SHANGHAI, Nov. 07, 2024 (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 will report its unaudited financial results for the third quarter 2024 on Wednesday, November 20, 2024, before the open of the U.S. markets.
Chinese luxury electric vehicle maker Nio stock reported deliveries of 20,976 vehicles for October, roughly flat versus September and up 30% year-over-year. Deliveries for the first 10 months of the year came in at 170,257 vehicles, up 35% versus last year.
Reuters announced NIO's plans to launch a hybrid under the Firefly brand in 2026, targeting the overseas market (Europe and the Middle East). With hybrids now making up over 30% of car sales in Europe and exemption from tariffs, NIO's timing for this launch looks quite promising. A $2.2 billion investment from CYVN Holdings and a $3 billion investment from the Abu Dhabi government could support...
Investors were bullish on Chinese electric vehicle stocks Monday morning after companies such as BYD, XPeng (XPEV), Li Auto (LI), and others released October delivery data late Friday.
Investors on Wall Street were bullish on Chinese electric vehicle stocks Monday morning after companies such as BYD, XPeng (XPEV), Li Auto (LI), and others released October delivery data late Friday.
Chinese electric vehicle maker Nio is planning to launch its first hybrid model in 2026 and will only sell it in overseas markets, including the Middle East, North Africa and Europe, according to two people with knowledge of the matter.
SHANGHAI, Nov. 01, 2024 (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 its October 2024 delivery results.
NIO's nearer term technicals are bright as the chart, moving averages, and key indicators show bullish signals for its stock. The longer term technicals are more mixed as the charts show that the stock remains in a downward channel despite recent strength. NIO's financials are improving as the company returns to growth. In addition, the Chinese Government's stimulus measures could boost its bus...
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