Chinese stocks up on stimulus hopes, TSMC boosted by Berkshire stake
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Nio (NIO) trades down following UBS downgrade
November 17, 2022 11:35 AM ESTShares of electric automaker Nio Inc. (NYSE: NIO) are down 1.99% in mid-day trading on Thursday after UBS announced that they have downgraded the stock to Neutral (from Buy) and cut the price target to $13.00.
A UBS analyst wrote in a... More
Morand’s new eTechnology can charge a car in 72-seconds
November 16, 2022 2:10 PM ESTMorand, a Swiss technology startup, has launched their all-new energy storage solution, the Morand eTechnology. This energy storage technology is a unique hybrid system that combines the characteristics of an ultracapacitor with that of a chemical battery to create a durable and ultra-fast energy pack with the ability to fully recharge a city car in 72 seconds.
The eTechnology packs use innovative hybrid ultracapacitors (HUC) cells from Sech... More
Renaissance cuts position on NIO (NIO); doubles down on XPeng (XPEV) and Li Auto (LI)
November 15, 2022 11:00 AM ESTRenaissance Technologies LLC, a prominent hedge fund, has cut its position in the Chinese electric vehicle company Nio (NYSE: NIO) during the 3Q, while doubling its bet on XPeng Motors (NYSE: XPEV) and Li Auto (NASDAQ: LI).
Renaissance held 12,681,700 US-traded ADRs of NIO at the... More
