NIO Inc
Chinese EV makers continue intense drive into Europe under escalating menace of tariffs
BYD Seal U electrical automobile at the IAA Mobility 2023 worldwide motor clearly show on September 6, 2023 in Munich, Germany. Leonhard Simon | Getty Photographs News | Getty Photographs PARIS — Chinese electrical carmakers are pushing ahead with expansion into Europe, even as politicians raise the possibility of significant tariffs on cars from the […]
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GM all-electric Chevy Equinox goes on sale as the latest test for EV production and demand
GM’s 2024 Chevrolet Equinox EV during a media launch event for the vehicle on May 16, 2024 in Detroit. Michael Wayland / CNBC DETROIT — The Chevrolet Equinox has been a crucial part of General Motors’ lineup for two decades. The vehicle is a quintessential family hauler and a go-to car for people seeking an […]
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Chinese EV startup Nio is changing its global strategy with U.S., EU tariffs on the horizon
Ai Tiecheng, Senior Vice President of NIO and President of ONVO, speaks during the press conference of ONVO, NIO’s new subsidiary brand, on May 15, 2024 in Shanghai, China. NIO launches its second brand ONVO and its first model L60 on May 15. Vcg | Visual China Group | Getty Images SHANGHAI — Chinese electric […]
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Stocks making the biggest moves midday: GameStop, AMC, Boeing, Nio and more
Check out the companies making headlines in midday trading. GameStop , AMC Entertainment – The so-called meme stocks retreated significantly after a two-day rally . GameStop declined about 30%, while AMC dropped 20% as the trading frenzy seemed to fade. The sell-off in AMC shares also came after the company announced a debt-for-equity swap. Before […]
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Tesla’s Chinese rival Nio launches a new brand and car that undercuts the Model Y by $4,000
Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn Cheng SHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla’s comparable Model Y. Deliveries for Onvo’s first […]
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Shares building the most significant moves premarket: AMC, GameStop, Boeing, Dell and a lot more
Examine out the firms building headlines prior to the bell. AMC Amusement , GameStop — AMC and GameStop shares posted fell in early morning trading as momentum fizzled from the meme stock fad , which was reignited Monday by a social media reappearance from “Roaring Kitty.” AMC shares were down much more than 7% just […]
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Chinese EV maker Nio to launch its decrease-priced brand name Onvo on May possibly 15
Nio retains a product party in Shanghai on Sept. 21, 2023. Evelyn Cheng | CNBC BEIJING — Chinese electric auto business Nio claimed Thursday it will start its lower-priced manufacturer termed Onvo on May well 15. The announcement arrives amid a value war in China’s remarkably competitive electrical car or truck industry that’s forced Tesla […]
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Autos analysts pick who can survive China’s slice-throat EV industry
Investment analysts are coalescing all-around a number of likely winners in China’s motor vehicle market soon after a 10-day car present in Beijing put the ferocious level of competition on complete show. The opening early morning of China’s largest automobile clearly show of the 12 months — April 25 in this situation — is typically […]
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China’s automakers have to adapt speedily or shed out on the EV boom in the face of regulatory scrutiny overseas and opposition at residence
Vital Points Adoption of battery and hybrid-driven cars and trucks has surged in China, but an onslaught of new types has fueled a selling price war, whilst regulatory scrutiny grows abroad. “The pace of elimination will only decide on up,” Feng Xingya, common manager at GAC, explained to reporters on the sidelines of the Beijing […]
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