Chinese electric car maker Nio has kicked off operations at its second factory as it races to get ahead of rivals that are struggling with a worsening supply chain bottleneck. The Shanghai-based carma...
Tag: NIO
Tesla Investors, Beware: April Deliveries for NIO, Li, and XPeng Hit by Covid
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...
Tesla Investors Beware: Bad NIO, Li, XPeng April Deliveries Hit by Covid.
A Covid outbreak in China, which forced production shutdowns, is weighing on April’s output numbers for electric vehicle makers. Hector Retamal/AFP via Getty Images Text size Chinese electric ve...
Nio Stock, Tesla’s China Rivals To Report EV Sales After Covid Lockdowns
Nio stock is due to report April EV deliveries on Sunday after Nio (NIO) briefly halted production due to Covid lockdowns in China. X Xpeng (XPEV) and Li Auto (LI) also report China EV sales on Sunday...
Alibaba Stock Drops to Its Lowest Level in 6 Years. Behind the Latest Fall.
Text size Shanghai has been under strict Covid-19 lockdowns since March. Dreamstime The worsening Covid-19 situation in China is weighing on the country’s stock market, with companies including Alibab...
Buyers Strike As CSRC Recommends Raising Equity Allocations
China Last Night KraneShares Key News Asian equities had a mixed day as Japan and India rebounded while Hong Kong, China, and the Philippines were down/underperformed. Going into today’s session, we k...
Which EV maker should you buy between Nio and Tesla?
Chinese Nio, Inc. (NYSE: NIO) and US headquartered Tesla, Inc. (NASDAQ:TSLA) are two popular names in the electric vehicle sector. Alongside other local Chinese makers, Nio has geared to give Tesla a ...
Profit At Warren Buffett-Backed EV Maker BYD Soared In First Quarter
Warren Buffett’s Berkshire Hathaway owns 7.7% of China EV maker BYD. (Photo by Dimitrios … [+] Kambouris/Getty Images) Getty Images BYD, the China-based vehicle and battery maker backed by...
Chinese EV maker Nio says it’s gradually resuming production after Covid halt
In February 2020, Nio got a lifeline of financing support led by the government of Hefei city, where the electric car start-up has established its China headquarters. Qilai Shen | Bloomberg | Getty Im...
Chairman Yi Huiman’s Weekend Speech Promising, Other Headlines Contribute To Weekend Weakness
China Last Night KraneShares Key News Asian equities had a poor start to the week following an eventful news weekend. Covid risk continues to weigh on China markets as a lockdown in Guangzhou was anno...
Chinese electric car company Nio hikes prices, suspends production
Nio said it has suspended production due to Covid-related restrictions in the last several weeks that halted production at suppliers’ factories. Long Wei | Visual China Group | Getty Images BEIJ...
Nio, Veru, Sailpoint Technologies and more
Take a look at some of the biggest movers in the premarket: Nio (NIO) – The China-based electric carmaker’s shares slumped 8.4% in premarket action after it suspended production due to Covid-19 ...
China’s Nio halts EV production as COVID lockdowns disrupt its supply chain
Nio Inc., the China-based electric-vehicle maker, over the weekend warned of delivery delays after suspending production due to COVID-19 restrictions that have disrupted its supply chain. “There will ...
NIO Has a Plan to End the Anxiety Over Charging Electric Vehicles
Text size NIO, the Chinese electric-vehicle maker, is in talks to license its battery swapping technology, according to the Financial Times. Hector Retamal/AFP/Getty Images Electric-vehicle sales are ...
EV Sales At Warren Buffett-Backed BYD Quadrupled In March
Warren Buffett’s Berkshire Hathaway owns 7.7% of BYD. Photo by: zz/Dennis Van Tine/STAR MAX/IPx zz/Dennis Van Tine/STAR MAX/IPx BYD, the Shenzhen-headquartered vehicle and battery maker backed b...
