Nio, GAC Sign Deal on Battery Swap
Nio and GAC will work together on battery standards, development and customization of battery swap-enabled models, battery asset management and operations, and battery swap service network construction. The post Nio, GAC sign deal on battery swap appeared first on CnEVPost. For more articles, please visit CnEVPost.
Express News | NIO and GAC Group signed a strategic cooperation agreement on charging and switching in Guangzhou
Market Chatter: Nio to Procure Batteries for Onvo EV Brand From BYD
Nio (HKG:9866, SGX:NIO) will procure batteries from BYD (HKG:1211, SHE:002594) for Nio's Onvo electric vehicle brand, Reuters reported Tuesday, citing three unnamed sources.
Nio to Launch Sub-brand Onvo on May 15, Report Says
Nio will officially launch sub-brand Onvo on May 15, with the new brand's first model to go on sale in the third quarter and deliveries to begin in the fourth quarter, according to local media.
Express News | NIO's subsidiary brand “Ledao” will launch on May 15. The first model will be launched in the third quarter and delivered in the fourth quarter. (Wall Street News)
Intraday Overview | The three major indices of Hong Kong stocks rose sharply, most of the TechNet stocks rose, and the Xiaomi Group surged nearly 7%
Apple concept stocks rallied; Ruisheng Technology rose more than 5%; coal stocks strengthened, and China Coal Energy rose more than 6%.
As of press release, Xiaopeng Automobile-W (09868.HK) fell 4.51%, Ideal Automobile-W (02015.HK) fell 4.35%, NIO - SW (09866.HK) fell 1.16%, and Great Wall Motor (02333.HK) fell 1.32%.
As of press release, Xiaopeng Automobile-W (09868.HK) fell 4.51%, Ideal Automobile-W (02015.HK) fell 4.35%, NIO - SW (09866.HK) fell 1.16%, and Great Wall Motor (02333.HK) fell 1.32%.
Futu Morning Post | Federal Reserve Officials Say Current Interest Rates Are Not Enough to Calm Inflation; New iPad Pro Has M4 Chip
Damo postponed expectations of when the Federal Reserve would cut interest rates for the first time until September; Tesla fell nearly 4%, and US regulatory investigations against Tesla were upgraded; Disney's core streaming business was profitable for the first time, but the stock price plummeted by more than 9%.
US stocks close | Federal Reserve officials eagle, NASDAQ falls back, Tesla falls nearly 4%
The Dow Index recorded its longest continuous rise in more than four months. After the Reddit market, Disney fell 9.5% and Palantir fell 15%; after the results, the China Securities Index fell more than 2% and fell twice in a row. Xiaopeng Motors fell more than 6%, and Ideal Auto fell more than 3%.
Express News | The Swiss central bank cleared the first quarter, and Lujin and Weibo reduced their holdings, and NIO increased Pinduoduo
NIO Inc Options Spot-On: On May 7th, 119.37K Contracts Were Traded, With 2.75 Million Open Interest
On May 7th ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 119.37K options for the day, of which put options accounted for 34.57% of the total transactions, and call o
Shares of Chinese EV Stocks Are Trading Lower Amid Broader Weakness in US-listed Chinese Stocks. Additionally, Tesla's China Sales Reportedly Fell in April.
Shares of Chinese EV Stocks Are Trading Lower Amid Broader Weakness in US-listed Chinese Stocks. Additionally, Tesla's China Sales Reportedly Fell in April.
NIO Inc. (NIO) Is Attracting Investor Attention: Here Is What You Should Know
US stock outlook | Star technology stocks and Chinese securities generally fell before the market; BlackRock refuted the “May sale” strategy: the Fed's position and the stock repurchase boom will boost US stocks!
Damo: US inflation data will be the key to the stock market trend, and it is recommended to bet on the defensive sector; Citi: The Fed's downsizing will continue until 2025, unless the US falls into recession; Disney's pre-market decline widens to 5%, and revenue for the second fiscal quarter falls short of market expectations; and Apple's new product launches hit hard.
Nio's Orders up 19% in Apr From Mar, Deutsche Bank Survey Shows
The sequential increase in new orders for Nio in April was mainly due to lower prices for its BaaS battery rental service, according to Deutsche Bank.
Tesla Rival Nio To Roll Out Mass-Market EV Brand In May: Report
Chinese electric vehicle maker Nio Inc (NYSE:NIO) is reportedly set to introduce a new model aimed at the mass market by the end of this month, along with a smaller EV to be marketed in Europe next year for under $30,000.
Within two days, the three cities made a statement to push driverless cars to launch intelligent connected vehicles in many places to “run” throughout the city
Local governments are taking action to let more “smart cars” drive on the “smart road.” On May 7, the Shenzhen Municipal Transportation Bureau officially released the “Shenzhen Intelligent Connected Vehicle Road Test and Demonstration Application Sixth Batch Open Road Catalogue”. A total of 43 roads were opened this time, with a total mileage of about 106.01 kilometers.
China Apr NEV Wholesale at 800,000, Down 2% From Mar, CPCA Estimates Show
Since the beginning of the year, consumers have been in a wait-and-see mood, and the passenger car market has not been able to regain momentum in sales, the CPCA said.
Express News | Passenger Federation: According to preliminary monthly data, it is estimated that the wholesale sales volume of new energy passenger car manufacturers nationwide in April was 800,000 units, up 33% year on year and slightly down 2% month on month.
The second brand “Ledao” under NIO (09866) will officially release batteries in mid-early May or be provided by BYD, Ningde Times and China Airlines
Li Bin, chairman of NIO (09866), and Qin Lihong, co-founder of NIO, revealed earlier that NIO's second brand, “Ledao”, is called “ONVO” in English, and the new brand will be officially launched in mid-early May.
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