Nio Inc is a pioneering electric vehicle (EV) manufacturer based in China, specializing in the design, manufacture, and sale of high-performance smart electric vehicles. The company is renowned for its innovative approach to automotive technology, incorporating advanced features such as artificial intelligence and autonomous driving capabilities into its vehicles. Nio also emphasizes a customer-centric experience, offering services such as battery-as-a-service, enabling users to swap out depleted batteries for fully charged ones at designated stations. Through its commitment to sustainability and innovation, Nio aims to redefine the future of mobility in the global auto industry. Read More
Nio slashed costs across its long-range lineup, offering discounts and vouchers for recent buyers, while Tesla’s new three-row Model Y L adds fresh pressure in China’s competitive EV market.
Pony AI is gaining support from global investors as it expands its robotaxi fleet and moves towards profitability. ARK Invest and other major investors have recently backed the company.
NIO Inc (NASDAQ: NIO) shares are trending Monday following the announcement of the EV company's expansion plans, which includes entry into three new markets. Here's a look at what's going on.
ZEKR reported Q2 results with a 0.9% decrease in revenue YoY but a 24.6% growth QoQ. Vehicle deliveries and margin increased, while net loss decreased.
