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Nio launches partnership with Tibber

Published 03/28/2023, 12:05 PM
Updated 03/28/2023, 12:08 PM
©  Reuters Nio (NIO) launches partnership with Tibber
NIO
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By Michael Elkins

Chinese electric automaker, Nio (NYSE:NIO) announced today that it has launched its partnership with technology energy provider Tibber.

Tibber offers a range of services, including the Tibber app, which allows customers to track their energy usage, find real-time energy prices and control the charging of their electric car – ideally when electricity prices are at their lowest.

Through the partnership, NIO users in Norway, Germany, Sweden and the Netherlands who have a dynamic electricity contract with Tibber can easily connect their NIO to the Tibber app and enjoy all the benefits of smart charging.

Smart charging with Tibber works with any wallbox, including the NIO Power Home 3.0. Once the “Smart Charging” function in the Tibber app is set up, customers can charge their NIO vehicles automatically during the hours when electricity is cheapest.

Shares of NIO are up 2.43% in mid-day trading on Tuesday.

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