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Nio, Li Auto, Xpeng -- Who could be the next Tesla?
Chinese EV maker Xpeng Motors went public on August 27 on the New York Stock Exchange (NYSE), with an offering price of $15. It went up 41% on the first day of trading to reach a market capitalization of approximately $14.96 billion.
Nio offers 75 million additional ADS shares, stock plunges 9% after market
Chinese EV maker Nio announced Thursday to additionally offer 75 million American depositary shares (ADS), each representing one Class A ordinary share.
Nio, Li Auto shares surge as Wall Street banks turn bullish
LI Auto and Nio also experienced significant share price gains on Wednesday as Wall Street continues to upgrade their ratings.
Chinese investment bank CICC raises its Nio target price again, as it sees three benefits of BaaS
Nio recently launched its BaaS (Battery as a Service) battery rental service. Chinese investment bank CICC believes that this will improve the company's gross margin, thus injecting new momentum into its car sales and performance improvement.
Nio stock soared 19%, what happened?
The ADR shares of Chinese electric car company Nio soared to an all-time high on Tuesday as more and more skeptics turned into its believers.
Nio shares surge 19% as UBS raises its rating from 'sell' to 'neutral'
UBS raised its rating for Chinese EV maker Nio from "sell" to "neutral", bumping its price target from $1.00 to $16.30 which represents a jump of 1,530%.
Is Nio's battery swap mode commercially viable?
On August 20, Nio officially launched its Battery as a Service (BaaS), which provides a new way to purchase a vehicle with a separate body and battery, allowing users to purchase a Nio without purchasing a battery pack.
Tesla takes a subtle jab at Nio's body-battery separation mode
The recent launch of Nio's BaaS (Battery as a Service) battery rental service in China has raised a lot of eyebrows. In an article published on Monday, Tesla China made a veiled dig at the model as being inferior to its unibody model.
Analysts say Nio-led battery swap wave coming for China's electric cars
The recent launch of Nio's BaaS (Battery as a Service) battery rental service in China has generated high interest in China's auto and technology circles. In analysts' view, this indicates the coming wave of battery swap model for electric cars.
What the four investors involved in investing in Nio battery asset firm might be thinking about
On August 20, with the official launch of Nio BaaS (Battery as a Service) rental service, Wuhan Weineng Battery Asset Co.