NIO

Results

Nio loses another US$2.9 billion as China's EV battle heats up

Unlike rivals Xpeng Inc and Li Auto Inc, which is now making money, Nio hasn’t announced any major product launch plans for 2024
NIO aims to build a more premium EV brand than Tesla - THE EDGE SINGAPORE

kopi-C: the Company brew

NIO aims to build a more premium EV brand than Tesla

Singapore could be a regional base for Nio

Electric vehicles

EV maker Nio considers more job cuts after shedding 10% of staff

The move was 'a tough but necessary decision against fierce competition'
Abu Dhabi unit plans to acquire 7% of Nio - THE EDGE SINGAPORE

Electric vehicles

Abu Dhabi unit plans to acquire 7% of Nio

Abu Dhabi unit CYVN plans to acquire 7% of Nio

Electric vehicles

China's Guangdong province has more EV chargers than all of the US

Ubiquitous charging is also boosting electric car ownership. EV sales jumped 151% in the first half of the year.
Nio widens loss by 316%, to scale up production in 2HFY2022 - THE EDGE SINGAPORE

Results

Nio widens 2QFY2022 loss by 316%, to scale up production in 2HFY2022

The second half of 2022 is a critical period for the company to scale up the production and delivery of multiple new products.

Electric vehicles

NIO’s vehicle delivery levels sees 81.6% increase y-o-y

The production and delivery of the ES7 has begun to ramp up steadily, where 398 ES7s were delivered to users in August.

US stocks

Amazon favoured, EV makers spurned as Singaporeans cut US exposure: TD Ameritrade

Singapore investors were net buyers of Taiwan Semiconductor Manufacturing Company, differing from TD Ameritrade's global clients.
Nio forms independent committee to probe short seller's allegations - THE EDGE SINGAPORE

Electric vehicles

Nio forms independent committee to probe short seller's allegations

"The company reiterates its continued and unwavering commitment to maintaining high standards of corporate governance"
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