Daily Archive: November 18, 2022

China’s EV upstart Nio switches on power swap station in Sweden

Electric vehicle startup Nio is accelerating its expansion in Europe. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company said in a LinkedIn post. When it comes to charging, Nio differentiates itself from its rivals by offering swappable batteries, which are upgradable and charge a monthly subscription fee, on […]

Ideanomics receives NASDAQ extension to comply with Bid Price Rule and secures additional funding to increase EV and charging sales in the United States and Europe

Ideanomics (Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), today announces that it has received notification from The Nasdaq Stock Market LLC ("NASDAQ") confirming the company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement under Listing Rule 5550(a)(2) (the "Bid Price Rule") through May 15, 2023.

Chinese regulators vow to crack down on price gouging as lithium prices rise to staggering levels

China will strictly investigate and punish hoarding, price gouging and unfair competition in the upstream and downstream lithium battery industry to maintain market order, a government document said today.

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