Hong Kong stocks slip on China property woes while Nio gains on fund injection

[ad_1] Hong Kong stocks dropped for a second day on concerns China’s property market will struggle to overcome a multi-year slump, forcing funds to cut their holdings. Several companies based…

China EV maker Nio wins $2.2 billion Abu Dhabi cash boost

[ad_1] Nio Inc., the loss-making Chinese electric-car maker, has scored another cash injection from the Middle East after Abu Dhabi-backed fund CYVN Holdings LLC said it will invest $2.2 billion.…

China’s EV carmaker Nio jumps 4% after reporting narrower-than-expected losses

[ad_1] Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Nio…

China’s Latest EV Stocks Face Uncertain Reception in New York

[ad_1] Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth…

Chinese Tesla rival Nio cuts 10% of workforce as CEO predicts ‘intense competition’

[ad_1] Nio’s ET5 stands on display at the Central China International Auto Show on May 25, 2023, in Wuhan, China. Getty Images | Getty Images News | Getty Images Chinese…

Exclusive: China’s Nio considers tapping dealers to boost EV sales in Europe – sources

[ad_1] A NIO ET5 car model and the NIO EP9 sports car are pictured at the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc.…

Companies Find a Fundraising Sweet Spot With Convertible Bonds

[ad_1] The instrument enables riskier or unprofitable companies struggling to raise funds through stock and bond sales to get cash. [ad_2] Source link

Ford Tried to Sell the Electric Mustang to China the Tesla Way—It Didn’t Work

[ad_1] The Detroit automaker is changing its strategy after China EV sales suffered from marketing and sales missteps. [ad_2] Source link

China’s Nio launches smartphone developed to use with its electric cars

[ad_1] SHANGHAI: China’s Nio on Thursday (Sep 21) unveiled a high-end smartphone designed to be used with its electric vehicles, touting a plethora of related functions such as using the…

Chinese EV maker Nio raises $1 bln in convertible bond deal

[ad_1] An NIO ET7 car model is presented at the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023.…