Analyst says battery swap stations won't put big financial strain on Nio
This analyst said Nio's battery swap stations provide a differentiated experience for customers and will not cause significant financial stress in the short, medium or long term.
Industrial Securities initiates coverage on Nio with Buy rating and $49.5 price target
Industrial Securities says Nio is expected to reach new levels of deliveries and profitability is expected to improve significantly as the new vehicle cycle kicks off in 2022.
Nio says over 36% of users have at least one swap station within 3km radius
Nio added 90 battery swap stations in September, exiting the month with 517. As of October 7, the company's battery swap stations reached 523.
Tesla Model 3 Performance in China gets 70 km more range, but there's a catch
Tesla China website has updated the range data of the Model 3 Performance, upgrading it from 605 km to 675 km, but the calculation method has also changed.
Li Auto to deliver Li ONEs with two radars missing as temporary workaround for chip shortage
Due to increased pressure on chip supply, Li Auto is said to be delivering Li ONEs with two missing radars by December, with additional installations for customers as the part arrives.
Faraday Future named as 'New EV Scam' in short-selling attack
"We don't think Faraday Future (FFIE), an EV SPAC, will ever sell a car. "
Opinion
Nio BaaS battery swap upcoming disruptor within proven disruptive EV segment
Soon Investment World will realize there is a major disruptive product (BaaS Battery Swap) within its own proven existing EV disruptive product.
Goldman Sachs raises Nio rating to Buy, bullish on ET7's potential
Goldman upgraded Nio from Neutral to Buy with an unchanged price target of $56, corresponding to a 65 percent upside.
WM Motor expects to raise $500 million in new financing
This includes $300 million in Series D1 financing and $200 million in Series D2 financing, which is expected to accelerate the company's overseas IPO.
BYD Han sales hit 10,248 units in Sept, up 82.6 % year-on-year
BYD Han EV sales in September rose 115.1% year-on-year to 7,796 units, while Han DM sales in September rose 23.3% year-on-year to 2,452 units.