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20.05.26 - 01:00
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Nio slams EV price wars in China as costs surge, defying cuts by rival Li Auto (SCMP)
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Chinese electric vehicle maker Nio has staked out a contrasting position on pricing to its domestic rival, Li Auto, with a top executive suggesting that carmakers must prioritise profitability as material costs climb.
Nio senior vice-president Ji Huaqiang, in charge of manufacturing, logistics and operations, told reporters on Tuesday that perennially operating at a loss would be detrimental for any carmaker, even in the pursuit of market share.
“The recent spike in raw material prices has had a......
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13.05.26 - 19:06
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Lucid Jumps 9%, NIO Rallies 7%, Tesla Rises 4% as EV Stocks Get Charged Up (24/7 Wall St.)
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The U.S.-listed electric vehicle complex is catching a coordinated bid in Wednesday's midday session. Lucid Group (NASDAQ:LCID) shares are up 9% to around $6.57, NIO (NYSE:NIO) stock has rallied 7% to $6.52, and Tesla (NASDAQ:TSLA) shares have climbed 4% to roughly $450. The move spans geographies, with Lucid representing the U.S. luxury EV story, NIO ... Lucid Jumps 9%, NIO Rallies 7%, Tesla Rises 4% as EV Stocks Get Charged Up...
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11.05.26 - 11:33
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NIO Inc. to Report Unaudited First Quarter 2026 Financial Results on Thursday, May 21, 2026 (GlobeNewswire EN)
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SHANGHAI, May 11, 2026 (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 first quarter ended March 31, 2026 on Thursday, May 21, 2026, before the open of the U.S. markets....
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