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Is Nio Racing Ahead? Surprising Q3 Results Revealed

Benzinga

Chinese electric vehicle startup Nio, Inc (NYSE: NIO ) reported third-quarter revenue of 19.07 Excluding share-based compensation expenses, the company reported a non-GAAP loss of 2.28 billion yuan ($2.61 billion), up by 46.6% year-over-year and 117.4% from the previous quarter. Analysts, on average, estimated revenue of $2.63

Equity 81
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Nio, A Big Supporter Of Battery Swapping, Buys Stake In Nuclear Fusion Startup

Benzinga

Chinese EV maker NIO Inc (NYSE: NIO ) has invested in a startup firm developing fusion technologies. In two decades, the newly established company, Neo Fusion, will research and develop technologies to commercialize controlled fusion globally, Reuters cites familiar sources.

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Complete Exit For Exxon From Russia, Microsoft's Layoffs, Another Setback For Boeing's Potential 737 MAX 7 Approval, Visa & Mastercard Under FTC Probe: Top Stories Tuesday, Oct. 18

Benzinga

Exxon Exits Russia Completely After Putin Seizes Company's Properties. Why Shares Of Warren Buffett-Backed Tesla, Nio EV Rival Shot Over 6% Today. BYD competes with players such as Tesla Inc and Nio Inc (NYSE: NIO ), especially as it increases focus.

Equity 98
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Twitter May Drop Clickable Hashtags, AstraZeneca's Nasal COVID-19 Vaccine Fails Trial, Coinbase Gets Singapore Nod: Top Stories Tuesday, Oct. 11

Benzinga

Tesla, Nio Battery-Supplier CATL Expects Q3 Net Profit To Triple. Contemporary Amperex Technology Co Ltd (CATL), a battery supplier to Tesla Inc (NASDAQ: TSLA ) and Nio Inc (NYSE: NIO ), has estimated its net profit during the July-September quarter to nearly triple from a year earlier, supported by significant expansion in production.

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Top Financial Stories Monday, September 12: Netflix Collaborates With Assassin's Creed Maker, Gun Sales Could Soon Be Tracked Via Payment Processors, Xi Jinping To Meet Vladimir Putin In First Foreign Trip And More.

Benzinga

Tesla, Nio Supplier CATL's Chinese Rival Eyes $2B Hong Kong IPO. a rival to companies like Contemporary Amperex Technology Co Ltd. Recently, Disney Chief Bob Chapek reaffirmed the value of ESPN to the media company. Chinese battery maker CALB Co., CATL) and Warren Buffett -backed BYD Co.