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.
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.
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 trading.
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.
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.
Uxin ventures into used NEV business, starts offering Nio, Tesla models
Uxin is offering two Nio ES8s and one imported version of the Tesla Model 3 in its official app.
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Tesla can deal with supply chain shortage, unlike most Chinese peers
Why didn't the shortage bother Tesla much? What's the crisis' implication on EV stock valuations?
Baillie Gifford, which holds Nio, says 'don't give up on China'
Nio is one of the top 10 holdings of Baillie Gifford's Scottish Mortgage.
Guangdong to ease car license quota limits in Guangzhou, Shenzhen
The extra quota for new small cars in Guangzhou will increase from 30,000 to 80,000, and Shenzhen will remove the requirement that consumers who buy NEVs pay social security locally.
Xpeng's new SUV said to be unveiled at Guangzhou Auto Show later this month
The new vehicle, positioned as a mid-size SUV, will be based on the same Edward platform as Xpeng's flagship sedan P7, local media says.