Nio is holding a second-quarter earnings analyst call, and this post is CnEVPost's live update of the main points from the call.
For details, please visit CnEVPost.
Tagged: China
Nio posts better-than-expected Q2 revenue
Nio reported a total revenue of RMB 17.446 billion ($2,400.6 million) in the second quarter, better than the RMB 17.385 billion expected by Wall Street analysts.
For details, please visit CnEVPost.
Nio signs partnership deal to jointly build charging and battery swap network
Nio has signed an agreement with Suzhou Energy Group, a Chinese state-owned enterprise, to jointly promote charging and battery swap infrastructure.
For details, please visit CnEVPost.
Person who created Nio bankruptcy rumor arrested
Nio has received a reply from the police today saying they have arrested the person suspected of creating and publishing the fake rumor about its bankruptcy.
For details, please visit CnEVPost.
Tesla to launch FSD in China in Q1 2025
Tesla plans to launch FSD in China and Europe in the first quarter of 2025, pending regulatory approval. This is a slight delay from the previous plan.
For details, please visit CnEVPost.
Mercedes commits to China with a 2 billion USD investment to compete with local rivals
Mercedes announces its 14 billion RMB investment in China to expand its local production lineup. They will release three new models in 2025.
The post Mercedes commits to China with a 2 billion USD investment to compete with local rivals appeared first on CarNewsChina.com.
Nio Q2 2024 earnings: Here’s what Wall Street is expecting
Wall Street expects Nio's revenue to be RMB 17.385 billion in the second quarter, exceeding the upper end of the EV maker's guidance range as deliveries unexpectedly beat guidance.
For details, please visit CnEVPost.
Dongfeng’s electric off-road brand M-Hero plugs into Nio’s charging network
Dongfeng Motor's premium electric off-road brand, M-Hero, has plugged into Nio's charging network, becoming the 12th brand to do so.
For details, please visit CnEVPost.
Global EV battery market share in Jan-Jul 2024: CATL 37.6%, BYD 16.1%
CATL and BYD continue to hold the top two spots as the world's largest battery makers in January-July, with several other Chinese companies in the top 10.
For details, please visit CnEVPost.
BYD was third best-selling brand in the world in July this year
BYD was the third best-selling brand in the world in July after Toyota and Volkswagen. However it only has 8th place for the year.
The post BYD was third best-selling brand in the world in July this year appeared first on CarNewsChina.com.
