race comfortably from pole all the way up to lap 13 when he suffered a technical issue with the car and stopped out on track. He tried to reset the system but to no avail and he was forced into early retirement. </p>

<p>The next race will take place on 13 May 2017 on the streets of Monaco. </p>

<p><strong>Nelson Piquet Jr (Car #3) </strong>– finished 9th <br />
“It’s been a disappointing day. Essentially I made a mistake in qualifying and the team made a mistake in the race so it wasn’t a good day. I was a little bit unlucky in qualifying as we lost the warm-up lap and had to go straight out to our hot lap. I pushed a bit too hard and didn’t get a good lap in. In the race we lost time in the pitstop and then our strategy was sub-optimal; sometimes you need to role the dice and take a few risks. We will look at what went wrong and work to improve by the next race.”</p>

<p><strong>Oliver Turvey (Car #88) </strong>– DNF<br />
“It was great to get pole position, my first in Formula E, and to get some points on the board before the race even started. This morning we showed the pace of the car and pole position was a great result for the whole team. The start of the race went well and I was leading for the first stages. I could see that Jose Mario Lopez and I were pulling a gap and then, on lap 13, when I was exiting the last chicane the car cut off and went into neutral. We need to understand why that happened. I try to reset the car but it wouldn’t work so that was the end of the race. It’s such a shame to go out of the race in the lead but at least we showed we had the pace today.</p>

<p><strong>Gérry Hughes, Team Principal</strong><br />
"We are all bitterly disappointed with the result today. Oliver had an electrical issue with his car, which we were unable to recover from. This is something we need to look into as we need to be converting these strong qualifying positions into strong race results. For Nelson it came down to a strategy decision and comparing to the result achieved by Di Grassi, we should have pitted earlier. To add insult to injury, we also lost 13 seconds in the pitstop so we need to understand what happened there. It’s clearly frustrating, as we have demonstrated that we have the pace but we need to be making the best of our opportunities. Now we turn our attentions to the European season where we are determined to improve on our race results. On a positive note we were able to collect five championship points today.”</p>

          
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The NextEV NIO Formula E Team collected five championship points today in Mexico City, with Oliver Turvey collecting three points for pole position and Nelson Piquet Jr picking up a further two points for finishing ninth. The fourth round of the 2016/17 FIA Formula E Championship took place at the Autodromo Hermanos Rodriguez in the Mexican capital. 

NextEV NIO Formula E Team: Mexico City ePrix Report

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          <p>March, 16 – The NIO EP9 set a new record for a production vehicle at the Shanghai International Circuit, achieving a lap time of <strong>2m 01s</strong> (two minutes, 01 seconds).<br />
 <br />
The record was achieved by Formula E driver Oliver Turvey. The new record is 24 seconds faster than the previous one set by the Mercedes SLS AMG. <br />
 <br />
The EP9, the world’s fastest electric car, is 3G enabled and delivers 1-MegaWatt of power, equivalent to 1,360PS. The EP9 accelerates from 0-200kph in 7.1 seconds and has a top speed of 313kph. The EP9 previously set a number of records at other world-renowned  race tracks.<br />
 <br />
<strong>07:05.12</strong> – The fastest lap time for an electric vehicle at the Nürburgring’s Nordschleife<br />
<strong>01:52.78</strong> – The fastest lap time for an electric vehicle at Circuit Paul Ricard<br />
<strong>02:11.30</strong> – The fastest lap time for a production vehicle at Circuit of the Americas</p>

          
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March, 16 – The NIO EP9 set a new record for a production vehicle at the Shanghai International Circuit, achieving a lap time of 2m 01s (two minutes, 01 seconds). The record was achieved by Formula E driver Oliver Turvey. The new recod is 24 seconds faster than the previous one set by the Mercedes SLS AMG. 

2m 01s: NIO EP9 Breaks Production Car Lap Record at Shanghai International Circuit

Today, NIO, a next-generation car company, announced the fastest ever autonomous lap at the Circuit of the Americas Race Track in Austin, Texas. On February 23, the NIO EP9 drove autonomously without any interventions, recording a time of 2m 40.33s (two minutes, 40.33 seconds) at a top speed of 160 mph. The same day, the NIO EP9 also beat the fastest COTA lap time for a production car with a driver, achieving a lap time of 2m 11.30s (two minutes, 11.30 seconds) and reaching a top speed of 170 mph.

