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NIO CEO William Li tells CNBC's Lin Lin that he's upbeat about improving the company's gross margin and breaking even in fourth quarter this year despite tariffs and cut-throat competition. Trump ...
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.
NIO’s fourth-quarter net loss unexpectedly widened as higher costs outpaced sales growth after the carmaker launched two subbrands last year amid intensifying competition in China’s electric ...
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 ...