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Alibaba, Nio Shares Fall: Hang Seng Merely 350 Points Away From 2009 Lows

Hong Kong stocks opened in the red on Thursday as investors shifted focus to U.S. inflation data due later in the day. The benchmark Hang Seng opened 1.11% down and was last seen trading at 16,538, just nearly 350 points away from hitting its 2009 lows.

Benzinga · Oct 13, 2022

Alibaba, Nio Shed Over 3%: Hong Kong Shares Continue To Bleed, Semiconductor Rout Spreads Across Asia

Hong Kong stocks opened in the red on Tuesday after the Nasdaq index closed at its lowest level since July 2020 and a semi-conductor stock rout spread across Asian markets like Taiwan and South Korea which opened for trading after the holidays.

Benzinga · Oct 11, 2022

Hit the Brakes on These 3 EV Stocks Now

High inflation, semiconductor chip shortage, and supply-chain bottlenecks have caused substantial challenges for electric vehicle (EV) makers this year. Moreover, the industry continues to battle production issues despite the increased demand. Given the headwinds, we think it may be prudent to avoid fundamentally-weak EV stocks Rivian Automotive (RIVN), NIO Inc.…

StockNews.com · Oct 10, 2022

Alibaba, Nio, EV Stocks Fall: Hang Seng's Wednesday Rally Proves A Farce As Index Tracks Weaker Wall Street Close

Hong Kong stocks opened in the red on Thursday after Wall Street indices lost steam following a two-day rally. The benchmark Hang Seng lost 0.52% in opening trade.

Benzinga · Oct 6, 2022

NIO ET5 Deliveries Kick Off In China, Model 3 Rival Starts At $46K

Priced from RMB 328,000 ($46,100) before subsidies, the NIO ET5 is the brand's most affordable model and a direct rival for Tesla's Model 3 in China and Europe.

InsideEVs · Oct 4, 2022

NIO Electric Car Sales Barely Increased In September 2022

NIO reports that its overall electric vehicle delivers in September amounted to 10,878, which is just over 2% more than a year ago.

InsideEVs · Oct 3, 2022

Chinese EV Trio Reports September Deliveries: Nio Holds Up, XPeng Slips And Li Auto Sizzles After Anemic August

Nio, Inc. (NYSE: NIO), XPeng, Inc. (NYSE: XPEV) and Li Auto, Inc.

Benzinga · Oct 1, 2022

Tesla's AI Day Announcements, Lordstown, Fisker On Track With Production Plans, Faraday Future Gets A Lifeline And More: Week's Biggest EV Stories

Electric vehicle stocks moved to the downside once again in the week that ended Sept. 30 as economic worries continue to roil the broader market. Lordstown Motors Corp. (NASDAQ: RIDE) and Workhorse Group, Inc.

Benzinga · Oct 1, 2022

NIO Installs First Battery Swap Station In Germany

NIO's first battery swap station for electric cars in Germany has been officially deployed, ahead of the market launch of the NIO ET7 model later this year.

InsideEVs · Sep 29, 2022

Nio Enters Race for Lithium with Australian Investment

Key Takeaways: Nio Inc. will pay $7.7 million for 12% of Australian miner Greenwing Resources, which holds the rights for the San Jorge Lithium Project in Argentina Nio is the latest electric vehicle maker to purchase lithium assets, following similar moves by domestic rival BYD and global names like Tesla…

Benzinga · Sep 29, 2022