Warning Signs for Nio
Nio Inc., a prominent Chinese electric vehicle manufacturer, experienced a downturn in its U.S.-listed stocks on Friday after unveiling its first-quarter financial results. The company's revenue fell short of expectations prima...
New electric car
Chinese electric vehicle manufacturer Nio (NIO) unveiled its new ET5 sedan, AR glasses and expansion plan for Germany, the Netherlands, Sweden and Denmark in 2022 during 'Nio Day' on 18 D...
Record low
Alibaba (BABA) shares are trading at a record low since May 2017 as investors worry about the risks of delisting on the US exchange.
The recent drop in Alibaba's shares stems from the Chinese e-commerce giant's fear of losing its main li...
Electric cars from Nio, Li Auto and XPeng
Shares in Li Auto XPeng and Nio, China's electric car makers, rose at the pre-market on Wednesday after posting record deliveries in November. ...
Electric cars from Xiaomi
Xiaomi has established an electric vehicle manufacturing subsidiary and may soon begin building a plant in Beijing. This suggests that a major new competitor will emerge in the global electric car market in the coming years...
Faster than Tesla
Xpeng Motors (XPEV), a Chinese electric car startup, has reached the milestone of 100,000 cars produced in six years twice as fast as market leader Tesla. Xpeng models are cheaper than their ...
New record level for deliveries
NIO (NIO) shares rose on news that monthly and quarterly deliveries exceeded forecasts and reached record levels. The first large-scale delivery of NIO electric vehicles to Norway marked a historic moment.
NIO (NIO),...
XPeng and electric car deliveries
Shares in XPeng (XPEV), the Chinese electric car maker, rose on a report of a new record monthly delivery. Data for September suggest that the company is successfully coping with chip shorta...
Competitors in the production of electric cars
The Wednesday delivery report from Chinese electric car makers Nio (NIO), Li Auto (LI) and Xpeng (XPEV) showed the ongoing problem of chip shortages in the automotive&...
Xpeng plants
Shares in Xpeng (XPEV) rose following news of the company's plans to double its production capacity from 100,000 to 200,000 electric cars a year to increase competition with Li Auto, Nio and Tesla in C...
Revenues and deliveries
Nio released its second-quarter financial report on Wednesday, announcing an expansion of production capacity and plans to launch three new electric vehicles in 2022.
Chinese electric car maker Nio (...
Tesla sales in China
Sales figures for Tesla vehicles (TSLA) produced in China in July showed a decline compared to June. Most of them are related to exports, with Tesla sale...
Trading on NASDAQ
Shares in Lucid Motors rose 10.6 per cent on Monday in its first day of trading on the NASDAQ exchange. The company has become the fourth most valuable electric car m...
Record sales
Shares of Nio and Xpeng Motors rose on reports of higher sales of their electric vehicles in June than in May, as well as strong second-quarter delivery totals for the full second quarter, despite a global&...
Forecasts from UBS
Tesla shares fell on Tuesday as UBS cut its target price its growth forecast for the next 12 months was lowered from $730 to $660.
Tesla (TSLA) remains the global leader in electric vehicles, an analyst at Swiss bank UBS said on ...
Contrary to negative forecasts
Tesla sold 29.5% more electric cars made in China in May than in April, with sales to Chinese customers jumping 88%, according to the China Passenger Car Association.
...
NIO and Xpeng shares
Shares in Chinese electric car makers NIO and Xpeng rose after the companies released higher figures for shipments of their cars in May compared to April, despite a global chip shortage.
Shares in ...
Stock market rises
The US stock market is rising on Tuesday after the US Memorial Day holiday weekend.
The Dow Jones Industrial Average index was up 157.57 points (0.46%) at 34687.02.
The Standard Poor's 500 rose 17.58 points (0.42%) to 4221.69 po...
Buying shares
Shares in XPeng and Li Auto, as well as cannabis producer Tilray and videoconferencing app Zoom, were bought by the Swiss National Bank in the first quarter of 2021.
Switzerland's central bank h...
Chinese electric car sales in April
Chinese electric car makers Nio, Xpeng and Li Auto reported strong sales in April, but the growth rate was significantly lower than in March. Nio management points to a chip shortage that will hold back sales grow...
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