EV maker Nio jumps after launching flagship BEV sedan ET9
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China’s Xiaomi unveils first EV
December 28, 2023 10:09 AM ESTChinese smartphone maker Xiaomi unveiled its first electric vehicle (EV) on Thursday, while also announcing the companys ambitious goal of becoming one of the worlds top five automakers.
The upcoming sedan, named SU7 (with SU standing for Speed Ultra), is generating a lot of excitement. Chief Executive Lei Jun has highlighted its "super electric motor" technology, boasting acceleration speeds faster than those of Tesla (NASDAQ: TSLA)... More
Nio (NIO) announces closing of $2.2B investment deal
December 27, 2023 1:36 PM ESTChinese electric automaker, Nio Inc. (NYSE: NIO) announced Wednesday that the company has closed the US$2.2 billion strategic equity investment from Abu Dhabi-based CYVN Investments.
CYVN completed a significant strategic equity investment of US$738.5 million in the Company back in July. As part of... More
Jefferies Reiterates Hold Rating on NIO Inc (9866:HK) (NIO)
December 26, 2023 7:43 AM ESTJefferies analyst Xiaoyi Lei reiterated a Hold rating and HK$65.80 price target on NIO Inc (9866:HK) (NYSE: NIO).
... MoreBofA Securities Reiterates Buy Rating on NIO Inc (9866:HK) (NIO)
December 25, 2023 12:35 AM ESTBofA Securities analyst Ming Hsun Lee reiterated a Buy rating and HK$85.00 price target on NIO Inc (9866:HK) (NYSE: NIO).
... More