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Nio, Xpeng, Li Auto evolving fast on smart car track, says analyst
Chinese EV trio - Nio, Xpeng Motors, and Li Auto have made the leap from 0 to 1 and have distinctive brand characteristics, and are now evolving rapidly on the intelligent track, an analyst said.
Xpeng CEO says he bought shares of Nio during the latter's toughest time in 2019
At that time, He gave support to Nio despite the opposition of his friends and also invested a total of $300 million in Xpeng.
Analyst who called 'buying opportunity' on Nio's decline reiterates 'Buy' rating
By Thursday's close, Nio's $46.03 stock price had essentially regained the $46.11 level it opened at on March 2, forming a perfect V-shape.
Mizuho initiates coverage on Nio with Buy rating, $60 price target
The analyst said Nio "is a leader and innovator in the premium automotive EV segment; it is domiciled in China, the largest and most prolific EV market globally."
Charging or battery swap: What are Tesla and Nio arguing about?
For Nio, in addition to the consideration of replenishment speed, more importantly, it hopes that car owners can enjoy the benefits of battery technology progresses.
Nio's potential partnership with Sinopec, although not yet announced, is highly anticipated by Chinese securities media
Even though the potential partnership between Nio and fossil fuel energy giant Sinopec has yet to be announced, leading Chinese securities media are already envisioning the prospect of Nio vehicles being able to change batteries at gas stations.
Nio discloses patent related to wireless charging
The patent, filed on April 27, 2017, relates to a wireless charging device and a method for switching its coils.
Nio, Xpeng, Li Auto mull HK listings this year, report says
They each aim to sell at least 5% of their enlarged share capital in Hong Kong. Based on their New York market capitalization on Monday, proceeds could total around $5 billion.
Nio's co-op with Sinopec nears, Shanghai Securities News reports
"Don't be surprised to see Nio at Sinopec's gas stations in the future, the partnership between the two is approaching!" Shanghai Securities News said in a report today.
Nio exec pushes back on Tesla VP's view on battery swap
A Tesla China executive's suggestion that charging is the best way to replenish energy and that battery swap, a model central to Nio, will be replaced has sparked an unhappy response from the latter.
