Nio's Shares in US, Singapore and Hong Kong Markets Fell Over 4% After Launching Smartphone for Use With Company EVs

StreetInsider2023-09-22

Chinese electric automaker, Nio Inc. (NYSE: NIO) launched their high-end smartphone Thursday, highlighting the advanced state of EV technologies in the world's biggest auto market.The new phone is ...

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Comments

  • Angelinvest
    2023-09-22
    Angelinvest
    The fate of Huawei may make it challenging for Nio phone to expand beyond China...
  • Merdeka1981
    2023-09-22
    Merdeka1981
    And the stock price keeps dropping ...
  • Teomylinh
    2023-09-22
    Teomylinh
    I think develop a App is better then develop a smartphone. Lower cost. 
  • Limpc88
    2023-09-22
    Limpc88
    How will such innovation worry investors?
    • Limpc88: 
      Thanks. Make sense. Good work at wrong timing does help to sink
    • KJ11: 
      it's just the software, any smartphone can be enabled to do the same exact thing.

      When u want to eat fish, u don't go build a whole fish farm just for it 😂😂😂

      All the setup and infrastructure costs are massive, especially when the company is already currently bleeding lots of money.

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