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Deutsche Bank cuts price target on Nio (NIO) ahead of 3Q report
November 8, 2022 7:31 AM ESTDeutsche Bank Securities reiterated a Buy rating on Nio Inc. (NYSE: NIO) and cut the price target to $20.00 (From $39.00) ahead of the companys 3Q earnings report. The electric vehicle maker is scheduled to report 3Q earnings this Thursday Nov 10th before US market opens.
Deutsche Bank is expecting Nio to report a mostly decent quarter with the potential for a headline margin upside from regulatory credits. However, analyst... More
Tesla (TSLA) Nio (NIO) and Renault Earn Top Marks from Green NCAP
November 7, 2022 7:38 AM ESTThe Green National Car Assessment Program (Green NCAP) released a new set of results on Monday focused on three vehicles during this latest round the Tesla Model 3, NIO eT7 and Renault Megane E-Tech. All three vehicles received an impressive five stars under the Green NCAP sustainable rating scheme, achieving nearly maximum scores due to the high energy efficiency of their electric powertrains, far exceeding the ratings of conventional cars.
The Tesla Model 3, with a battery capacity of 60 kWh, single motor, rear wheel drive and a power of 208 kW is the smallest vehicle of the Tesla (NASDAQ:... More
