Smart and Sustainable Electric Mobility
New short positions in Chinese ADRs so far this month were the highest monthly short-selling flows in 2023, with Nio being the most shorted, Morgan Stanley said.
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Nio had 26,763 full-time employees at the end of 2022, including 26,366 in China and 397 overseas.
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Local media outlet 36kr has published an excellent story today that sheds light on why Nio is periodically in trouble and how it defuses its challenges.
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From September 1 to September 24, Nio was at 13,900 units, Xpeng at 10,400 units and Li Auto at 29,200 units.
The post China EV insurance registrations for week ending Sept 24: Nio 4,000, Li Auto 9,000, Tesla 13,500 appeared first on CnEVPost.
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And also Wuling and Tank launch new models.
The post China EV Daily (Sep 25): Huawei sets release dates, Xpeng launches P5, Nio denies funding rumors appeared first on CarNewsChina.com.
Nio is considering raising about $3 billion and has approached investors from the Middle East, Bloomberg said earlier today, citing people familiar with the matter.
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Nio is considering raising about $3 billion from investors and has approached investors from the Middle East, according to Bloomberg.
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Shortly after the notes were priced, Nio purchased about $256 million aggregate principal amount of convertible senior notes due 2026 and about $244 million of convertible senior notes due 2027.
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Nio will waive service fees for car owners using its swap stations along highways during the upcoming National Day holiday, rather than waiving both service and electricity fees as it had previously done.
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Major of San Jose, Matt Mahan, and other state officials were among attendes.
The post Nio opened a new North American HQ, and 70 companies attended Nio US partner day appeared first on CarNewsChina.com.
