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Auto Supplier ZF Group Signs Deal with Nio By Investing.com

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© Reuters By Michael Elkins October 11th, German auto parts supplier, ZF Group signed a strategic cooperation agreement with electric vehicle maker, Nio Inc (NYSE:) to cooperate on steering-by-wire products and other fields. Under the agreement, the two companies will establish an instant information sharing mechanism to step up communication and conduct regular technical exchanges, …

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BoA Bullish on Nio Inc. After Meeting with Management By Investing.com

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© Reuters By Michael Elkins Shares of Nio Inc. (NYSE:) are down almost 2% in premarket trading Monday after the company held management talks with Bank of America Securities analysts. Bank of America hosted NIO’s management post 2Q , where the company saw a gross profit margin trough in 2Q22 and expects margin to gradually …

BoA Bullish on Nio Inc. After Meeting with Management By Investing.com Read More »

NIO Stock Falls 5% After Earnings, Analyst Says ‘Prudent’ Guidance a Reflection of Supply Chain Issues By Investing.com

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© Reuters By Senad Karaahmetovic Shares of Nio (NYSE:) are down over 5.5% in premarket Wednesday after the electric vehicle (EV) maker reported mixed Q2 results and downbeat guidance. a Q2 adjusted loss per American depositary receipts of 1.34 yuan, a wider loss than the projected 1.21 yuan. Revenue came in at 10.29 billion yuan, …

NIO Stock Falls 5% After Earnings, Analyst Says ‘Prudent’ Guidance a Reflection of Supply Chain Issues By Investing.com Read More »

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