NIO (NIO) appoints new independent director
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Global EV sales show continued strength, China sees record numbers despite ending subsidy
November 14, 2023 9:03 AM ESTElectric vehicle sales globally remain strong, as indicated by China's record-breaking monthly sales in October, despite the discontinuation of subsidies, according to Rho Motion, a market research firm.
Even as China terminated an 11-year subsidy program for EV purchases in 2022, certain local authorities have continued to provide support such as aid, tax rebates, and consumer subsidies to incentivize investments.
In September, EV sales in... More
NIO (NIO) Appoints Yonggang Wen to its Board
November 13, 2023 5:23 AM ESTNIO Inc. (NYSE: NIO) today announced that Professor Yonggang Wen has been appointed as a new independent director to the Companys board of directors (the Board), effective November 13, 2023.
We are delighted to welcome Professor Wen to the Board of NIO. With his outstanding academic background, combined with his expertise in cloud computing and computational sustainability, and passion for innovative technologies, Professor Wen brings unique perspectives to the Board, said William Bin Li, chairman of the Board of Directors and chief executive officer of the Company. We... More
Nio Inc. (NIO) still 'debating' North America entry by 2025, seeks partnerships
November 10, 2023 3:04 PM ESTGanesh Iyer, the CEO of Chinese electric automaker Nio Inc. (NYSE: NIO), attended the Reuters Events Automotive USA 2023 conference this week where the CEO revealed that his company is still debating a 2025 entry into North America.
NIO continues to be a leading... More
NIO Inc. (NIO) call put ratio 2.2 calls to 1 put on flat option IV
November 10, 2023 2:09 PM ESTNIO Inc. (NYSE: NIO) 30-day option implied volatility is at 67; compared to its 52-week range of 56 to 104. Call put ratio 2.2 calls to 1 put.
... MoreGeely's Zeekr inches closer to U.S. IPO, may file this week
November 9, 2023 10:34 AM ESTReuters reports Thursday, citing unnamed sources, that Chinese automaker Geely's premium electric car brand, Zeekr, is set to publicly release details of its plans this week to list shares on the New York stock exchange (NYSE).
According to the sources, Zeekr will reveal its prospectus, and soon after, its shares might start trading on the stock exchange.
Zeekr filed for a... More
