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Nio CEO Questions US Barriers As Elon Musk Is Given 'Red-Carpet Treatment' In China
Thursday, July 13, 2023 - 10:17am | 563The United States prides itself on being a free economy that provides equal opportunities for all, however, this perception is seemingly not shared by Chinese electric vehicle startup Nio, Inc. (NASDAQ:NIO). What Happened: “The world should be more open and stop politicizing business,...
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Nio's Q4 Loss Widens Despite Higher Revenue As Tesla Rival Eyes Long-Term Growth After Year Of Investment
Wednesday, March 1, 2023 - 7:18am | 584Nio Inc. (NYSE: NIO) reported on Wednesday higher fourth-quarter revenue but the loss widened amid a contraction in margins. The company said it is moving away from a year of investment into one of execution and also signaled the launch of five new models in 2023. The Chinese start-up also...
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Nio Day 2022: New EC7 Coupe, Improved ES8 Flagship SUV, 3rd-Gen Power-Swap Station And More
Saturday, December 24, 2022 - 2:40pm | 753Chinese electric vehicle maker Nio, Inc. (NYSE: NIO) held its “Nio Day 2022” at Hefei City on Saturday. It announced a new model and an improved version of its flagship SUV, among other things. The annual event went by the theme “Feel the light.” New...
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Nio Vs. Tesla: Nio CEO Says Tesla 'Will Quickly Be Pushed Out Of The Market,' Calls Out Elon Musk's Dance Moves
Thursday, October 13, 2022 - 1:59pm | 1020Chinese electric vehicle company Nio Inc - ADR (NYSE: NIO) is ramping up international expansion and has its eyes set on the U.S. market. Here’s how Nio’s CEO saw the company’s position gaining in the U.S. and what he thought about rival Tesla Inc (NASDAQ: TSLA...
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Nio Gets Closer To Making Smartphones By Setting Up $100M Mobile Tech Firm
Thursday, August 4, 2022 - 9:09pm | 473Nio Inc (NYSE: NIO) has incorporated a new arm that could possibly aid the Chinese electric vehicle maker's efforts to manufacture smartphones, CnEVPost reported on Thursday. What Happened: The company has set up Nio Mobile Technologies Co Ltd with a...
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Nio Gets Significant Price Cut From Analyst As COVID-19 Curbs Weigh On Guidance: Will There Be Recovery In The Second Half?
Friday, June 10, 2022 - 10:21am | 462Nio Inc - ADR (NYSE: NIO) is expected to overcome near-term COVID-19 lockdown challenges in China on resilient demand and as production recovers, US Tiger Securities Inc analyst said on Thursday. The Nio Analyst: US Tiger Securities analyst Bo Pei has maintained a Buy rating but lowered...
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Nio Shares Jump 20% In Singapore Debut: What You Should Know
Friday, May 20, 2022 - 12:36am | 384U.S.-listed Chinese electric carmaker Nio Inc (NYSE: NIO) on Friday made its debut on the Singapore stock exchange, with shares jumping 20% in early trading, as it laid out plans to open a local research center focused on artificial intelligence and self-driving cars. What Happened:...
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Nio to Hike Vehicle Prices Beginning May 10: Here Are The Details
Sunday, April 10, 2022 - 10:30am | 526A day after Nio, Inc. (NYSE: NIO) announced that it is suspending production due to component shortages, the Chinese manufacturer reportedly said it would soon raise retail prices of its vehicles. What Happened: Nio plans to hike the price of its vehicles as well as its battery-as-a-service rental...
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Why Rumors Of Nio Partnering With Warren Buffett-Backed BYD Are Resurfacing
Friday, March 11, 2022 - 12:57am | 407Top executives from BYD Co (OTC: BYDDY) and Nio Inc (NYSE: NIO) were seen together at the latter’s facility at an unidentified location, reigniting rumors of a potential partnership between the two companies, CnEVpost reported on Thursday, citing a local automotive media company. What...
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Nio Gets Started On Mass Market Sub-Brand With Planned Annual Production Of 60,000 Units: Report
Thursday, February 10, 2022 - 11:31am | 421Nio Inc - ADR (NASDAQ: NIO) shares are expected to take off in a big way in 2022, with the turnaround thesis premised on new product launches expected to boost volumes. What Happened: Nio has commenced the development of a mass-market model at its Hefei manufacturing base in China's...
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Nio Stock Spiking Higher As ET5 Prototypes Roll Off Assembly Line Just 2 Months After Launch
Monday, January 31, 2022 - 1:07pm | 416One 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...
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Nio's New ET5 Sedan Will Be Available In Norway And Other Markets By Spring 2023: Report
Sunday, January 23, 2022 - 2:39pm | 418Nio, Inc. (NYSE: NIO) unveiled a new sedan named the ET5 at its 2021 Nio Day, which will become the Chinese EV maker's fifth production model. Nio is planning to commercially roll out the ET5 in Norway and other markets by the Spring of 2023, CnEVPost reported, citing CEO William Li. Li made...
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Nio Prices ES8 SUV Lower In Norway Than Home Country China, Unveils Nio House In Oslo: What You Need To Know
Thursday, September 30, 2021 - 6:17am | 717Chinese electric vehicle maker Nio Inc (NYSE: NIO) on Thursday unveiled the pricing for its sports utility vehicle ES8 in Norway, a market where it has just made a debut and is setting up a foundation to compete with established electric-vehicle rivals. What Happened: Nio said it follows a global...
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Nio CEO Says EV Maker 'Still Pretty Stressed Overall' But Not Because Of Competition
Monday, June 14, 2021 - 1:43am | 503Nio Inc (NYSE: NIO) does not worry as much about competition as it does about whether its decisions will show results in the future, the cnEVpost reported on Sunday, citing the Chinese electric vehicle maker’s founder and CEO William Li. What Happened: Li, who was speaking at the China Auto...
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Nio's William Li: EV Maker Has Built Premium Reputation With ASPs Outstripping Audi, BMW And Tesla
Monday, May 31, 2021 - 11:20am | 411China's NIO Inc. (NYSE: NIO) has positioned itself as a manufacturer of premium-end vehicles, carving a niche for itself in this segment. What Happened: Nio's founder, chairman and CEO William Li, reiterated the company's focus on the high-end of the market and provided some statistics...