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Nio's Death Cross Meets Tesla Competition: Could Onvo L60 SUV Spark A Bullish Comeback?
Friday, December 27, 2024 - 11:26am | 641Nio Inc. (NYSE:NIO), the Chinese EV maker, has been making headlines — but not for the right reasons. The stock just flashed a technical Death Cross, a bearish indicator where the 50-day moving average crosses below the 200-day moving average. Let's discuss whether there's hope for a bullish...
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Tesla Rival Nio Accelerates Global Expansion, To Launch EVs in Middle East Amid EU Tariff Concerns
Friday, October 4, 2024 - 11:58pm | 713Chinese electric vehicle startup Nio Inc. (NYSE:NIO) announced late Friday that it has struck a partnership with one of its strategic investors to foray into the Middle East and North Africa. What Happened: Nio has tied up with Abu Dhabi-based CYVN Holdings to launch the Nio MENA in a bid to...
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Nio CEO William Li Breaks 8-Year Brand Loyalty Streak As He Takes Delivery From Rival Chinese EV Startup
Monday, May 13, 2024 - 7:48am | 500Chinese EV maker Nio Inc‘s (NYSE:NIO) CEO William Li has reportedly purchased a vehicle from its rival EV maker XPeng Inc (NYSE:XPEV). What Happened: Li took delivery of his XPeng X9 in Hefei, Anhui Province, on May 11, CnEVPost reported. XPeng CEO He Xiaopeng personally delivered the...
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Nio Sub-Brand Alps' Debut EV Literally Boasts It's 'Better Than Tesla's Model Y,' Spy Shots Reveal
Tuesday, March 5, 2024 - 4:39am | 628New spy shots of the alleged first model from Nio Inc‘s (NYSE:NIO) sub-brand Alps show the company touting it as better than EV giant Tesla Inc’s Model Y. What Happened: The images were shared by He Lei, CEO of local automotive media outlet Xchuxing, and show the model in what seems to...
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Nio Partners With Mystery Automaker To Expand Battery Swap Network
Thursday, December 14, 2023 - 7:52am | 348Chinese electric vehicle maker Nio Inc (NYSE:NIO) is reportedly adding yet another partner to its battery-swap business. The identity of the carmaker, however, remains under wraps. What Happened: Nio signed a deal for its battery swap alliance business with another car company on Thursday morning...
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Nio CEO Likens Battery Swapping To Cloud Services From Amazon, Microsoft, Alibaba — But Says People Forget One Key Thing
Wednesday, November 22, 2023 - 8:00am | 472Nio Inc (NYSE:NIO) CEO William Li addressed company employees on Monday, covering various aspects of the company, its strategy, and the broader electric vehicle (EV) landscape. Li emphasized Nio’s commitment to battery-swapping technology, distinguishing it from the prevailing industry...
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Tesla's Unionization Threat, Rivian Hires Mercedes-Benz Veteran, Nikola's Battery Fire Returns To Haunt In Q3 And More: Biggest EV Stories Of The Week
Saturday, November 4, 2023 - 9:09am | 1184Electric vehicle stocks advanced solidly in the week that ended on Nov. 3, thanks to the broader market strength facilitated by the Federal Reserve’s rate decision and Chair Jerome Powell’s dovish commentary at the post-meeting press conference. Here are the key events that happened in...
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Tesla CEO Elon Musk Reacts To Report Of Nio Job Cuts: 'Sounds Like They're Having Tough Times'
Friday, November 3, 2023 - 6:20am | 398Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Friday reacted to reports of Chinese EV maker Nio Inc (NYSE:NIO) cutting 10% of their staff positions. What Happened: Nio will cut 10% staff positions in November and might also spin off non-core businesses, Bloomberg reported on Friday, citing an internal...
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First Rivian, Now Nio: EV Makers Are Lighting Money On Fire To Compete
Thursday, October 5, 2023 - 2:35pm | 729Electric vehicle makers across the globe are burning through cash, fighting for a spot in your garage. But a look under the hood shows it might not be as bad as it appears from the outside looking in. Charging Into The Future: As the EV market continues to boom, more and more startups are...
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Nio To Unveil Next EV Offering Online This Week: What You Need To Know About EC6
Monday, September 11, 2023 - 5:53am | 443Chinese EV manufacturer Nio Inc (NYSE:NIO) announced on Monday that it will unveil its new EC6 SUV online on Sept. 15. What Happened: During the company’s second-quarter earnings call, CEO William Li cautioned that while EC6 deliveries will commence in September, it will...
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'Bro Is Calling His Entire Staff:' Nio CEO Cracks Social Media Up As He Quietly Checks Out Tesla's Refreshed Model 3
Thursday, September 7, 2023 - 6:29am | 767Photographs of Nio Inc (NYSE:NIO) CEO William Li checking out the refreshed Tesla Inc (NASDAQ:TSLA) Model 3 at the IAA Mobility show in Munich have been circulating on social media, paving the path for jokes, and concerns for his privacy. What Happened: In these...
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Polestar Vs. Nio: EV Makers To Clash Beyond The Road In Smartphone Battle
Thursday, September 7, 2023 - 4:34am | 527Sweden’s Polestar Automotive Holding UK PLC (NASDAQ:PSNY), seems to be taking an intriguing leap into the smartphone market, following in the footsteps of Chinese EV maker Nio Inc (NYSE:NIO). What Happened: Polestar is planning to launch a smartphone carrying the...
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Nio's Secret Sauce? Why Chinese EV Maker Is Poaching Sales Talent From BMW, Mercedes, Audi
Wednesday, August 30, 2023 - 4:57am | 426Nio Inc (NYSE:NIO) CEO William Li explained the intent behind hiring salespersons from other luxury brands like BMW, Mercedes, and Audi during the company’s second-quarter earnings call on Tuesday. What Happened: Around June, Nio realized that it was lagging behind both in terms of the number...
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Nio Stock Dips After Q2 Results Trail Estimates, EV Maker Eyes Q3 Rebound In Deliveries And Sales
Tuesday, August 29, 2023 - 7:07am | 492Chinese electric vehicle startup Nio, Inc. (NYSE:NIO) reported Tuesday ahead of the market open second-quarter revenue and bottom line results that trailed the consensus forecast, reflecting a decline in vehicle sales and margin contraction amid a tough pricing environment. Looking ahead, the...
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Musk's 'Alternative Phone' Plans Remain Mythical As Tesla's Chinese Rival Clears Final Hurdle For Smartphone Launch
Friday, August 4, 2023 - 2:25am | 511Nio Inc (NASDAQ:NIO), the Chinese electric vehicle maker considered a rival of Tesla Inc (NASDAQ:TSLA), has achieved a crucial milestone in its journey toward smartphone production. The company’s nascent endeavor, speculated upon since last year, has now passed a...