Nio deliveries reach a quarterly record of nearly 25,800 EVs in Q1, stock surges
Shares of Nio Inc. NIO, +4.18% climbed 5.6% in premarket trading Friday, as the China-based electric vehicle maker benefited from a broad rally in Chinese ADRs and after the company reported vehicle d...
China EV Sales: Nio, Xpeng, Li Auto Eye Big March Rebound But Delisting Fears Hit Nio Stock
Nio (NIO), Xpeng Motors (XPEV) and Li Auto (LI) eye a big rebound in China EV sales for March. But Nio stock and its peers tumbled Thursday as delisting and Covid-19 fears reared up again. X China EV ...
Nio ET7 deliveries begin
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Nio confirmed Monday it has begun deliveries of its new luxury sedan, the ET7, on schedule, sending U.S.-...
Xpeng Earnings: First Billion-Dollar Quarter Seen For EV Startup Rival To Tesla, Nio. But Delisting Fears Hit Xpeng Stock
Xpeng (XPEV) is gearing to report Monday for the fourth quarter after hiking EV prices due to rising material costs. Also on Monday, Nio (Nio) is supposed to deliver its hotly anticipated ET7 electric...
Bed Bath & Beyond, Nio, Joby Aviation, Teva & more
A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading Friday. Bed Ba...
Nio And Meituan Under Pressure As Investors Ask “Where’s The Beef?”, Week In Review
China Last Night KraneShares Week in Review Asian equities saw choppy trading this week as geopolitics and higher commodity prices continued to present risks and growth/internet stocks saw some pressu...
Nio Q4 highlights: Deutsche Bank analyst sees upside to $50
Nio Inc (NYSE: NIO) on Friday reported better-than-expected sales for its fiscal fourth quarter. Shares are still down 10% on weak guidance for deliveries. Nio Q4 highlights Nio lost 16 cents on a per...
Bed, Bath & Beyond, Nio, Honest Company and others
Check out the companies making headlines before the bell: Cannabis stocks – Shares of marijuana producers are extending a Thursday rally in the premarket, following an industry publication’s rep...
NIO top line beats estimates, but revenue guidance misses
NIO (NIO) reported fourth quarter revenue which beat Wall Street expectations, though its first quarter revenue and delivery guidance came in below expectations. These are the results for the Chinese ...
NIO Q4 2021 earnings preview
Nio plans to begin deliveries of its ET7 electric sedan in 2022. Evelyn Cheng | CNBC Nio‘s sleek and powerful electric vehicles have captured the attention of investors – and rival automakers – ...
Why Are Tesla, Volkswagen And Nio Scrambling For Graphite?
The White House is now more desperate than ever to secure America’s supply chain of critical minerals. That includes rare earth elements and battery materials, such as lithium, cobalt, and graphite–al...
China Auto Billionaire’s Geely Sees No End To Chip Shortage That Cut ’21 Profit
Li Shufu, chairman of Zhejiang Geely Holding Group. Photographer: Qilai Shen/Bloomberg © 2018 Bloomberg Finance LP Geely Automobile Holdings, the China automaker controlled by billionaire Li Shufu, sa...
Alibaba Buys Back Big, Reuters Reports US-Listed Companies Preparing For PCAOB Review
China Last Night KraneShares Key News Asian equities were largely higher despite the US’ Fed Chair driven downdraft led by Hong Kong, Japan and India. Alibaba (BABA US, 9988 HK) announced it would inc...
Tesla Stock, Nvidia Were Sold by Retail Traders. Here’s What They Bought.
Text size (Photo by CHRIS DELMAS/AFP via Getty Images) AFP via Getty Images Retail traders were taking a cautious approach by selling stocks like Tesla and Nvidia as the markets gained for a third con...
Nvidia Stock Needs a Catalyst. It Could Get One Next Week.
Text size After rocketing higher in 2021, Nvidia shares have been under pressure in 2022. Remus Rigo/Dreamstime.com Like much of the rest of the stock market, to say nothing of the beaten-down tech se...