NIO Sets a New Record for the Fastest Autonomous Car in the World

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              <source srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_480/public/2017-02/racing-efiles-buenos-aires-3840x2160-fix.jpg?Ez9Rs8QG6G1Gmx6Mp.rwx6xv6Gt63s1P&amp;itok=BdTaxNKM 1x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-02/racing-efiles-buenos-aires-3840x2160-fix.jpg?SL9uEyuBRNTKJtenPnx4kWy64E5pCgZV&amp;itok=Jl2Gp4q4 1.5x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-02/racing-efiles-buenos-aires-3840x2160-fix.jpg?SL9uEyuBRNTKJtenPnx4kWy64E5pCgZV&amp;itok=Jl2Gp4q4 2x" media="all and (min-width: 20em) and (orientation: portrait)" type="image/jpeg"/>
              <source srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_480/public/2017-02/racing-efiles-buenos-aires-3840x2160-fix.jpg?Ez9Rs8QG6G1Gmx6Mp.rwx6xv6Gt63s1P&amp;itok=BdTaxNKM 1x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-02/racing-efiles-buenos-aires-3840x2160-fix.jpg?SL9uEyuBRNTKJtenPnx4kWy64E5pCgZV&amp;itok=Jl2Gp4q4 1.5x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-02/racing-efiles-buenos-aires-3840x2160-fix.jpg?SL9uEyuBRNTKJtenPnx4kWy64E5pCgZV&amp;itok=Jl2Gp4q4 2x" media="all and (min-width: 20em)" type="image/jpeg"/>
            
            <img srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_1920_desktop_1x_/public/2017-02/racing-efiles-buenos-aires-3840x2160-fix.jpg?PpAaZXSw7Wd0N42iR5U3VYa.u7RTyy6T&amp;itok=EvXkldOe" alt="NextEV NIO Formula E Team: Buenos Aires ePrix – The E Files" typeof="foaf:Image" />

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          <p>The third round of the 2016/17 FIA Formula E Championship takes place this weekend in the South American city of Buenos Aires, Argentina. The NextEV NIO Formula E Team will be in action with Nelson Piquet Jr and Oliver Turvey. </p>

<p>Nelson Piquet Jr (Car #3): “The break has given us time to work hard on improving, and we have done a number of simulator tests. Our ambition hasn’t changed from winning races; we know we need to climb up a few steps before being the best car and team out there but we’re working really hard. The Puerto Madero circuit is a twisty track, which is something that we enjoy. It’s a track I’ve raced on twice before, finishing on the podium in season one, so we will be working hard for a strong result.”</p>

<p>Oliver Turvey (Car #88): “This will be only the second time in Formula E that I have returned to a circuit, so I aim to use this experience to get a strong result for the team. The most exciting part of the track is the first couple of corners, with a fast left hander into a quick chicane leading on to the main straight. I really enjoyed Buenos Aires last season; I think it’s a great city and the track is one that I really enjoyed racing on. I think it was one of my strongest races last year and I’m looking forward to going back there and hopefully getting in the points.”</p>

<p>Gerry Hughes, Team Principal: “The Buenos Aires circuit is a unique track in a park setting, which brings its own challenges. The circuit is fast, bumpy and extremely dirty and the ambient conditions at this time of year in the Argentine capital present the teams with specific challenges from a thermal management perspective. We go to Buenos Aires with hopes of a strong qualifying performance, and we will have to see what our recent developments bring in the way of race performance come Saturday afternoon.”</p>

          
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The third round of the 2016/17 FIA Formula E Championship takes place this weekend in the South American city of Buenos Aires, Argentina. The NextEV NIO Formula E Team will be in action with Nelson Piquet Jr and Oliver Turvey. 

