Xiaomi and NIO Address Acquisition Speculations

Recently, both Xiaomi and NIO have refuted rumors regarding a potential acquisition, which arose from a report by Haitong International Securities. This speculation suggested that Xiaomi would acquire NIO as part of a broader strategy to enhance its battery-swapping technology. Such claims have stirred interest in the tech community, particularly given Xiaomi’s ongoing innovations in the electric vehicle sector. As a leading technology information site, we at Xiaomi for All aim to clarify these developments and their implications for the industry.

Official Statements from Xiaomi and NIO

Wang Hua, Xiaomi’s General Manager of Public Relations, responded to the rumors with a mix of humor and caution. He provided three responses: a lighthearted “Ask whoever made the guess!” and a more formal remark stating that the company does not comment on third-party speculation. Additionally, he humorously questioned the relevance of the inquiry, saying, “What’s the time, how many dishes are there?” This playful evasion underscores Xiaomi’s intention to maintain a focus on its core business rather than engage in unfounded rumors.

NIO’s Assistant Vice President, Ma Lin, offered further clarification, emphasizing that the speculation was meant to recognize NIO’s brand and its battery-swapping model. He confirmed that NIO’s team reached out to the report’s author, who clarified that there was no intention to suggest a merger. This distinction is crucial, as it highlights NIO’s growing presence in the battery-swapping market, which currently boasts over 700 stations nationwide.

The Growing Importance of Battery-Swapping Technology

Battery-swapping technology is becoming increasingly vital in China’s electric vehicle landscape. NIO’s success with this model has generated significant industry recognition, and companies like CATL are adopting similar technologies. Ma Lin noted a positive correlation between the number of battery swap stations and sales, reflecting the model’s effectiveness. Furthermore, discussions between NIO’s founder, Li Bin, and Xiaomi’s Lei Jun hint at potential collaborations, showcasing a trend of technological convergence between automotive and tech sectors.

Conclusion: A Bright Future for Xiaomi and NIO

While the acquisition rumors have been dismissed, they highlight the rising significance of battery-swapping technology in the electric vehicle market. As Xiaomi and NIO continue to innovate, we can expect to see more collaborations and advancements that will shape the future of transportation in China.

Xiaomi and NIO Acquisition Speculation

Xiaomi and NIO have denied acquisition rumors while emphasizing the importance of battery-swapping technology in the EV market.

Tags: Xiaomi, NIO, electric vehicles, battery swapping, technology, Haitong International, Li Bin, Lei Jun, CATL, automotive, innovation.