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Stocks making the biggest moves in the premarket: Boeing, Nio, Check Point Software and more

Take a look at some of the biggest movers in the premarket: Boeing (BA) – Boeing defense workers will vote on a new proposed labor agreement on Wednesday, averting – for now – a strike that could have begun today. Separately, sources tell CNBC the Federal Aviation Administration has approved inspection protocol revisions that should […]

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Business

Chinese automaker Nio reports record EV sales in June as Covid wave fades, but it still lags XPeng and Li Auto

Nio’s ES7 sports utility vehicle adds another competitor to Tesla’s Model X and Model Y in China. Nio Chinese electric-vehicle maker Nio reported Friday that it delivered nearly 13,000 vehicles in June, up 60% from a year ago, as China’s auto industry continued to rebound after months of pandemic-related disruptions. Its total deliveries of 12,961 […]

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Business

Nio reports wider first-quarter loss as Covid shutdowns in China hamper deliveries

Nio’s et5 electric sedan is set to begin deliveries in Sept. 2022. Nio Chinese electric-vehicle maker Nio lost $281.2 million in the first quarter, wider than the $68.8 million it lost a year ago, as it scrambled to keep pace with intense demand amid China’s recent Covid-related shutdowns. Here are other key numbers from Nio’s […]

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Business

Stocks making the biggest moves midday: American Eagle Outfitters, Unilever, Nio and more

Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio Check out the companies making headlines in midday trading. Marathon Oil, Diamondback Energy — Energy stocks rose along with oil prices after an agreement from European Union leaders to ban most crude imports from Russia stoked inflation fears. […]

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UK

NIO Stock Forecast: Nio Inc surges after Norway market expansion report

NYSE:NIO gained 9.49% during Thursday’s trading session. Nio announces an expansion plan for its Norwegian market. Didi Global ends its tumultuous time on the New York Stock Exchange. NYSE:NIO ripped higher on Thursday alongside a broader market rally that saw all three major indices jump for the second straight day. Shares of NIO soared by […]

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UK

Nio Delivers 500th Vehicle In Norway A Year Into Launch – Benzinga

Nio, Inc.’s NIO sales momentum in Norway is picking up pace, going by a key milestone shared by the company. What Happened: Shanghai-based Nio has delivered its 500th vehicle in Norway, the CnEVPost reported, citing a post by the company on its Norwegian app. The vehicle, an ES8 Signature Edition, was reportedly handed over to […]

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Chinese EV maker Nio says it’s gradually resuming production after Covid halt

In February 2020, Nio got a lifeline of financing support led by the government of Hefei city, where the electric car start-up has established its China headquarters. Qilai Shen | Bloomberg | Getty Images BEIJING — Chinese electric car company Nio said Thursday it is gradually resuming production at a facility several hours’ drive west […]

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Chinese electric car company Nio hikes prices, suspends production

Nio said it has suspended production due to Covid-related restrictions in the last several weeks that halted production at suppliers’ factories. Long Wei | Visual China Group | Getty Images BEIJING — Chinese electric car company Nio said over the weekend it is raising prices and suspending production as the latest Covid wave added to […]

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UK

NIO : A Warm Reception for NIO in Norway | MarketScreener

With the crisp autumn weather and characteristic Norwegian hospitality, NIO had the distinct honor to make new friends this past October 2021. We opened our doors to the first European NIO House in Norway at Karl Johans Gate 33, Oslo’s center of commerce and culture. NIO House | Oslo has the largest user center in […]

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Business

Stocks making the biggest moves midday: Bed Bath & Beyond, Nio, Joby Aviation, Teva & more

A person enters a Bed Bath & Beyond store in the Tribeca neighborhood in New York City. Michael M. Santiago | Getty Images Check out the companies making headlines in midday trading Friday. Bed Bath & Beyond – Shares of the home goods retailer popped more than 2% after the company announced that three people […]