Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio Chinese electric-vehicle maker Nio lost $281.2 million in the first quarter, wider than the $68.8 million it lost a year ag...
Tag: NIO
Ant IPO, Bilibili Q1, 618 Event, Nio Q1 & Inclusion
China Last Night KraneShares Key News Asian equities were lower overnight, less India as Hong Kong internet names pulled back after yesterday’s monster move (or, as my Boston friends would say, Monsta...
NIO stock drops after downbeat outlook, steep drop in gross margin offset narrower-than-expected loss
Shares of NIO Inc. NIO, -6.62% fell 2.0% in premarket trading Thursday, after the China-based electric vehicle maker reported a narrower-than-expected first-quarter loss and revenue that topped expect...
Nio Stock Up Ahead Of Earnings; Tesla Stock Pops With China Sales Expected To Improve In May
China-based electric-vehicle maker Nio (NIO) will report first-quarter earnings early Thursday, as Covid factory shutdowns end and the company once again turns its focus to supply-chain challenges. Me...
NIO Stock Is Under the Microscope Ahead of Earnings; Here’s What to Expect
Most companies have already reported Q1 earnings, although some names have yet to deliver the quarter’s financials. Nio (NIO) is one of those but before the market kicks into action on Thursday (June ...
Mainland China, HK Stock Exchanges Closed For Dragon Boat Festival On June 3
Aerial view of contestants attending the opening ceremony of a dragon boat race in China in 2020. … [+] (Photo by Tan Kaixing/VCG via Getty Images) VCG via Getty Images Stock exchanges in mainla...
Warren Buffett-Backed BYD’s EV Sales More Than Tripled In May
Warren Buffett’s Berkshire Hathaway owns 7.7% of BYD, according to Hong Kong Stock Exchange figures. … [+] Photographer: Daniel Acker/Bloomberg © 2021 Bloomberg Finance LP BYD, the Shenzhe...
NIO stock rallies after May deliveries return to growth as production gradually recovers
Shares of NIO Inc. NIO, +5.55% rallied 1.5% in premarket trading Wednesday, after the China-based electric vehicle maker reported a 4.7% increase in May deliveries, to 7,024 vehicles from 6,711 a year...
Nio May 2022 sales constrained by Covid; XPeng, Li Auto gain ground
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Chinese electric vehicle maker Nio delivered more than 7,000 vehicles in May, up 4.7% from a year ago but...
Morgan Stanley hints of possible short-term rally for Nio stock
Morgan Stanely (NYSE: MS) shared a research note on May 31, stating that shares of electric vehicle (EV) manufacturer Nio (NYSE: NIO) well-poised rise in the next 15 days. The note was initially repo...
China EV Sales: Nio Stock, Xpeng, Li Auto And BYD Rally Ahead Of May Deliveries Data
Nio (NIO), Xpeng (XPEV) and Li Auto (LI) will report May EV sales this week, as well as Chinese EV and battery giant BYD (BYDDF). Sales are expected to bounce back somewhat after a dismal April, in wh...
China Stocks And Shanghai Dwellers Enjoy Big Day As Stringent Lockdowns Ease
Residents gather to celebrate the lifting of a Covid-19 lockdown after midnight on June 1 in … [+] Shanghai. Shanghai authorities say they will take major steps Wednesday toward reopening China&...
American Eagle Outfitters, Unilever, Nio and more
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Check out the companies making headlines in midday trading. Marathon Oil, Diamondback Energy — Energy sto...
Time to Turn Bullish on NIO Stock? This 5-Star Analyst Thinks So
With a loss of 50% year-to-date, NIO (NIO) shares have been the victim of several negative developments in 2022. These include rotation away from growth, supply chain snags impacting production and th...
Don’t Take Your Freedom For Granted
Out from Shanghai: Automobility CEO Bill Russo returned home to Reno, Nevada this month. Bill Russo American businessman Bill Russo has a long record of success in China. The 18-year veteran in the co...
LPR Cut & WHO Approval Of China Vaccine Catalyze Markets, Week In Review
China Last Night KraneShares Week in Review It was yet another choppy week of trading for Asian equities, which mirrored the US. However, both Hong Kong and Mainland China were up for the week. China ...
Nio shares up 5% as EV maker debuts in Singapore
Shares of the Chinese electric vehicle (EV) manufacturer Nio Inc. (NYSE: NIO) started trading on the Singaporean exchange (SGX) on Friday, May 20. The shares rose over 5% in the session, trading as hi...
Xiaomi Posts 1st Quarter Loss As Covid, Parts Shortage Hurt Smartphone Sales
A shopper walks past a Xiaomi store in Shanghai last year. Retail business this year has been hurt … [+] by Covid lockdowns. Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP Xiaomi...
No Surprise In April Data As Lockdowns Weigh On Economic Activity
Key News Asian equities were largely higher following the US market’s rip higher on Friday though China was off and several markets were closed for Vesak Day, one of the most sacred days for Buddhists...
Soros fund doubles down on Rivian bet, buys stakes in Lucid, Nio
Billionaire George Soros’s investment fund has doubled down on its bet on Rivian Automotive Inc. and taken new positions on EV makers Nio Inc. and Lucid Motors Inc., according to a filing late Friday....
“Gigantic” Impact From China Lockdowns To Hit Auto Industry Globally: Automobility’s Bill Russo
Tesla CEO Elon Musk gestures during the Tesla China-made Model 3 Delivery Ceremony in 2020, … [+] underscoring the country’s importance to the U.S. automaker. (Photo by STR / AFP) / China ...
China SUV Leader Great Wall Motor Reports 41% Plunge In April Sales Amid Lockdowns
Wei Jianjun, chairman of Great Wall Motor Co., attends a news conference in 2019. Great Wall, … [+] Photographer: Paul Yeung/Bloomberg © 2019 Bloomberg Finance LP April sales at Great Wall Motor...
PCAOB Officials Arrive In Beijing, Week In Review
China Last Night KraneShares Week in Review The arrest of a man named Ma in Hangzhou sent Alibaba lower on Tuesday, though the man arrested was not Jack Ma. This is an unfortunate example of investors...
Warren Buffett-Backed BYD’s EV Production Nearly Quadrupled In April Despite Pandemic Fallout
A BYD logo on a Yuan sport utility vehicle displayed at the company’s showroom in Beijing in 2021. … [+] Photographer: Qilai Shen/Bloomberg © 2021 Bloomberg Finance LP BYD, the Shenzhen-he...
China ADSs are flying as fading regulatory headwinds send iQIYI, NIO and Alibaba stocks surging
The U.S.-listed shares of China-based companies, surged Tuesday, particularly in the internet sector, as an apparent reduction of regulatory scrutiny has emboldened Wall Street analysts and investors ...