Category: Suppliers

NIO Inc. (NIO) Falls More Steeply Than Broader Market: What Investors Need to Know

NIO Inc. (NIO) closed the most recent trading day at $6.08, moving -1.3% from the previous trading session. This move lagged the S&P 500’s daily loss of 0.92%. Elsewhere, the Dow saw a downswing of 1.18%, while the tech-heavy Nasdaq depreciated by 0.84%. Prior to today’s trading, shares of the company had lost 8.74% lagged… Continue reading NIO Inc. (NIO) Falls More Steeply Than Broader Market: What Investors Need to Know

Xiaomi’s EV Arm Makes a Profit for the First Time

(Bloomberg) — Xiaomi Corp. reported quarterly profit from its electric vehicle business for the first time, a major milestone for the smartphone maker’s ambitious foray into the crowded market. Most Read from Bloomberg The company’s EV division, which sold its first car last year, posted a profit of 700 million yuan ($98 million) in the… Continue reading Xiaomi’s EV Arm Makes a Profit for the First Time

BYD to expand European retail footprint as localisation plans advance

The company intends to manufacture all cars destined for the European market locally within three years. Credit: Felix Geringswald/Shutterstock.com. Chinese automaker BYD intends to double its European sales network by the end of next year as part of a wider regional expansion, Reuters reported, citing comments from a senior executive. Speaking at an event in… Continue reading BYD to expand European retail footprint as localisation plans advance

CoreWeave’s Worst-Ever Week Shows AI Traders Are Getting Picky

(Bloomberg) — Money is still pouring in from the race to build out artificial intelligence infrastructure, but traders are suddenly getting more selective about who the beneficiaries will be. On one end of the spectrum are companies like CoreWeave Inc., the money-losing provider of computing services that is swimming in debt. Its shares plunged 26%… Continue reading CoreWeave’s Worst-Ever Week Shows AI Traders Are Getting Picky

HyperStrong and CATL Sign a Ten-year Agreement, Deepening Strategic Partnership Including 200 GWh Procurement Over Three Years

BEIJING, Nov. 16, 2025 /PRNewswire/ — Beijing HyperStrong Technology Co., Ltd. (“HyperStrong” or “the Company”) and Contemporary Amperex Technology Co., Limited (“CATL”) have signed a Strategic Cooperation Agreement, marking a new milestone in their long-term partnership. According to the agreement, from January 1, 2026, to December 31, 2028, HyperStrong will procure no less than 200… Continue reading HyperStrong and CATL Sign a Ten-year Agreement, Deepening Strategic Partnership Including 200 GWh Procurement Over Three Years

Zacks Industry Outlook Highlights Magna International, QuantumScape, Luminar and Volkswagen

Chicago, IL – November 17, 2025 – Today, Zacks Equity Research discusses Magna International Inc. MGA, QuantumScape Corp. QS, Luminar Technologies, Inc. LAZR and Volkswagen VWAGY. Industry: Auto Equipment Link: https://www.zacks.com/commentary/2791053/3-original-auto-equipment-stocks-navigating-a-complex-market-landscape The Zacks Automotive – Original Equipment industry is likely to benefit from a broad range of product and service offerings as well as strategic… Continue reading Zacks Industry Outlook Highlights Magna International, QuantumScape, Luminar and Volkswagen

AI Startups Sakana, Turing Get Funds as Japan’s Attraction Grows

(Bloomberg) — Two of Japan’s most promising tech firms together secured more than ¥35 billion ($230 million) of financing this week, underscoring growing investor interest in the country’s burgeoning AI scene. Japanese self-driving tech startup Turing Inc. said Monday it raised about ¥15.3 billion from investors including Toyota Motor Corp. supplier Denso Corp. Separately, Sakana… Continue reading AI Startups Sakana, Turing Get Funds as Japan’s Attraction Grows