Analyst who called 'buying opportunity' on Nio's decline reiterates 'Buy' rating
By Thursday's close, Nio's $46.03 stock price had essentially regained the $46.11 level it opened at on March 2, forming a perfect V-shape.
SAIC Roewe considers battery swap-enabled models for mass market
In addition to offering battery swap-enabled models for the cab market, SAIC Roewe is also considering offering such models for the average consumer, providing a new endorsement for a model strongly advocated by Nio.
Chip shortage affects about 5-10% of China's Q1 auto production, association says
Chip shortages are a major challenge for China's auto industry today, but their impact is limited and expected to ease soon, according to an industry association.
China to further strengthen quality supervision of NEV industry
China will further strengthen quality supervision of new energy vehicles to promote the industry's development with higher quality, according to the official Chinese media Xinhua News Agency.
Tesla Shanghai Gigafactory completes project that will boost Model 3 production capacity
The completion and start of commissioning of the Phase A project means Tesla's Model 3 production capacity at the Shanghai Gigafactory will begin to ramp up.
China's February NEV sales up 584.7% year-on-year
Sales of pure electric vehicles in February were 92,000 units, up 580.0% year-on-year.
China's power battery production up 948% year-on-year in February
Ternary battery production in February was 5.1 GWh, accounting for 54.2 percent of the total, up 1,006.5 percent year-on-year and down 25.2 percent from January.
GAC Aion launches its own battery technology, becoming another carmaker after BYD to do so
GAC Aion, a Chinese new energy vehicle manufacturer, launched a new battery technology called magazine batteries on March 10, becoming another car company that produces its own batteries after BYD.
Xpeng establishes new firm with business scope including battery swap facility sales
Xpeng's models have non-removable batteries, but the company launched a similar battery rental program similar to Nio after the latter launched its iconic BaaS battery leasing service in August last year.
Mizuho initiates coverage on Nio with Buy rating, $60 price target
The analyst said Nio "is a leader and innovator in the premium automotive EV segment; it is domiciled in China, the largest and most prolific EV market globally."