Innovation in the electric vehicle (EV) market continues to remain high. But interestingly, some big moves are being seen in the Chinese EV space, with Nio (NYSE:NIO) stock making some intriguing moves on improving its in-car experiences. Today, NIO is down a little less than 1%, continuing its slide. But this announcement is one investors may want to pay attention to.Nio announced a partnership with streaming and multimedia playback specialist Cinemo today. This deal will bring “home-entertainment-grade” i ...

Nio (NYSE:NIO), Li Auto (NASDAQ:LI) and XPeng (NYSE:XPEV) stock are in the spotlight following news that the Canadian government is considering levying new tariffs on electric vehicles (EVs) made in China.According to Bloomberg, Prime Minister Justin Trudeau has faced pressure to enact tariffs on Chinese EVs following similar plans from the U.S. and European Union (EU). Last month, the White House announced that it would increase the tariff on Chinese EVs to 100% from 25% in order to protect domestic manufa ...

Chinese electric vehicle (EV) producer Nio (NYSE:NIO) is giving an unexpected boost to a penny stock today. Indeed, the automaker recently announced a partnership with auto insurance platform company Cheche Group (NASDAQ:CCG). This news hasn’t done much for NIO stock, but CCG stock is having an excellent day. After months of steadily trending downward, the microcap penny stock definitely needed a catalyst, too.Now, Cheche may be on the verge of a turnaround as it takes steps to collaborate with automakers i ...

After going through a bit of a rough patch, the electric vehicle (EV) industry seems to be getting back on its feet, but some of its representatives, particularly the Shanghai-based automaker Nio (NYSE: NIO), are yet to follow with significant increases in their stock prices.Indeed, Nio has been among the weaker performers across the stock market this year, having declined as much as 48.63% in 2024 alone and continuing to fall further in recent weeks and months to a price of $4.33, which is a far cry from i ...

BEIJING, June 20, 2024 /PRNewswire/ -- Cheche Group Inc. (NASDAQ: CCG) ("Cheche" or the "Company"), China's leading auto insurance technology platform, today announced it has entered into a partnership with NIO Insurance Broker Co., Ltd. ("NIO Insurance Broker"), a subsidiary of NIO INC. (NYSE: NIO) ("NIO"), as Cheche continues to deepen its collaborations with new energy vehicle ("NEV") manufacturers.Cheche's accessible digital platform, powered by industry-leading technology, will digitalize the process o ...

Dublin, June 20, 2024 (GLOBE NEWSWIRE) -- The "Analysis on NIO's Layout in Electrification, Connectivity, Intelligence and Sharing" report has been added to ResearchAndMarkets.com's offering.Because of burning money and suffering a huge loss, many people thought NIO would soon go out of business. NIO however recovered from troughs again in late 2023, by virtue of its strong financing capacity, battery swap cooperation with Changan and Geely, and release of ET9 and many innovative technologies. In eight yea ...

2024 年6 月11 日 汽车汽配: 超配 证券研究报告 / 业绩点评报告 蔚来汽车 (NIO US, 持有, 目标价: US$5.20) 1Q24 盈利承压，毛利率受益于交付量增长有望环比改善 目标价: US$5.20 当前股价: US$4.72 • 受行业竞争加剧、新旧车型更替影响，1Q24 整体业绩承压。 股价上行/下行空间 +10% 52周最高/最低价 (US$) 16.18/3.61 • 预计2Q24 交付5.4-5.6 万辆新车，2Q24 汽车板块毛利率有望环比提升至双位数。 市值 (US$mn) 8,025 • 维持“持有”评级和目标价5.20 美元不变。 当前发行数量(百万股) 1,700 三个月平均日交易額 270 1Q24 整体业绩承压，当期在手现金流出约120 亿元。根据蔚来汽车1Q24 业绩报告，公 (US$mn) 流通盘占比 (%) 91 司实现营业收入99.1 亿元，同环比下降7.2%/42.1%；其中汽车销售收入83.8 亿元，同环 主要股东 (%) 比下降9.1%/45.7%。公司1Q24 综合毛利率为4.9%，同比提升3.4 个百分点，环比下降 李斌 11 2.6 个百分点 ...

Would you use a smartphone from an electric vehicle (EV) producer? That’s the question that Nio (NYSE:NIO) is once again asking investors as it gears up for the second generation of the Nio Phone. After releasing the first edition of its smartphone in September 2023, Nio is poised to reveal a major update at the upcoming Innovation Day 2024.So far, this news hasn’t done much for NIO stock. But even so, the development is worth examining, as it raises an important question. Nio certainly needs a growth-drivi ...

From seemingly any angle, China’s flagship electric vehicle manufacturer Nio (NYSE:NIO) seems to be facing an existential crisis. Recently, the European Union threatened to impose tariffs on EVs imported from China, a measure to protect European automotive manufacturers from unfair competitive practices, according to Reuters. Naturally, that’s a massive speedbump against Nio stock.At the same time, not everyone in Europe is thrilled with the idea. Both German government officials and automakers have express ...

EV stocks have been among the worst-performing options for investors over the past few years. High interest rates have caused EV sales volumes to plummet. However, while many have banked on cyclical tailwinds inflecting after rate cuts, there are potentially even worse headwinds coming into play going forward.For example, hybrids are starting to become more and more popular. Many car buyers like the flexibility and the efficiency gains hybrids offer. I think this trend could be one that could remain a thorn ...