President Trump announced new 25% tariffs on auto imports, impacting foreign automakers and potentially leading to retaliatory tariffs from countries like Japan, Canada, and the EU. US automakers like GM and Ford may see limited direct impact, but global free trade and the overall economy could suffer from escalating trade tensions. Companies with US production, like Toyota and BMW, will be les...
SHANGHAI, March 27, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced the pricing of its upsized HK$4,030.13 million offering of 136,800,000 class A ordinary shares of the Company (the “Placement Shares”), at an offering price of HK$29.46 per Placement Share (...
Shares of Nio Inc. (NYSE: NIO) were down sharply in Thursday's premarket, after announcing an offering of almost 119 million shares outside the United States to raise funds for R&D.
After reaching a year-to-date (YTD) high of $5.22 on March 11 following key subsidy announcements, Nio stock (NYSE: NIO) went on to crash following a disappointing quarterly report.
Chinese electric vehicle maker Nio will raise around HK$3.50 billion ($450.1 million) via a share placement to develop its smart EVs, according to a term sheet reviewed by Reuters on Thursday. ($1 = 7.7763 Hong Kong dollars)
SHANGHAI, China, March 27, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced that it proposes to offer up to 118,793,300 Class A ordinary shares of the Company (the “Placement Shares”) in offshore transactions outside the United States to non-U.S. persons in r...
NIO's ONVO L60 SUV has driven significant delivery growth, reaching 10,000 monthly deliveries by December 2024, and is a key growth lever for 2025. Despite impressive sales and vehicle margin improvements, NIO's net losses remain high, posing a significant challenge for the company moving forward. NIO's current valuation is seen as undervalued, with potential to double if it can scale deliverie...
Tesla stock price has bounced back in the past few days. It has risen from this month's low of $218 this month to a high of $278, its highest point since March 17.
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