NextEV NIO Formula E Team: Buenos Aires ePrix – The E Files

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              <source srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_480/public/2017-04/news-nio-capital-1920x714.jpg?ABvHJEYVo7QqZEo3sl3QJ_w1mGUeLXZ8&amp;itok=pK3xhtio 1x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-04/news-nio-capital-1920x714.jpg?ZByR3Xyk5EdqKb7P.n4N.WFcO6K281ip&amp;itok=veQ2vo18 1.5x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-04/news-nio-capital-1920x714.jpg?ZByR3Xyk5EdqKb7P.n4N.WFcO6K281ip&amp;itok=veQ2vo18 2x" media="all and (min-width: 20em) and (orientation: portrait)" type="image/jpeg"/>
              <source srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_480/public/2017-04/news-nio-capital-1920x714.jpg?ABvHJEYVo7QqZEo3sl3QJ_w1mGUeLXZ8&amp;itok=pK3xhtio 1x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-04/news-nio-capital-1920x714.jpg?ZByR3Xyk5EdqKb7P.n4N.WFcO6K281ip&amp;itok=veQ2vo18 1.5x, https://www.nio.com/prod/s3fs-public/styles/scale_width_960/public/2017-04/news-nio-capital-1920x714.jpg?ZByR3Xyk5EdqKb7P.n4N.WFcO6K281ip&amp;itok=veQ2vo18 2x" media="all and (min-width: 20em)" type="image/jpeg"/>
            
            <img srcset="https://www.nio.com/prod/s3fs-public/styles/scale_width_1920_desktop_1x_/public/2017-04/news-nio-capital-1920x714.jpg?jdWwiVDyrTrqlGBSO6acA_AGxfuqf8LG&amp;itok=-uhZsiUP" alt="NIO Capital Established in Wuhan" typeof="foaf:Image" />

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          <p>NextEV and NIO Capital held an agreement signing ceremony on December 11 in Wuhan, to announce they had reached a strategic cooperation agreement with Hubei province. According to the official agreements signed between NIO Capital, the Hubei Yangtze River Industry Fund, and officials representing the Wuhan East Lake High-tech Development Zone, NIO Capital will be established in Wuhan, and fund the construction of the Yangtze River NIO New Energy Auto Industrial Park in the Wuhan East Lake Development Zone.<br />
 <br />
The NIO Capital was co-established by NextEV, Sequoia Capital, and Hillhouse Capital. The Fund, which raised RMB 10 billion (US $1.45 billion) in its first round of funding, will primarily invest in innovative supply chain enterprises in the electric vehicle industry. The Fund also signed a cooperation agreement with the Hubei Yangtze River Industry Fund, considered one of the biggest domestic government industry leading funds. This agreement makes the Hubei Yangtze River Fund a cornerstone investor of NIO Capital.<br />
 <br />
NIO Capital has been officially incorporated in the Wuhan East Lake High-tech Development Zone.</p>

<p>NextEV, NIO Capital, and officials representing the East Lake High-tech Development Zone, also reached an agreement to construct the Yangtze River NIO New Energy Auto Industrial Park. The park will serve to attract and encourage innovative supply chain enterprises related to new energy vehicle supply chain R&amp;D and manufacturing.<br />
 <br />
Guangjing Cao, Deputy Governor of Hubei, and government officials from Hubei, Wuhan, and the East Lake High-tech Development Zone, all attended the agreement signing ceremony.</p>

          
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NIO Capital Established in Wuhan

NextEV Launches NIO Brand and World’s Fastest Electric Car

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<p>NextEV will hold a global launch event at the Saatchi Gallery in London on Monday, November 21 to debut their new brand and limited edition supercar. It will be NextEV’s first official launch since being founded in 2014.</p>

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<p>The supercar will be the new brand’s first product. With over 1360 horse power, the supercar matches the performance of top hybrid supercars, such as the La Ferrari and McLaren P1. The supercar incorporates the performance capabilities that have been demonstrated in NextEV’s Formula E racing and the cutting edge technology and design that will be built into every vehicle the company will produce.</p>

<p>The event will be webcast. For more information, please visit NextEV.com and follow NextEV on social media.</p>
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NextEV Global Launch of Brand and Supercar Set for November 21

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NextEV Global Launch of Brand and Supercar Set for November 21

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