The Latest Breaking News from NIO

Priced from RMB 328,000 ($46,100) before subsidies, the NIO ET5 is the brand's most affordable model and a direct rival for Tesla's Model 3 in China and Europe.

NIO reports that its overall electric vehicle delivers in September amounted to 10,878, which is just over 2% more than a year ago.

NIO's first battery swap station for electric cars in Germany has been officially deployed, ahead of the market launch of the NIO ET7 model later this year.

Key Takeaways: Nio Inc. will pay $7.7 million for 12% of Australian miner Greenwing Resources, which holds the rights for the San Jorge Lithium Project in Argentina Nio is the latest electric vehicle maker to purchase lithium assets, following similar moves by domestic rival BYD and global names like Tesla…

BYD sales nearly tripled in Q3. Nio China EV sales hit a record and Li Auto beat target, both fueled by new models.

Apple is curbing iPhone production. The 10-year yield hit 4%, until the Bank of England stepped in. A Biogen Alzheimer's drug shows promise.

Hong Kong shares opened lower on Wednesday, with the benchmark Hang Seng slipping 2.5%, taking cues from the S&P 500 which fell deeper into the bear territory after hitting a near two-year low. The Chinese yuan hit its lowest level since 2008 and was trading at 7.2296 against the dollar…

Tesla China new vehicle registrations increased last week amid concerns around waning demand and a weak economy. Tesla has started offering price cuts.

Hong Kong stocks opened mixed on Tuesday, with the benchmark Hang Seng Index edging 0.05% lower and investors searching for cues, as global markets continued to bleed in the aftermath of the U.S. Federal Reserve’s aggressive rate hike and projections.