Hefei

One of the key catalysts that can lift Nio Inc's (NYSE: NIO) stock from its doldrums is the ramping up of the ET5, the EV maker's newest model unveiled at the Nio Day 2021 event. What Happened: The ET5's first prototypes for production validation rolled off the...

NIO Limited (NASDAQ: NIO) on Friday joined a host of automakers that have taken some hits to production from the chip supply shortage. But it now appears that Nio's travails may be short-lived. What Happened: Nio said its plant in Hefei, China, should be able to resume production at a...