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Toyota speeds up electrified vehicle schedule as demand heats up

Toyota Motor Corp aims to have half of its global sales from electrified vehicles by 2025, five years ahead of schedule, and said it will tie up with Chinese battery makers to accommodate an accelerated shift to electric power......»»

Category: topSource: reutersJun 7th, 2019

Defying Brexit, Volvo car brand Polestar picks UK for new development hub

Swedish luxury electric carmaker Polestar, which is jointly owned by Volvo Cars and its Chinese parent Geely, is setting up an R&D center in Britain to develop future passenger cars, it said on Wednesday......»»

Category: topSource: reutersMay 8th, 2019

Nissan brand Infiniti aims to launch first electric car in three years, made in China

The first electric car for Nissan Motor Co's premium brand Infiniti will be a sporty sedan produced in China, the Japanese carmaker said in a statement viewed by Reuters ahead of a public announcement expected as soon as Wednesday......»»

Category: topSource: reutersApr 10th, 2019

BMW group and Great Wall Motors partner to make electric MINIs in China

BMW Group and the biggest Chinese SUV brand, Great Wall Motor, announced a partnership Tuesday to produce electric MINI vehicles in China as global automakers ramp up development under pressure from Beijing.         .....»»

Category: topSource: usatodayJul 10th, 2018

Volkswagen brand to accelerate margin hike for core brand

Volkswagen's core brand aims to raise its profit margin faster than previously planned despite rising investments in the development of electric vehicles, the carmaker said on Thursday......»»

Category: topSource: reutersDec 6th, 2018

Chinese EV carmaker NIO aims to raise $650 million with convertible bond

Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million convertible bond on Wednesday, four months after it listed in New York......»»

Category: topSource: reutersJan 30th, 2019

Chinese EV carmaker NIO aims to raise $650 million via convertible bond

Electric carmaker NIO Inc, among rivals to Tesla in China, launched a $650 million five-year convertible bond on Wednesday, aiming to use the proceeds to fund expansion......»»

Category: topSource: reutersJan 30th, 2019

Volvo Cars courts investors to raise cash for Polestar, CEO says

Volvo Cars is talking to Chinese investors as well as U.S. tech investors as the company seeks external finance for its Polestar performance electric car brand, the Swedish carmaker's CEO said on Thursday......»»

Category: topSource: reutersFeb 7th, 2019

IPO Preview: Honest Company, Chinese Lifestyle Brand Onion Global, Hydroponic iPower Lead Group

The week of May 3 has several IPOs on the docket spread across sectors like consumer products, fashion, banking, vaccines and hydroponics. Here is a look at this week’s top offerings and details investors should know. read more.....»»

Category: blogSource: benzingaMay 3rd, 2021

Nio CEO Says EV Brands Increasing Market Share By "Constantly Lowering Prices" Only Hurting Themselves — In Likely Dig At Tesla

Chinese electric vehicle maker Nio Inc.’s (NYSE: NIO) CEO William Li believes EV brands that gain market share by “constantly lowering” prices will only hurt their own brand image, cnEVpost reported Thursday. read more.....»»

Category: blogSource: benzingaApr 30th, 2021

Thinking About Buying Stock In Nio, Facebook, Futu Or Ocugen?

Nio Inc - ADR (NYSE: NIO) shares are trading higher by 1.75% at $41.80 Monday morning after CLSA analyst Soobin Park has initiated coverage of the Chinese electric carmaker with a Buy rating and 12-month price target of $50. read more.....»»

Category: blogSource: benzingaApr 26th, 2021

Autotrader: Why Tesla is a dud in Japan

Tesla is the dominant electric car brand in most global markets, but it's never caught on in the island nation......»»

Category: topSource: marketwatchFeb 22nd, 2021

China"s Alibaba launches "outlet" platform to shift luxury overstock

Chinese e-commerce giant Alibaba Group Holding Ltd has launched a new luxury platform targeting younger consumers that also aims to help high-end brands shed excess inventory built up during the global coronavirus lockdown......»»

Category: topSource: reutersMay 6th, 2020

Tesla overtakes Volkswagen as world"s second most valuable carmaker

Tesla Inc has overtaken Germany's Volkswagen as the world's second most valuable carmaker behind Japan's Toyota , as the meteoric rise in the U.S. electric vehicle maker's shares reshuffles the global market......»»

Category: topSource: reutersJan 23rd, 2020

Why Chinese Electric Carmaker Nio Shares Are Soaring

Chinese electric vehicle maker Nio reported quarterly earnings Monday that were better than expected and offered a revenue forecast for the current quarter that leapfrogged the consensus estimate......»»

Category: blogSource: 247wallstDec 30th, 2019

VW"s electric bet in China brings global muscle to zero-emissions race

Volkswagen AG is ramping up production of electric cars to around 1 million vehicles by end of 2022, according to manufacturing plans seen by Reuters, enabling the German carmaker to leapfrog Tesla Inc and making China the key battleground......»»

Category: topSource: reutersOct 28th, 2019

Volvo shows an electric SUV and plans to drop cars running on just gas or diesel

The Chinese-owned carmaker from Sweden wants to add "sustainability" to its reputation for safety The Chinese-owned carmaker from Sweden wants to add "sustainability" to its reputation for safety.....»»

Category: topSource: latimesOct 16th, 2019

Nio To Eliminate 21% Of Global Workforce As Q2 Loss Widens, August Deliveries Miss Mark

Chinese electric vehicle maker Nio Inc – ADR (NYSE: NIO) reported bett.....»»

Category: earningsSource: benzingaSep 24th, 2019

Nio To Eliminate 21% Of Global Workforce As Q2 Loss Widens, August Deliveries Miss Mark

Chinese electric vehicle maker Nio Inc – ADR (NYSE: NIO) reported better-than-expected second-quarter revenue Tuesday, although the company's loss exceeded estimates. read more.....»»

Category: blogSource: benzingaSep 24th, 2019

Chinese Electric Carmaker Nio Announces $200M Debt Offering

Nio Inc – ADR (NYSE: NIO) shares, which have been broadly lower since forming a double top in late July, were seeing some upward momentum since Wednesday. read more.....»»

Category: blogSource: benzingaSep 5th, 2019