Geely's EV brand Zeekr sells out of deliverable cars for this year [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
Article content Geely, the owner of Volvo Cars, in April launched Zeekr to target growing Chinese demand for premium EVs that has boosted sales for Tesla Inc and Chinese peer Nio Inc. The Always Pan company just launched a beautiful set of knives and they're on sale Parent Zhejiang Geely Holding Group and Geely Automobile jointly invested 2 billion yuan ($306 million) in the Zeekr venture. Executives said that Zeekr would use a direct sales model to manage pricing and inventory. The brand plans to open more than 100 stores this year. Geely is making Zeekr 001 cars in China's eastern city of Ningbo. (Reporting by Yilei Sun and Tony Munroe, editing by Louise Heavens) Advertisement Article content Share this article in your social network Advertisement Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. This Week in Flyers
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NIO
News
- NIO: In Search Of A Bottom [Seeking Alpha]Seeking Alpha
- Xiaomi's Success Means More Trouble for Battered China EV Stocks [BNN Bloomberg (Canada)]BNN Bloomberg
- Nio Inc - (NYSE: NIO) had its "neutral" rating re-affirmed by analysts at Macquarie. They now have a $5.00 price target on the stock.MarketBeat
- NIO Inc. Files Its 2023 Annual Report on Form 20-F [Yahoo! Finance]Yahoo! Finance
- NIO Inc. Files Its 2023 Annual Report on Form 20-FGlobeNewswire
NIO
Earnings
- 3/5/24 - Beat
NIO
Sec Filings
- 4/9/24 - Form 6-K
- 4/9/24 - Form 20-F
- 4/4/24 - Form SC
- NIO's page on the SEC website