Nio
Nio officially announces entry into Norway, ES8 to be first export model
Rumors that have been going on for nearly a year have finally come true, as Chinese electric car company Nio has officially announced that it will enter overseas markets, with Norw
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Nio's hiring of blockchain expert could herald innovations in user rights
Nio has always touted itself as a user-centric company, so it would make sense to innovate on user rights, and blockchain technology provides a good direction.
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Founder of Nio's battery supplier CATL becomes Hong Kong's richest man, overtaking Li Ka-shing
In the first half of 2020, Nio became CATL's largest customer as its shipments continued to rise.
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Nio plans to start delivering vehicles in Norway in September
Nio will start delivering vehicles in Norway this September, with the first model being the new ES8. Nio's flagship electric sedan, the ET7, will arrive in Norway next year.
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Deutsche Bank raises gross margin estimates for Nio, reiterates Buy rating
Deutsche Bank analyst Edison Yu's team raises Nio's gross margin forecast by 250bps to 20.3 percent, leading to a higher EPS estimate.
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Nio builds joint lab with one of China's best universities
USTC's research strength in China is almost comparable to that of Tsinghua University and Peking University. The university is located in Hefei, Anhui Province, which is also home
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Nio delivers 7,102 vehicles in April, down 2% from March
Nio delivered 7,102 vehicles in April, down 2 percent from March, as chip shortages put constraints on its production capacity. The figure was up 125.1 percent from a year ago.
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JP Morgan calls Nio's Q1 results 'clean beat' during industry headwinds
JP Morgan reiterated its Overweight rating on Nio and its $70 price target, about 80 percent above the stock's Thursday close of $38.99.
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Nio earnings call: Chip shortage, ET7, LFP batteries, and more
William Li is confident about Nio's position in the market, saying that in the high-end market there is no brand that can compete fully with Nio, including products, services, and
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Nio expects to deliver 21,000 to 22,000 vehicles in Q2
Despite continued supply chain challenges, chip and battery supply shortages don't appear to be affecting Nio as badly as expected, as the Chinese electric car company continues to
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