Nio

The last time Nio launched a 0 down payment purchase plan was in early September 2019, when the company was facing operational pressure.

Daiwa Securities reiterated its Buy rating on Nio in a recent report with a $100 price target, implying a 73% upside from the company's Wednesday closing price of $57.71.

The Nio EC6, a vehicle that started to be delivered only a few months ago, is gradually increasing in sales. As for how safe it is, the latest crash test gives the answer.

But after creating a momentary stir, Teslaquila seems to have faded away. Now Nio, one of Tesla's main competitors in China, has also launched its own brand of liquor, and seems more determined.

Every company has a different position and path, and what Tesla is doing may not be right for Nio, according to William Li, founder, chairman and CEO of the Chinese electric car company.

Construction of Nio's second plant has entered the construction bidding stage, a month after a tender notice for clearing the land for the plant was issued.

Jefferies called Nio "China's icon for luxury BEVs," saying investors' expectations are high given the company's new model and better introduction during Nio Day earlier this month.

The amount was raised because of the exercise in full by the initial purchasers in their option to purchase up to an additional $100 million in the 2026 notes and $100 million in the 2027 notes.

BYD is the Chinese new energy vehicle company with the most valid patents, and Nio is the most of the three US-listed Chinese EV makers - Nio, Li Auto and Xpeng Motors, according to a recent report.

Qin mentioned the construction schedule of the second-generation battery swap station, the plan to enter overseas markets, and the development of NAD (Nio Autonomous Driving).