BYD’s popular Sealion model. Sales of Chinese-branded vehicles in South-east Asia’s four main markets, including Indonesia, Malaysia, Thailand and the Philippines, rose by over 58% to 67,558 units in the first quarter of 2025 compared with 43,646 units in the same period last year, as the country’s automakers continued to step up their global expansion… Continue reading Chinese sales in SE Asia’s Top 4 markets rise 58% in Q1
Author: Yarhow_Finance Online News
NIO’s Net Loss Widens Amid Highly Competitive Chinese EV Market
The Chinese automaker’s results were dragged by higher operating expenses and intensifying competition in the world’s largest electric-vehicle market. Go to Source
Nio posts wider-than-expected Q1 loss, revenue miss; shares slip
Investing.com — Nio (NYSE:NIO) shares slipped nearly 2% in premarket trading Tuesday after the Chinese electric vehicle (EV) manufacturer reported a first-quarter loss of RMB3.01 per share, wider than the loss of RMB2.51 per share that analysts expected. Revenue for the period came in at RMB12.03 billion, up 21.5% year-over-year, but short of the RMB12.51… Continue reading Nio posts wider-than-expected Q1 loss, revenue miss; shares slip
NIO Inc. Reports Unaudited First Quarter 2025 Financial Results
Key Financial Results for the First Quarter of 2025(in RMB million, except for percentage) 2025 Q1 2024 Q4 2024 Q1 % Changeiii QoQ YoY Vehicle Sales 9,939.3 17,475.6 8,381.3 -43.1% 18.6% Vehicle Margin 10.2% 13.1% 9.2% -290bp 100bp Total Revenues 12,034.7 19,703.4 9,908.6 -38.9% 21.5% Gross Profit 919.6 2,308.9 487.7 -60.2% 88.5% Gross Margin 7.6%… Continue reading NIO Inc. Reports Unaudited First Quarter 2025 Financial Results
The Zacks Analyst Blog Highlights Tesla, Alphabet and BYD
Chicago, IL – June 3, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Tesla TSLA, Alphabet GOOGL and BYD Co Ltd. BYDDY. Robotaxis —… Continue reading The Zacks Analyst Blog Highlights Tesla, Alphabet and BYD
Dana Incorporated to Participate in the UBS Auto and Auto Tech Conference
MAUMEE, Ohio, June 2, 2025 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today it will participate in the UBS Auto and Auto Tech Conference on June 4. Beginning at 11:20 a.m. EDT, Dana’s Chairman and Chief Executive Officer R. Bruce McDonald and Senior Vice President and Chief Financial Officer Timothy Kraus will host a fireside… Continue reading Dana Incorporated to Participate in the UBS Auto and Auto Tech Conference
NIO’s May Deliveries Rise 13% Y/Y But Is That Good Enough?
Chinese electric vehicle (EV) maker NIO Inc. NIO delivered 23,231 vehicles in May, up 13.1% year over year. But the numbers tell a more mixed story on closer look. Deliveries were actually down from April’s 23,900 units, and the May growth rate lagged April’s 53% jump. The company now operates three EV brands: NIO, ONVO,… Continue reading NIO’s May Deliveries Rise 13% Y/Y But Is That Good Enough?
Nio Plans 2026 Launch for Flagship ES9 SUV
Nio (NIO, Financials) will launch its new flagship SUV, the ES9, in the first half of 2026, according to President Qin Lihong. This marks the electric vehicle maker’s first public confirmation of the model. The ES9 is expected to build on the ET9 sedans platform and feature Nios latest technology, including dual Shenji NX 9031… Continue reading Nio Plans 2026 Launch for Flagship ES9 SUV
Tesla Robotaxi Nearing Launch: Buy, Hold or Sell the Stock Now?
Robotaxis — once a sci-fi fantasy — are now becoming a reality. And Tesla TSLA, the world’s most valuable EV company, is finally stepping into the arena. The company is preparing to launch its first robotaxi service in Austin, TX, with a tentative start date of June 12. Using its in-house app, Tesla will allow… Continue reading Tesla Robotaxi Nearing Launch: Buy, Hold or Sell the Stock Now?
BYD Shares Sink as Carmaker Faces Backlash Over EV Price War
(Bloomberg) — BYD Co. shares fell, bringing losses over the past week to more than 17%, on concern that its price cuts are drawing government scrutiny and becoming unsustainable for the Chinese EV industry. Most Read from Bloomberg In a commentary on Sunday, the People’s Daily — the mouthpiece of China’s Communist Party — criticized… Continue reading BYD Shares Sink as Carmaker Faces Backlash Over EV Price War