Nio Q2 earnings: Deutsche Bank's 1st look
Deutsche Bank says Nio's third-quarter delivery guidance is below their expectations, which could mean that new order flow will be hard to sustain after the initial surge.
Nio Q2 earnings: Revenue misses estimates, gross margin falls to 1%, outlook beats
Nio missed Wall Street's revenue estimates and widened its net loss to RMB 6.06 billion in the second quarter, but gave a third-quarter outlook that beat expectations.
SAIC's 1st customized ocean-going car carrier launched
A previous report said that a number of Chinese automakers, including Chery and Nio, were planning to order their own car carriers.
China EV insurance registrations for week ending Aug 27: Tesla 17,000, Li Auto 7,700, Nio 5,000
Between August 1 and August 27, Nio vehicles saw 16,000 insurance registrations in China, Xpeng at 11,700, Li Auto at 29,100 and Tesla at 56,400 units.
Deutsche Bank on Xpeng-Didi deal: Ride-hailing giant's vast network of drivers could help sales
The key to the deal is that Xpeng can get more sales by tapping into Didi's massive network of 19 million drivers in China, Deutsche Bank said.
BYD sees Q2 net profit rise 65% from Q1 to $936 million
BYD reported revenue of RMB 1,399.5 in the second quarter, the second highest on record after the fourth quarter of 2022.
Nio store traffic remains healthy, order inflow picks up in mid-Aug, says Morgan Stanley
Nio's overall order intake peaked in July after a significant price cut in June, according to Morgan Stanley.
Nio opens its largest Nio House to date in Hefei NeoPark
This is Nio's 134th Nio House worldwide and its first zero-carbon facility. It has a design not found in all other such facilities -- a corridor that provides direct access to Nio's F2 factory.
Xpeng surges over 14% in HK after deal with Didi announced
Xpeng saw its biggest one-day gain in early Hong Kong trading since the Volkswagen deal late last month.
Xpeng to acquire Didi's EV business, plans to launch new brand codenamed 'Mona' in 2024
The first model in the "Mona" program will be an A-class EV, to be launched in 2024 to expand into the popular RMB 150,000 segment.