Analyst expects higher R&D expenses to keep Nio's loss widening
Nio's loss may continue to widen in the fourth quarter as investment in research and development of new models and new technologies accelerates.
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China's NEV sales reached record 383,000 units in Oct, CAAM data show
In the fourth quarter, Chinese automotive consumer demand remained stable, but uncertainty remained on the supply side, the CAAM said.
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EV battery maker Gotion achieves mass production of cells with ultra-high energy density
Gotion High-tech's ternary cells with high nickel content have an energy density of 302 Wh/kg, meaning we may see more models with NEDC ranges of around 1,000 km.
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Tesla Model Y Standard Range delivery time in China extended from 6-10 weeks to 10-14 weeks
This may dampen some enthusiasm for it, as there is a risk that current orders will not be delivered before the Chinese New Year holiday.
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Nio's Q3 earnings call: Here's everything you need to know
Nio plans to have the ET7 available in showrooms around Chinese New Year, which arrives on February 1. It is targeting a 25 percent gross margin on the NT2-based models.
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Deutsche Bank on Nio's Q3 results: Somewhat messy, but focus will soon shift to delivery recovery
Nio announced its third-quarter earnings today, and Deutsche Bank analyst Edison Yu's team offered their first look.
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Evergrande Auto aims to raise $64.2 million through share placement
Evergrande Auto plans to conduct a share placement at HK$2.86 per share, a discount of 19.89 percent to Tuesday's closing price.
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Nio reports higher-than-expected Q3 revenue of $1.52 billion
Nio posted third-quarter revenue that beat expectations, but net loss attributable to ordinary shareholders widened, triggering a sharp jolt in its stock price in after-hours tradi
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Tesla China exec expects to see models designed entirely by local team in near future
Tesla's Grace Tao says that in the near future, it may be possible to witness Tesla models designed and manufactured entirely by Chinese teams on Chinese roads.
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Tesla Model Y third best-selling NEV model in China in Oct
Tesla Model Y sold 13,303 units in China in October, and Model 3 sold 422 units.
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