According to Nio's Hong Kong Stock Exchange filing, the U.S. Department of Defense has added the Chinese electric vehicle maker to its list of "Chinese military-linked companies." Nio stated it believes the listing lacks proper justification, asserting the company is neither a Chinese military
According to Jin10, Chinese stocks listed in the U.S. rose broadly in pre-market trading on June 2. Li Auto (LI.O) led gainers with a 7.5% increase, followed by Alibaba (BABA.N) up 6%, JD.com (JD.O) up 5%, Bilibili (BILI.O) and NIO (NIO.N) each up 4%, and Baidu (BIDU.O) up 3%.
On May 28, Nio CEO Li Bin stated that raw material prices, including nickel, cobalt, and lithium carbonate, have increased significantly this year, pushing up vehicle production costs by approximately 10,000 yuan per unit. Li Bin noted that automakers lack pricing power in negotiations with
According to Jin10 data roundup on May 28, several major Hong Kong-listed companies released key updates. NIO (09866.HK) officially launched its ES9 vehicle with purchases starting from 498,000 yuan; battery-as-a-service (BaaS) purchases begin at 390,000 yuan, with deliveries starting May
According to BlockBeats, on May 13, China's Nasdaq Golden Dragon Index surged 4% amid broad-based gains in Chinese stocks. Kingsoft Cloud (KC) led the rally with an 18.45% increase, followed by Meituan ADR (MPNGY) up 9.72% and JD.com (JD) up 8.26%. Alibaba (BABA) rose 8.11%, Nio (NIO)
Gate News message, April 25 — Chinese EV maker Nio announced on April 24 that it has spun off its chip division, Shenji, into an independent company to reduce reliance on suppliers such as Nvidia and improve profit margins. Shenji's first chip, the NX9031, uses a 5-nanometer automotive-grade
Gate News: According to the latest Gate TradFi data, NIO (NIO) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
Gate News: According to the latest Gate TradFi data, NIO (NIO) has surged by 8% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
U.S. stocks rose across the board on Thursday. The Dow rose 0.58%, the S&P 500 rose 0.6%, and the Nasdaq rose 0.8%. Tech stocks were broadly higher, with Amazon up more than 5%. The Nasdaq China Golden Dragon Index fell 1.3%, while NIO and Baidu fell more than 4.5%. Crypto-related stocks showed mixed performance.