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Nio Inc (NYSE: NIO) reported a wider-than-expected second quarter loss amid its transition to an updated EV platform and worsening China economy. But EV startup is expecting the remaining half of the year to be better as it continues its efforts challenge the EV king Tesla Inc (NASDAQ: TSLA) and China’s best-selling EV brand BYD Company Limited (OTC: BYDDY) as well as its EV startup peers, XPeng Inc (NYSE: XPEV) and Li Auto Inc (NASDAQ: LI). Nio’s Second Quarter Highlights For the quarter ended
Nio Inc (NYSE: NIO) reported a wider-than-expected second quarter loss amid its transition to an updated EV platform and worsening China economy.
While Tesla Inc (NASDAQ: TSLA) gets ready to defend itself for the first time at September’s trial against allegations that its Autopilot driver assistant failure caused death, its Chinese rival BYD Company Limited (OTC: BYDDY) reported today record deliveries, retaining its crown as China’s best-selling EV brand. BYD also revealed its electronics unit bought the mobility business of a US firm Jabil Inc (NYSE: JBL). The Hong Kong-listed stock of BYD closed 0.7% up. Also today, Chinese EV startup
La aplicación de movilidad lanzó una campaña para nuevos socios conductores, que se extiende hasta el 18 de septiembre.