Nio’s (NIO) Hungary Plant Ships First Battery Swap Station to Germany

Leapmotor to Begin Trading on Hong Kong Exchange Sep. 29th

Leapmotor, a Chinese electric vehicle company based in Hangzhou, announced on Tuesday that the company will issue 131 million shares on the Hong Kong Stock Exchange at a price of HK $48 to HK $62 ($6.12 $7.9) per share. Shares in the electric vehicle maker will start trading on September 29th. With an upper limit of HK $62, the market value of Leapmotor is estimated at about HK $70.848 billion ($9.03 billion), and the highest... More

Active options: ROKU NIO GOOGL GME MARA MSFT F FDX CVNA BBBY BABA CCL

Active options: ROKU NIO GOOGL GME MARA MSFT F FDX CVNA BBBY BABA CCL

BoA Bullish on Nio Inc. (NIO) After Meeting with Management

Shares of Nio Inc. (NYSE: NIO) are down almost 2% in premarket trading Monday after the company held management talks with Bank of America Securities analysts.

Bank of America hosted NIOs management post 2Q results, where the company saw a gross profit margin trough in 2Q22 and expects margin to gradually improve on a QoQ basis on better... More

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Active options: FDX NIO F LCID TWTR AMC INTC GOOG SHOP AAL

A Slow September Start Frustrates EV Investor Confidence in China

Weak seasonality, along with sporadic COVID lockdowns hampered Chinese electric vehicle sales in early September. According to Morgan Stanley analyst, Tim Hsiao, with already suppressed market sentiment, it would take a significant sales uptick to restore investor confidence in the auto segment.

A soft start to September was anticipated due to the Mid-Autumn Festival and several city-wide lockdowns. However, a 10% WoW decline in the EV run-rate was still a surprise compared to a low-single-digit sequential decline during the holidays last... More

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Active options: NIO NKLA F SBUX MSFT NFLX PLTR INTC AMC DKNG SQ

Popular stocks increasing volume: AAL NIO NKLA F SBUX NFLX PLTR INTC AMC DKNG SQ

Popular stocks increasing volume: AAL NIO NKLA F SBUX NFLX PLTR INTC AMC DKNG SQ