Market expansion in Europe
Nio plans to start shipping its electric cars to Europe in May; its competitor XPeng has already delivered its first 300 electric cars to Norway. Analysts predict that Europe will become ...
New autopilot
Xpeng Motors is stepping up competition in China's electric car market with its new P5 sedan, which gets an improved autopilot and LIDAR sensor system for autonomous driving on cit...
Supply growth after decline
Chinese electric vehicle manufacturers NIO and XPeng reported a rise in deliveries in March after a decline in February, as well as new delivery records for the first...
Popconductor shortages
The chip shortage problem has affected technology manufacturers around the world while shares of carmakers have fallen due to forced plant shutdowns, shares of semiconductor and semiconductor equipment manufacturers are rising...
Plant shutdown
China's Nio said on Friday it would suspend production of electric cars at its plant for five days starting Monday due to a shortage of semiconductors. Nio's forecast for del...
Shares of electric car makers surge
Shares in Chinese electric car makers Nio, Xpeng and Li Auto rose sharply on Friday amid news of details of their IPO in Hong Kong. The companies are attracting major US investment banks as underwriters.
Shares o...
Buying shares
The Norwegian central bank Norges Bank decided to buy shares in Apple, Tesla, Nio and other electric car manufacturers in the fourth quarter.
The world's largest company by market capitalisation Apple (AAPL) and electric car makers Te...
Tesla sales in China
Tesla shares rose sharply on Tuesday after the company posted an 18% rise in sales of its electric cars in February compared with January, contrasting with a ...
Losses and production cuts
Nio shares fell after the Chinese electric car maker reported larger-than-expected Q4 losses and warned it will be forced to cut production in the second quarter.
Nio (NIO) shares f...
Stock indices retreated
US stock indexes declined moderately on Monday, retreating from record highs reached late last week. Investors are weighing the risks associated with the continued rise in COVID-19 infection...
Tesla's rival
Nio has unveiled its first premium sedan ET7, with delivery starting in the first quarter of 2022. The Nio ET7 on-board computer features Nvidia processors, with more processing power than the Te...
Tesla's competitors
Chinese rivals Tesla: Nio, Li Auto and Xpeng have reported a surge in electric car deliveries amid an economic recovery from the pandemic. Wall Street analysts forecast more sales ...
NIO shares
NIO took advantage of a 919% increase over the year to raise $2.65bn by selling 68m ADSs, more than originally planned, but at a 7.1% discount to Friday's closing price. Here's what that means for the company and investors.
Chinese elect...
New law
The US House of Representatives has passed a new law according to which companies may be excluded from the US stock exchanges if the regulatory authorities are unable to verify their financial audit.
This week the US House of Representative...
Quarterly company results
Chinese electric car manufacturer Nio has increased its deliveries 2.5 times compared to last year's figures. NIO gave a strong forecast for the fourth quarter.
Chinese electric car maker Nio (NIO) announced on Tuesday, af...
Large companies
CalPERS has invested in 3Q in Nikola (NKLA) and NIO (NIO), and has increased its shares in Tesla (TSLA) and multiplied its investment in Zoom Video Communications (ZM). CalPERS has submitted data on these investments to the Securitie...
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