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Shanghai-based Nio will cut 10% of staff positions in November, according to an internal letter signed by founder and Chief Executive Officer William Li seen Friday by Bloomberg News.
A rally in the price of Nio Inc.’s convertible bonds isn’t enough to allay concerns over the Chinese electric vehicle maker’s financial health, analysts say. Nio’s 3.875% US dollar notes ...
U.S.-listed Chinese EV startups Nio Inc. NIO, Li Auto Inc. LI, and XPeng Inc. XPEV reported February delivery numbers well over the corresponding month of 2024 on Saturday. Xpeng witnessed a ...
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