China's EV and Solar Exports Are Powering Ahead as Prices Slide [Financial Post (Toronto, Ontario, Canada)]
NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO)
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am
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Source: Financial Post
Author of the article: You can save this article by registering for free here . Or sign-in if you have an account. (Bloomberg) — China's exports of batteries, electric cars and solar panels hit record highs last year, underlining its dominance of key green industries — and driving a global price slump that's adding to alarm in developed economies. Overseas sales of those three products — identified by Beijing as vital for future economic growth — surged above $150 billion last year, an increase of more than one-fifth, according to a new report from Australia's Griffith Asia Institute. While the dollar numbers are down in 2024, that's largely due to sliding prices rather than a drop in shipments, according to Bloomberg analysis of Chinese trade data. Article content Article content All these numbers show why China's factory capacity has quickly become the key faultline in a polarizing global economy. Beijing says its booming industries will help meet both domestic and over
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News
- Nio Inc - (NYSE: NIO) was upgraded by analysts at JPMorgan Chase & Co. from an "underweight" rating to a "neutral" rating. They now have a $5.40 price target on the stock, up previously from $4.80.MarketBeat
- Biden to Hike Tariffs on China EVs, Offer Solar Exclusions [Yahoo! Finance Canada]Yahoo! Finance Canada
- NIO Inc. (NIO) Stock Sinks As Market Gains: Here's Why [Yahoo! Finance]Yahoo! Finance
- Shares of Nio soar more than 20% as EV deliveries more than double in April [MSNBC.com]MSNBC.com
- NIO Inc. Provides April 2024 Delivery UpdateGlobeNewswire
NIO
Earnings
- 3/5/24 - Beat
NIO
Sec Filings
- 5/9/24 - Form 6-K
- 5/1/24 - Form 6-K
- 4/9/24 - Form 6-K
- NIO's page on the SEC website