Dont always think Nio is doing very well. Nio is getting more difficult to sell more EV now. Last week only sell 2500 units and you hope Nio will be profitable anytime soon like this?
$NIO Inc.(NIO)$ If this is true then Nio BOD is controlled by the CEO also holding the Chairman post? Anyhow increase the new shares issuance size within hours after it was reported is so unprofessional. Nio need to split the CEO and Chairman post and this will at least improve the transparency.
$NIO Inc.(NIO)$ After the news raising fund out Nio pre market share price broken 4.00 level for the first time. This is a very bad news as Nio reported still have a few billions cash why still need to raise fund so fast? Something is very not right. Better be careful. Burning cash will continue and raising new fund again and again is a very bad news. No wonder the shareholders are dumping the shares probably lost their patience and cutloss and never want to hold anymore.
$NIO Inc.(NIO)$ Nio (NYSE: NIO) announced plans to issue new shares to raise funds after it flagged possible financial stress in its fourth-quarter earnings report. The electric vehicle (EV) maker announced today that it plans to issue up to 118,793,300 class A ordinary shares in offshore transactions outside the US to non-US persons.
$NIO Inc.(NIO)$ Common sense when QR out with worse loss even with highest number of deliveries. Nio price should be lower than 4.00? I hope it wont break 4.00 but with Q1 2025 deliveries is much below expectation it will be another loss qtr again. So Nio is no longer a good bet as all the expectation failed to materialised. The CEO is keeping the Onvo president and now the Firefly chief will in hot soup if Firefly cant fly like Onvo.
$NIO Inc.(NIO)$ BYD Co (HK:1211) will roll out its recently unveiled megawatt fast charging technology by early April, the company’s executives said in a Weibo (NASDAQ:WB) post on Wednesday, as the Tesla (NASDAQ:TSLA) rival races to further its lead in the Chinese electric car market. BYD (SZ:002594) executives said 4,000 megawatt fast charging stations were being planned, with the first batch of about 500 to be launched in early April, according to a Weibo statement carried by Chinese media. BYD could not be immediately reached for comment. The company had last week unveiled a new platform for EVs that it said could charge them almost as quickly as it takes to pump gas. The company had also announced for the first time that it would build a