NIO Inc. Delivered 6,155 EVs in May 2023
Investing.com » Nio Inc Class A ADR (NIO)
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11M ago
NIO Inc. (NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced its May 2023 delivery results.NIO delivered 6,155 vehicles in May 2023. The deliveries ..read more
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Volkswagen COO says automaker will not join discount battle in China 'at any price'
Investing.com » Nio Inc Class A ADR (NIO)
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11M ago
Volkswagen (ETR:VOWG_p) Chief Operating Officer Ralf Brandstaetter said in an interview released Wednesday that the German automaker would not participate in a discount battle in China "at any ..read more
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Analysts watch closely as Chinese EVs battle for market share in Europe
Investing.com » Nio Inc Class A ADR (NIO)
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11M ago
As new EV competitors push into Europe’s mass market segment, how much market share will they be able to take? Analysts are keeping a close eye on the next 24 months for significant indicators of the ..read more
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Nio Inc reports May delivery results: Sales dip, new models set to drive future growth
Investing.com » Nio Inc Class A ADR (NIO)
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11M ago
On Thursday, Nio Inc (NYSE:NIO), a leading Chinese manufacturer of high-end smart electric vehicles, revealed its delivery figures for May 2023, reporting a total of 6,155 vehicles delivered. Results ..read more
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Elon Musk’s trip to China: This week in EVs
Investing.com » Nio Inc Class A ADR (NIO)
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11M ago
Investing.com -- Here is your weekly Pro Recap of the past week's biggest headlines in the electric vehicle space: Tesla's Elon Musk visits Beijing; Li Auto is a standout in May deliveries for EV ..read more
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Dow Jones, Nasdaq, S&P 500 weekly preview: AI has its 'iPhone moment'
Investing.com » Nio Inc Class A ADR (NIO)
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11M ago
U.S. futures are trading mostly flat after the benchmark stock market index S&P 500 (SPX) finally broke out of the 3800-4200 trading range. The S&P 500 rose 1.8% last week to hit the highest ..read more
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Deutsche Bank cuts estimates on NIO, but maintains buy rating ahead of 1Q release
Investing.com » Nio Inc Class A ADR (NIO)
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11M ago
Deutsche Bank reiterated a Buy rating on Nio Inc (NYSE:NIO) and cut their 12-month price target on the stock to $13.00 (from $19.00) ahead of the electric vehicle maker’s 1Q23 earnings release. NIO is ..read more
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Global EV penetration reaches 14% in April with promising uptick in May
Investing.com » Nio Inc Class A ADR (NIO)
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11M ago
Barclays' April report card shows that global electric vehicle penetration reached 14% in April, slightly outpacing last year’s EV penetration of 13%; however, it fell short of the heightened ..read more
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NIO Inc. to hold ES6 launch event Wednesday
Investing.com » Nio Inc Class A ADR (NIO)
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1y ago
Chinese electric automaker NIO Inc. (NYSE:NIO) announced Tuesday that it expects to host the all-new ES6 launch event in China on Wednesday, May 24, 2023. The event will start at 7:00 AM U.S. Eastern ..read more
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Ford strikes deal with Tesla to gain access to rival charging stations starting 2024
Investing.com » Nio Inc Class A ADR (NIO)
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1y ago
By Hyunjoo Jin, David Shepardson and Abhirup Roy (Reuters) -Ford Motor Co said on Thursday it has agreed with Tesla (NASDAQ:TSLA) Inc to allow its electric vehicle owners to gain access to more than ..read more
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