Tag: $Nio

Exclusive: China’s Nio explores investment, tech alliances with Mercedes

SHANGHAI, Sept 28 (Reuters) – Nio (9866.HK) has held exploratory talks with Mercedes-Benz (MBGn.DE) for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said.

NIO Stock Falls. It’s the Latest EV Maker to Offer Convertible Bonds.

Chinese electric-vehicle maker NIO  said it was offering $1 billion of convertible bonds, joining other EV companies Nikola and Fisker  in raising funds in this manner.

NIO, Li Auto, and XPeng Combined Deliveries Set a Record. That’s Good for Tesla and BYD.

Chinese electric-vehicle delivery numbers were released just as September begins. They are key for many EV makers, including leaders Tesla +0.46% and BYD 1211 +0.41% . They are also key for investors who want to see strong demand.

NIO Is Launching Its First Phone. What’s Behind the EV Maker’s Move.

Chinese electric vehicle producer NIO  has set a date for the launch of its own phone. It’s a sign of the increasing integration between smartphone and automotive technology and the race to capture the associated revenue. 

NIO Earnings Miss Estimates. But There Is Some Good News for Tesla and BYD.

Second-quarter results from Chinese electric vehicle start-up NIO +1.75% were worse than expected. The stock wasn’t taking much of a hit in early trading though because the third quarter is looking much better.

Huge Delivery Numbers From, NIO, Li, and XPeng Are Good for Tesla Stock

Early results for Chinese electric-vehicle deliveries have been released. They were excellent. That’s a positive for Tesla , BYD , and other auto makers selling battery-powered vehicles in the world’s largest new car market.

Abu Dhabi to Take 7% Stake in Chinese Electric Vehicle Maker Nio

The government of Abu Dhabi is taking a 7% stake in Nio Inc. and will gain a board seat, giving the electric carmaker a capital infusion as it contends with losses and uncertain demand in China’s competitive EV market.

NIO Shares Rise on Launch of First Electric Station Wagon

NIO shares rose in early Hong Kong trade, extending gains for a fifth straight trading day amid renewed enthusiasm for electric-vehicle makers and in the wake of the launch of its first electric station wagon.

NIO Stock Rises Following EV Price Cuts. Wall Street Takes Targets Lower.

Wall Street is cutting price targets on shares of NIO as the Chinese electric-vehicle maker cuts prices for its vehicles. Both items are potentially bad news for investors.

Nio A ADR earnings beat by ¥0.12, revenue fell short of estimates

Nio A ADR (NYSE: NIO) reported second quarter EPS of ¥-2.51, ¥0.12 better than the analyst estimate of ¥-2.63. Revenue for the quarter came in at ¥10.68B versus the consensus estimate of ¥11.93B.