Guidance
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Nio plans to build over 300 second-gen battery swap stations next year
Chinese electric vehicle (EV) maker Nio (NYSE: NIO) plans to deploy more than 300 second-generation battery swap stations in China next year, the company's co-founder and president Qin Lihong said on Friday.
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CICC says BYD's Q4 guidance has room for upward revision, raises price target on H shares by 45%
China's top investment bank CICC has raised its 2020/2021 net profit forecast on BYD by 11%/3% to RMB 4.5/5.4 billion due to profit boost from higher sales of BYD's premium car model Han.
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Nio shares down 23% pre-market as its Q1 guidance disappoints
Nio, China's leading EV startup, reported bigger-than-expected losses in the fourth quarter in 2019, according to unaudited financial results announced today.


