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$NIO Inc (NIO.US)$
Italian powertrain maker Mavel gets investment from Nio Capital, to be supplier of Nio's next-gen models.
Mavel is committed to providing customers with electric drive products that deliver higher performance, lower cost, and superior system-level benefits, according to the Nio Capital press release.
The company's technology is recognized by a number of world-renowned automotive companies, with key customers including Aston Martin, McLaren, Ducati, Energica, Norton and Nio, acc...
Italian powertrain maker Mavel gets investment from Nio Capital, to be supplier of Nio's next-gen models.
Mavel is committed to providing customers with electric drive products that deliver higher performance, lower cost, and superior system-level benefits, according to the Nio Capital press release.
The company's technology is recognized by a number of world-renowned automotive companies, with key customers including Aston Martin, McLaren, Ducati, Energica, Norton and Nio, acc...
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[Rewards] NIO Q1 margins contracted sharply, and new launches are around the corner
Claim your Earnings Season offer by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● Q1 total revenues were US$1,554.6 million, representing an increase of 7.7% YoY (year-on-year) and a decrease of 33.5% from the fourth quarter of 2022. The decrease in vehicle sales was mainly due to a lower average selling price as a result of the higher proportion o...
Claim your Earnings Season offer by winning Rewards Points and discovering Investment Opportunities!
KEY Figures:
● Q1 total revenues were US$1,554.6 million, representing an increase of 7.7% YoY (year-on-year) and a decrease of 33.5% from the fourth quarter of 2022. The decrease in vehicle sales was mainly due to a lower average selling price as a result of the higher proportion o...
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