NIO executives shared details of the Chinese automaker’s third EV brand, Firefly, as well as what the new marque will call its first model. The news comes about one month before Firefly ...
NIO's deliveries are booming, with the new Onvo EVs driving a 25% share of run-rate deliveries and maintaining a 20K+ monthly delivery streak. Despite margin risks from low-cost EVs, NIO's ...
NIO CEO William Li stresses importance of product launches and operational efficiency to double sales and achieve profitability by 2026. Goldman Sachs downgrades NIO to Sell, lowering its price ...
NIO (NYSE: NIO) plans to expand into 25 overseas markets by the end of next year. With its new lower-cost Onvo brand already driving demand, NIO expects to play a much bigger role in the global EV ...
Chinese electric vehicle (EV) maker Nio will seek to improve efficiency and cost control as it seeks to spur sales growth ...
NIO Q3 revenue fell 2.1% YoY to $2.66 billion, missing estimates. Gross margin improved to 10.7%, with vehicle margin at 13.1%. Excluding share-based compensation expenses, the company reported an ...
The NIO (NYSE:NIO) Onvo L60 is the company’s answer to the Tesla (TSLA) Model Y with a more affordable sticker price and battery-swapping capability. Unfortunately, the buzz surrounding the new ...
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