NIO (NYSE:NIO) announced that the U.S. Department of Defense has added the company to its “Chinese military companies” (CMC) list. NIO states it is not a Chinese military company or a military-civil fusion contributor. The CMC List is not a sanctions list and does not restrict trading in NIO’s securities….
AI signage at the Robert Bosch booth at the Beijing Auto Show in Beijing, China, on Saturday, April 25, 2026. Bloomberg | Bloomberg | Getty Images BEIJING — Electric carmakers in China are layering on more of the same artificial intelligence features as they try to survive a prolonged price war in the world’s largest…
Cheche Group Inc. (NASDAQ:CCG) announced an expansion of its partnership with NIO Inc. (NYSE:NIO) to improve insurance services for NIO’s growing fleet of electric vehicles. The deal focuses on streamlining policy issuance, risk control and claims handling as the automaker scales its multi-brand portfolio. NIO delivered 31,305 vehicles in August, a 55.2% increase from a…
Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage giant rose nearly 6% after activist investor Elliott Management took a $4 billion stake in the company, touting a “rare” and “historic” opportunity for a turnaround at the iconic soft drink and snack company. The investment by Elliott,…
We recently published 10 Stocks with Surprising Gains. NIO Inc. (NYSE:NIO) is one of Tuesday’s top performers. NIO Inc. rallied for a second day on Tuesday, jumping 10.84 percent to close at $5.01 apiece as investors cheered the upcoming launch of a new vehicle next week. On July 31, NIO Inc. (NYSE:NIO) is slated to unveil…
Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car startup Xpeng is keeping up the sales momentum against its rivals, even as BYD expands on its market dominance amid a fierce price war…