Deutsche Bank cuts estimates on Nio (NIO); 'we continue to believe the product'
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NIO (NIO) PT Lowered to $16 at Deutsche Bank
September 6, 2023 3:43 AM EDTDeutsche Bank analyst Vincent Ha lowered the price target on NIO (NYSE: NIO) to $16.00 (from $17.00) while maintaining a Buy rating.... More
German Chancellor reveals plans for EV expansion law at IAA Munich
September 5, 2023 12:52 PM EDTGerman Chancellor, Olaf Scholz took a tour of this years IAA car show in Munich on Tuesday where he revealed a groundbreaking initiative to expand the electric vehicle industry in his country.
In his address, he praised the German car industry's dedication to electrification while expressing his disapproval of ongoing protests. Scholz announced a new law, expected in the coming weeks, designed to significantly increase the number of electric vehicle charging stations across the country.
Under... More
