Nio
Analyst says Nio would still be years away from entering US market
Yu said they currently assume no contribution from US sales in their 2025 earnings forecast and reaffirmed his $70 price target on Nio.
Nio to report Q4 and full-year 2020 financial results on March 1
Data compiled by cnEVpost showed Nio delivered 17,353 vehicles in the fourth quarter and 43,728 in 2020, up 121 percent from 2019.
Smartisan founder Luo Yonghao voices his support for Nio and Li Auto
"Generally speaking, people who say Li Auto and Nio are bad are either those who have never touched their real cars or those who can't afford them. And then of course there are those who have taken sponsorship from their competitors," Luo said.
Nio says buyback of Nio China shares has nothing to do with the latter's IPO
Chinese electric carmaker Nio recently bought back and increased its stake in Nio China at a total cost of RMB 15.5 billion ($2.4 billion), which was seen by some as a move to prepare for Nio China's IPO. However, Nio has denied this.
BlackRock, world's biggest asset manager, increases its position in Nio by 15%
Nio shares rose 156% in the fourth quarter, peaking at $57.20. The stock was traded at $56.67 as of the market close on Friday.
Nio's William Li says the EV maker hopes to have its own piece of market, citing China's Three Kingdoms era
Referring to his goal, Nio's Li quoted the famous Three Kingdoms era in Chinese history, and his words, if translated directly, were "The world is divided into three kingdoms, and we want to be one of them."
Nio to acquire 3.305% of Nio China's stake for RMB 5.5 billion
Chinese electric vehicle maker Nio said today it entered into an agreement to purchase 3.305% of Nio China's stake for RMB 5.5 billion from two of the minority strategic investors that invested in Nio China in April 2020.
LinkedIn job posting suggests Nio accelerating its entry into US market
A recent LinkedIn job posting by Chinese electric vehicle maker Nio suggests that it may be accelerating its plans to enter the US market.
Nio to build 'world-class' smart EV industrial park in Hefei
Nio announced on Thursday that it entered into an agreement with the municipal government of Hefei, Anhui province, where Nio China's headquarters is located, to jointly build a “world-class” smart electric vehicle industrial campus.
Nio partners with furniture retail giant to build 60 charging and battery swap stations
Under the agreement, Nio will receive support from Red Star for the construction and operation of the stations in 2021.
