Nio has narrowed down the candidate cities to host Nio Day 2024 from eight to three -- Guangzhou, Hangzhou and Xiamen, one of which will host the event.

Nio (NYSE: NIO) has narrowed the candidate cities to host Nio Day 2024 from eight to three as planned, with the three cities set to compete to be the venue for the electric vehicle company's next annual event.

After the initial shortlisted candidate cities were showcased, the Nio Day preparatory committee nominated three cities as candidates to host Nio Day 2024, according to an article published today by Nio App.

The three cities are:

Guangzhou, Hangzhou and Xiamen

Guangzhou is the capital of southern China's Guangdong province and home to the headquarters of Nio's local counterpart, Xpeng (NYSE: XPEV).

Guangzhou was one of three candidates to host the Nio Day 2023 event, but lost out in the final vote to Xi'an, Shaanxi province in northwest China.

Hangzhou is the capital of Zhejiang province in eastern China and is home to Geely's headquarters.

Xiamen is one of the major cities in Fujian in southeastern China.

All three cities are among the more economically developed cities in China and are among the cities with the most Nio battery swap stations, with 65, 76, and 14 stations respectively.

As of today, Nio has 2,442 battery swap stations in China, as well as 2,291 supercharging stations and 1,616 destination charging stations, according to data compiled by CnEVPost.

Nio hosted its first Nio Day in 2017 and has left the choice of the city where Nio Day will be held up to the users in the community from 2020 onwards.

Nio requires that candidate cities for hosting the new Nio Day event have not hosted a Nio Day in the past eight years. Since 2017, Beijing, Shanghai, Shenzhen, Chengdu, Suzhou, Hefei, and Xi'an have hosted Nio Day events.

The company kicked off the process of selecting cities to host Nio Day 2024 on June 14, and on June 24 selected eight shortlisted candidate cities.

From July 12-19, Nio will showcase the three cities on its channels including Nio App, Nio Radio.

From July 19-21, users can vote for the host city they support in the Nio App. After the voting is over, the host city for Nio Day 2024 will be identified.

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