Nio Q3 earnings: Deutsche Bank's 1st look
Nio reported third-quarter results that were results largely as previewed and gave a better-than-feared outlook for the fourth quarter, said Edison Yu's team.
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Nio Q3 earnings call live updates: New flagship model to be unveiled on Nio Day 2023
Nio Day 2023 will be held on December 23 in Xi'an, Shaanxi province, Northwest China, where Nio will unveil a new flagship model.
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Nio Q3 earnings: Revenue hits record high, gross margin rebounds to 8%, loss narrows
Nio guided for fourth-quarter vehicle deliveries in the range of 47,000 to 49,000, meaning it expects to deliver between 14,967 and 16,967 vehicles in December.
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BREAKING: Nio buys plant assets sold by JAC for $442 million
Nio said it will acquire the manufacturing equipment and assets of the F1 and F2 plants from JAC for a total consideration of about RMB 3.16 billion.
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Huawei-backed Luxeed to launch 2nd model in H2 2024 to take on Tesla Model Y, report says
Luxeed launched its first model, the Luxeed S7, on November 28 as a direct competitor to the Tesla Model 3.
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China EV insurance registrations for week ending Dec 3: Nio 3,700, Xpeng 4,800, Li Auto 9,600, Tesla 17,600
For the week of November 27 to December 3, BYD's vehicle insurance registrations in China were 56,200 units.
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GAC Aion enters Cambodian auto market with launch of Aion Y Plus
GAC Aion has entered the Cambodian automotive market in partnership with a local dealer, its second international market entry after Thailand.
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Some battery makers in China to be forced to cut or halt production due to lack of orders, says TrendForce
As demand in the power and energy storage battery markets cools, cell makers have adjusted their capacity utilization rates downward to reduce inventory.
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China may achieve NEV penetration of over 50% 10 years early, says ex-industry minister
In October, China's NEV penetration at retail stood at 37.8 percent, up 7.6 percentage points from 30.2 percent a year earlier.
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Xiaomi has reportedly planned 2 additional models, including 1 hybrid
The strategy of having a hybrid model as the third product is more of a practical move by Xiaomi to boost sales faster, local media said.
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