NIO Inc (NIO) Price

GM Software Revenue Hits $2B as Super Cruise Adoption Doubles

General Motors is converting its vehicle fleet into a recurring revenue engine, generating nearly $2 billion year-to-date from software services as its Super Cruise subscriber base doubles year-over-year.

Tesla Stock Hits All-Time High Despite Weak Q4 Sales Forecast

Tesla's stock hit a new all-time high despite Wall Street forecasts for Q4 deliveries to fall to around 450,000 vehicles, down from 500,000 in Q3.

BYD Export Surge Pressures Global EV Rivals

BYD's record-breaking electric vehicle exports are intensifying global competition, creating significant headwinds for rivals including Nio, Xpeng, and even established European brands. This occurs as the North American EV market contracts while Chinese brands gain historic market share in Europe.

Canadian Buyers Pivot To Value In Used Cars

Economic pressures are causing Canadian consumers to favor affordable used vehicles over luxury models. This trend coincides with a notable increase in the market share of used electric and hybrid vehicles, signaling a dual shift in purchasing criteria towards both cost-efficiency and alternative energy.

NIO Stock Slides Despite Earnings Beat

NIO Inc. reported a third-quarter loss that was narrower than analyst expectations, but its stock fell 4.4% as investors reacted to weak fourth-quarter delivery and revenue guidance, signaling concerns about near-term growth amidst fierce competition.

NIO Reports 16.7% Q3 Revenue Growth, Issues Record Guidance for Q4 Deliveries and Revenue

China Completes First Large-Capacity All-Solid-State Battery Line, Targeting 1,000km EV Range