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In fact, China's EV price war has gotten so bad that more than 200 car models saw price cuts in 2024, up from the 148 models in 2023, according to the China Passenger Car Association's secretary ...
Chinese electric vehicle makers including Nio and Li Auto have followed market leaders Tesla and BYD in extending buying incentives to the start of 2025, as a price war in the world's largest auto ...
But Nio, already one of the largest Chinese EV players by sales, has much bigger ambitions for 2025. On the back of its two newer models, the company expects to deliver roughly 440,000 units in ...
Five out of China’s six biggest EV makers posted record sales in September. Fueled by discounts and promotions, the Chinese EV pack led by BYD Company Limited (OTC: BYDDY) revived demand. While ...
And Nio (NYSE: NIO), a leading premium Chinese EV maker, has positioned itself for massive top-line growth in 2025. Both could see their stock prices jump in the year ahead. Both could see their ...
BYD's net profit rose 11.5% from the previous quarter to 11.6 billion yuan ($1.6 billion), and it also sold a record number of vehicles in the third quarter.
The street high price target from Citigroup is $8.5, while the street low from B of A Securities is $5.9. Price Actions: NIO shares were trading lower by 2.55 % to $4.05 at the last check on ...
Nio (NYSE: NIO) is carving out its lane in China's premium EV segment, with vehicles priced between 298,000 yuan ($41,797) and 598,000 yuan ($83,874). The company's battery-as-a-service model is ...