Tuesday, January 07, 2020 7:18:34 PM
In fact, they helped NIO when it was a start-up. Then the government let it go on its own. That's a wise thing to do. At this point, NIO must swim or sink on its own.
I just read yesterday of a new electric car startup in China. They already had $400M lined up. Don't remember the name but that doesn't matter either.
Speaking of knowing squat ..................
The facts are that there are already many electric vehicle manufacturers in China. In fact, the largest electric vehicle manufacturer in the world is there and it's a Chinese company: BYD Auto Co., Ltd.
Products:
Automobiles
Buses
Electric bicycle
Truck
Forklift
Rechargeable batteries
In 2019, BYD launched its global design center, which is led by a team of industry veterans from Audi, Ferrari, and Mercedes-Benz. Leading the team is Wolfgang Egger. The carmaker unveiled its E-SEED GT, the first joint effort from the new design team, at the Auto Shanghai industry show in April 2019. The futuristic design concept reflects the sleek lines of the Chinese dragon, and the company plans to feature more Chinese cultural symbols in future models.
https://en.wikipedia.org/wiki/BYD_Auto
Recent NIO News
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/05/2024 01:16:57 PM
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- U.S. Index Futures Steady Amid Labor Data Anticipation; Oil Prices Rise • IH Market News • 09/05/2024 10:13:05 AM
- NIO Inc. Reports Unaudited Second Quarter 2024 Financial Results • GlobeNewswire Inc. • 09/05/2024 09:30:44 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 09/03/2024 10:06:04 AM
- NIO Inc. Provides August 2024 Delivery Update • GlobeNewswire Inc. • 09/01/2024 09:30:07 AM
- NIO Inc. to Report Unaudited Second Quarter 2024 Financial Results on Thursday, September 5, 2024 • GlobeNewswire Inc. • 08/22/2024 09:30:19 AM
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- NIO Inc. Provides July 2024 Delivery Update • GlobeNewswire Inc. • 08/01/2024 09:30:11 AM
- Form S-8 - Securities to be offered to employees in employee benefit plans • Edgar (US Regulatory) • 07/09/2024 10:24:34 AM
- NIO Inc. Announces Management Change • GlobeNewswire Inc. • 07/05/2024 09:30:10 AM
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- Cheche Group Announces Partnership with NIO Insurance Broker • PR Newswire (US) • 06/20/2024 11:30:00 AM
- GME Volatile as Roaring Kitty Goes Live Today, Meta Unveils AI for WhatsApp Ads, and More • IH Market News • 06/07/2024 12:09:15 PM
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- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/24/2024 10:14:54 AM
- NIO to Hold Annual General Meeting on June 25, 2024 • GlobeNewswire Inc. • 05/24/2024 09:30:44 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/22/2024 10:06:28 AM
- NIO Inc. to Report Unaudited First Quarter 2024 Financial Results on Thursday, June 6, 2024 • GlobeNewswire Inc. • 05/22/2024 09:30:11 AM
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