Shares of Nio (NYSE:NIO) stock are in the spotlight after the company announced that it had added CYVN Holdings Chief Investment Officer (CIO) Eddy Georges Skaf to its board of directors.
CYVN, an investment fund majority-owned by the Abu Dhabi government, will invest $2.2 billion in fresh capital in exchange for 294 million newly minted NIO class A shares at a price of $7.50 per ...
NIO’s Q2 earnings showed signs of disciplined cost management. Read why I remain bearish on the stock due to the company’s ...
NIO delivered 20,176 vehicles in August 2024 ... Agreement”) with Forseven Limited (“Forseven”), a subsidiary of CYVN Holdings L.L.C. Pursuant to the Technology License Agreement, the ...
Chinese electric car maker Nio said on Monday that Abu Dhabi-backed fund CYVN Holdings will invest a further $2.2bn in the loss-making company. Once the deal completes, CYVN will own a 20.1% stake ...
Nio announced changes to its board of directors, with two people appointed by CYVN Holdings joining and one person appointed by Tencent dropping out. Nio said it and CYVN, as well as their respective ...
How NIO’s Next 5 Years Could Play Out Wall Street analysts have NIO’s stock price over the next year to be $6.94 which gives the stock a 31.94% upside over today’s price of $5.26. Of the 26 ...
On Thursday, NIO officially launched its new Tesla Model Y rival, the Onvo L60. Starting at just $21,200 (149,900 yuan), NIO’s new electric SUV hits the market with cheaper prices than expected.
Tesla Vs. NIO Vs. XPeng: Will Robotaxis — Or Price Wars — Win The EV Battle? Tesla, NIO and XPeng are battling for dominance in the EV landscape, what will be the tipping point for dominance?
Three months after opening up sales of its ES8 SUV in Europe, NIO has begun customer deliveries. The refreshed all-electric SUV, renamed the EL8 for the European market, is the sixth NIO model to ...
NIO, Inc. is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home ...
NIO is in a liquidity crunch with current liabilities higher than its cash balance, which could see it resort to a dilutive capital raise in the next 2 quarters. NIO’s 3-brand strategy could ...