UP Fintech reports revenues of US$60.2 million for Q2,2021
UP Fintech reported revenues of US$60.2 million for the second quarter endedJune 30, 2021 compared t
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- Good direction for expansion.Nio Begins Shipping Flagship ES8 SUVs To Norway, Marking Key Step In Europe Expansion
Nio Begins Shipping Flagship ES8 SUVs To Norway, Marking Key Step In Europe Expansion
Nio Inc said on Thursday it has dispatched the first set of its flagship ES8 electric seven-seater s - I would think vision based algorithm is more reliable. Nio should go for that.Nio Supplier Say If Chinese Automakers Want To Overtake Tesla, LiDAR Is Key
Nio Supplier Say If Chinese Automakers Want To Overtake Tesla, LiDAR Is Key
NIO Inc. LiDAR supplier Innovusion believes radar-based technology is the key for Chinese car compan - EV market demand big enough for everyone. If fundamental of the company is good. And in the correct segment, it should have good growth.Tesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts
Tesla, Local Rivals Nio, Xpeng, Li Growing Together, Not Cutting Each Other's Market Share, Say Analysts
Tesla Inc and local electric vehicle rivals such asNio Inc are growing the electric vehicle segment together in China and not eating into each other's market share, Zhongtai Securities analysts said, asreported by cnEVpost.What Happened:Chinese electric vehicle makers such as Nio,Xpeng Inc,Li Auto Inc andBYD Co along with Teslareported robust delivery numbersin June.Tesla has stepped up the competition in Chinaafter introducinga lower-priced Model Y variant. The strategy has paid off as the Elon - Good return!Temasek Posts 25% Return, Most in 11 Years on Equities Rally
Temasek Posts 25% Return, Most in 11 Years on Equities Rally
(Bloomberg) -- Temasek Holdings Pte posted its biggest annual return since 2010 after the Singapore - Leading to more money release for the market.China cuts reserve requirement ratio for all banks
China cuts reserve requirement ratio for all banks
LONDON, July 9 (Reuters) - China has cut the reserve requirement ratio $(RRR)$ for all banks by 50 b - Good performance inspite on chip shortage.Nio Expected To Gross 5% More EV Deliveries In 2021 Than Previous Forecast, Says CICC
Nio Expected To Gross 5% More EV Deliveries In 2021 Than Previous Forecast, Says CICC
China International Capital Corporation Limited has updated its forecast for Nio Inc, saying it expects the Chinese electric vehicle maker to sell 98,000 cars in 2021, 5% more than its previous estimate, as per a cnEVpostreport.What Happened:The China-based investment bank estimates Nio’s production and sales to remain strong in the second half of the year.Nio delivered 21,896 units in the second quarter,near the upper end of the company's 21,000- to 22,000-unit delivery guidance, in line with - Would be good if they can sustain that pace of delivery. Keep it up!EV Stocks surged in Thursday morning trading
EV Stocks surged in Thursday morning trading
EV Stocks surged in Thursday morning trading on Due to vehicle delivery.Tesla,Nio,Xpeng Motors and L
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