
NIO Reports $3.1 Billion in Losses on Q2 Conference Call
NIO rescheduled its conference call for the second quarter (Q2) of 2019 on September 25, clarifying that the company only lost 22 billion yuan ($3.1 billion) instead of the rumored $5 billion.
Showing 12 of 88 posts with this tag
NIO rescheduled its conference call for the second quarter (Q2) of 2019 on September 25, clarifying that the company only lost 22 billion yuan ($3.1 billion) instead of the rumored $5 billion.
Tesla's arm in China, Tesla (Shanghai) Co. Ltd has increased its registered capital to a total of 4.67 billion RMB (about $680 million) on Sept. 7, according to...
The Chinese automobile company Geely Holding Group (Geely) and the German Daimler AG (Daimler) announced on Mar. 28 the formation of a 50-50 global joint venture to develop and operate smart brand.
Though influenced by the COVID-19 pandemic, NIO's losses are narrowing. What's more, NIO has reached agreements with investors for investment in China.
Chinese electric vehicle (EV) maker Singulato Motors received a capital injection from Japan’s Itochu Corp amounting to nearly $100 million on October 12, according to Reuters.
BYTON, a Chinese electric vehicle maker, has recently received a distributor license from the state of California.
A new kind of vehicle that doesn’t require drivers seems to be just around the corner. Tech giants, startups, car makers, and ride-hailing firms are now racing to get the autonomous vehicles (AVs) on public roads.
Tesla held a "Made in China Model 3 Employee Delivery Ceremony" in Shanghai on Monday, delivering the first domestically produced Model 3 cars to the first batch of employee owners.
Chinese electric vehicle manufacturer NIO (NYSE:NIO) stock soared on December 30 as the company’s Q3 performance beat expectations from last quarter.
Tesla seems to be kicking off the deliveries of the Made-in-China Model 3 ahead of schedule as transport trucks carrying the cars were seen leaving the automakers’s Shanghai Gigafactory.
Baojun released on Sunday their RC-6 vehicle, fully equipped with Huawei’s latest in-car technology including AI voice control, intelligent driving, networking and image recognition.
As of February 2, Tesla temporarily shut down its stores in mainland China as the novel coronavirus worsens, according to a news report by CNBC on Thursday.