With shares up more than 10 times in six months, how did Nio get its luck?
Shares of Chinese EV maker Nio (NYSE: NIO) surged 22.57% on Wednesday and then rose another 5.92% to a record high of $28 per share on Thursday.
Nio, Xpeng in-vehicle system offline due to operator network failure
The vehicles of Chinese EV makers Nio (NYSE: NIO) and Xpeng Motors (NYSE: XPEV) were affected by the network failure of telecommunication carriers, which caused inconvenience to their car systems.
Chinese ministry says supports development of charging and battery swap models
China supports the two development models of new energy vehicles, charging and battery swap, to create a favorable environment for the promotion and application of new energy vehicles, China's Ministry of Industry and Information Technology said in a reply letter to a proposal by a member of the Chinese People's Political Consultative Conference (CPPCC).
China-made entry-level Model Y expected to drop to RMB 275,000, analysts say
From Tesla's pricing strategy overseas, the price difference between Model Y and Model 3 is only 6-9%, so after the China-made Model Y goes into production, the Model Y's entry price is expected to drop to 275,000 yuan ($40,860), Tianfeng Securities said in a recent research paper.
Citi upgrades Nio’s stock rating to ‘Buy’
Citi analyst Jeff Chung upgraded the stock rating of Chinese EV maker Nio (NYSE: NIO) from "Neutral" to "Buy" with a price target of $33.20 from $18.10.
Volkswagen to debut electric compact SUV ID.4 in China on Nov 3
Volkswagen's new all-electric compact SUV, the Volkswagen ID.4, will be released in China on November 3, according to industry media Evzhidao.com.
Nio rival Li Auto in spotlight as Li ONE with driving assist on hits truck at high speed
Recently, news of a collision between a Li ONE, the only model by Chinese electric vehicle (EV) maker Li Auto (NASDAQ: LI), with driving assist on and a truck has sparked concern in China.
Nio stock surges more than 8% pre-market as JP Morgan sharply raises price target to $40
The shares of Chinese electric vehicle (EV) maker Nio (NYSE: NIO) rose by more than 8 percent in pre-market trading on Wednesday after JP Morgan's bullish rating.
JP Morgan sharply raises Nio price target to $40, representing 85% upside potential
JP Morgan gave Nio an Overweight rating and admitted that "we missed the stock's major rally YTD."
China’s Sept passenger car sales up 7.3% year on year to 1.91 million units
China's passenger car market registered retail sales of 1.91 million units in September, up 7.3 percent from the same period last year, according to the latest figures released by the China Passenger Car Association (CPCA) on October 13.