NIO Inc. (NIO) call put ratio 2.5 calls to 1 put as share price up 9%

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Tesla (TSLA) China plans to build auto research center in Thailand as EVs gain popularity

December 8, 2023 3:43 PM EST

Thailand revealed Friday that China is planning to establish a China Automotive Technology and Research Center (CATARC) in the region, the fourth such facility in the world.

Tax incentives and subsidies offered by the Thai government have successfully attracted Chinese car manufacturers such as BYD and Great Wall... More

Nio (NIO) considers expanding job cuts

December 7, 2023 8:41 AM EST

Chinas Nio Inc. (NYSE: NIO) is reportedly considering further workforce reductions following its recent announcement of a 10% job cut last month.

According to a report released by Bloomberg on Thursday, the electric automaker has instructed certain departments to prepare supplementary lists for potential layoffs,... More