Followers | 689 |
Posts | 143592 |
Boards Moderated | 35 |
Alias Born | 03/10/2004 |
![](https://investorshub.advfn.com/uicon/35728.png?cb=1539773763)
Monday, August 16, 2021 12:06:03 PM
By: TheStreet | August 16, 2021
• NIO drops after reports said one of its all-electric SUVs with its self-driving feature activated was involved in a fatal crash.
U.S.-listed shares of Nio (NIO) fell on Monday after a Chinese executive reportedly died in an accident while driving one of the Chinese electric-vehicle maker's model ES8 SUVs.
Shares of the Shanghai company at last check fell 5.8% to $38.66.
Lin Wenqin, founder of the brand-management firm Meiyihao, died last Thursday in an accident after activating the autopilot navigation system in his NIO SUV, according to news reports by several Chinese media outlets.
The NIO ES8 is equipped with several driver-assistance functions, including features enabled by Intel (INTC) division Mobileye, that enable some forms of autonomous driving, Barron's reported.
NIO’s driver-assistance functions are called NIO Pilot and employ cameras as the so-called eyes of the car.
In July, a NIO SUV, the model EC6, reportedly caught fire when it hit a stone pier in Shanghai, according to another Chinese media news report. The driver was killed.
NIO reported a narrower-than-expected second-quarter loss on a recovery in car-buyer demand, and said it’s working with semiconductor suppliers to mitigate the impact on production from a global chip shortage, Bloomberg reported last week.
Separately, U.S. authorities have opened a formal probe into electric-vehicle maker Tesla's (TSLA) autopilot system, after they identified 31 accidents connected to the use of the system over the past three and a half years.
The National Highway Traffic Safety Administration said it would look at the autopilot system in around 765,000 Tesla Model X and Model Y SUVs and Model S and Model 3 sedans made between 2014 and 2021.
Read Full Story »»»
![](http://studentaid.gov/universal-navigation/assets/us_flag_small.png)
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
• DiscoverGold
Recent NIO News
- NIO Inc. to Report Unaudited Second Quarter 2024 Financial Results on Thursday, September 5, 2024 • GlobeNewswire Inc. • 08/22/2024 09:30:19 AM
- Walmart Sells JD.com Stake, Microchip Suffers Cyberattack, Union Pacific Warns of Strike in Canada, and Latest News • IH Market News • 08/21/2024 12:12:11 PM
- 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
- NIO Inc. Provides June and Second Quarter 2024 Delivery Update • GlobeNewswire Inc. • 07/01/2024 09:30:03 AM
- 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
- US Index Futures Mixed; Oil Prices Rise • IH Market News • 06/06/2024 11:29:43 AM
- NIO Inc. Reports Unaudited First Quarter 2024 Financial Results • GlobeNewswire Inc. • 06/06/2024 10:10:50 AM
- Apollo Buys 49% of Intel’s Irish Plant for $11bn, BlackRock and Citadel to Create Texas Exchange, and More News • IH Market News • 06/05/2024 11:41:36 AM
- NIO Inc. Provides May 2024 Delivery Update • GlobeNewswire Inc. • 06/01/2024 09:30:59 AM
- 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
- Form 424B3 - Prospectus [Rule 424(b)(3)] • Edgar (US Regulatory) • 05/21/2024 08:28:12 PM
- Form F-3ASR - Automatic shelf registration statement of securities of well-known seasoned issuers • Edgar (US Regulatory) • 05/21/2024 08:02:10 PM
- Chubb Stock Soars 9% with Berkshire Acquisition, AST SpaceMobile jumps 37% on AT&T deal, and More News • IH Market News • 05/16/2024 11:27:07 AM
- Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16] • Edgar (US Regulatory) • 05/16/2024 10:07:01 AM
- Arm Sets 2025 Target for AI Chip Development, Amazon and Microsoft Commit Billions to French Investments, and More • IH Market News • 05/13/2024 11:16:03 AM
- Tesla’s April Sales Down 18% in China, Amazon’s Multi-Billion Dollar Cloud Expansion in Singapore, and More News • IH Market News • 05/07/2024 11:44:00 AM
- NIO Inc. Provides April 2024 Delivery Update • GlobeNewswire Inc. • 05/01/2024 09:30:24 AM
- Samsung Surpasses Apple in Q1 Smartphone Market; Salesforce in Talks to Acquire Informatica, and More News • IH Market News • 04/15/2024 11:06:48 AM
- NIO Inc. Files Its 2023 Annual Report on Form 20-F • GlobeNewswire Inc. • 04/09/2024 10:11:21 AM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM
Mawson Finland Provides Update on Exploration Activities at Rajapalot • MFL • Aug 21, 2024 9:06 AM
Avant Technologies to Implement Robust Cybersecurity Measures for AI-Driven Healthcare Solutions • AVAI • Aug 21, 2024 8:00 AM