After a swift rise in the EV industry over the years, we saw a slowdown in its progress, especially in Europe and the USA.
IMF downgrades China's growth forecast to 4.8% for 2024, citing weak consumer confidence and domestic property issues.
China’s central bank cut two key interest rates on Sunday, which was enough to help the Shanghai Composite Index to an ...
NIO remains unprofitable, burning cash, and facing rising geopolitical risks, making it hard to achieve a turnaround without ...
Euphoria has faded somewhat since the government made it clear a month ago that it will be working to boost the economy.
Nio just declared record deliveries throughout Q3 and the newly launched L60 ONVO, the first family focused vehicle from Nio, ...
Chinese electric vehicle manufacturer NIO made its Middle East debut on Wednesday with the launch of its flagship SUV model EL8 in the United Arab Emirates, marking the company’s first expansion into ...
NIO shares are down 3.3% in Tuesday's session, falling 10% since Monday's open. Concerns over the effectiveness of China's ...
NIO is currently investing in R&D and focused on market expansions, which explains its low profitability. See why I rate the ...
Asian equities were mixed overnight despite a stronger US dollar. Hong Kong and South Korea outperformed, while Thailand was ...
of which 1.1 million were in China, the largest market for such vehicles. Mercedes, BMW, Audi and Porsche are seeing some of ...
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