Nio

Nio's vehicle deliveries in August and September are expected to be 20,000-21,000 units per month due to auto parts constraints, but parts supply will improve in the fourth quarter, BofA said.

Deutsche Bank expects Nio to report revenue of 9.1 billion yuan in the second quarter, in line with current consensus estimates.

In the next 1 to 2 years, some of Nio's in-house developed key chips including AD chips will be mass-produced, the EV maker's vice president in charge of hardware business said.

Between August 1 and August 13, Tesla vehicles had 25,400 insurance registrations in China, Nio 7,000, Li Auto 13,500, and Xpeng 5,200.

Xi'an is one of the oldest cities in China, the capital of 13 historical dynasties, and home to the famous Mausoleum of Qin Shi Huang and the Terracotta Warriors.

Nio's gross margin will be under pressure due to lower deliveries, but stronger execution is starting to show up, which could help vehicle margins recover in the second half, according to Deutsche Bank.

Innovusion plans to issue up to 21,382,252 ordinary shares and list them on the Nasdaq exchange, according to an announcement from China's securities regulator.

Nio's effective pricing adjustments and more models offered to the market have driven solid sales, BofA said.

Mavel, founded in Italy in 1999, will be a supplier of core components for Nio's next-generation platform, Nio Capital said.

Nio's William Li said the Nio phone is about providing a better digital key experience for car owners, and this article explains how.