$NIO Inc (NIO.US)$ Citi analyst Jeff Chung raised its price target on the electric vehicle maker Nio to USD8.90 from USD7, while maintaining a Buy rating on the stock. The firm sees a potential near-term catalyst for the shares from Onvo's order intake during the Golden Week holiday, with the promotion running until Oct 8. If Onvo's performance meets expectations, it could strengthen investor confidence in Nio's second sub-brand named Firef...
TeslaSmurf
:
NIO just rose 400 million of new capital by DILUTING it’s shares value. I don’t buy it That said, given the technicals and the favourable moment for the Chinese stock, $NIO should go to about 9$
$BYD COMPANY (01211.HK)$$Tesla (TSLA.US)$$NIO Inc (NIO.US)$$XPeng (XPEV.US)$ 1) CarNewsChina.com BYD has filed a recall of nearly 100,000 vehicles due to a manufacturing fault. According to China’s State Administration for Market Regulation (SAMR), the automaker will recall 96,714 Dolphin and Yuan Plus vehicles in China starting September 30th, 2024 due to fire risks. 2) 24/7 Wall St Insight: Chinese automaker BYD just is...
$Li Auto (LI.US)$ Citi analyst Jeff Chung raised L Auto's price target on the stock on higher delivery estimates after a "sector sales beat" over the last two months. This year, the analyst expects the Beijing based NEV maker to deliver 520,000 units while for 2025 and 2026 the estimates were increased to 620,000 and 690,000 units, respectively. "After Jul/Aug24 EV sector sales beat, we expect strong EV sector sales tai...
The recent investment by strategic investors in Nio China ($470B for 3.8%) does not dilute$NIO-SW (09866.HK)$shareholders' ownership in the listed company. But it does slightly dilute their indirect ownership in Nio China, which contains all the assets and businesses of the company on the mainland. The agreement, however, allows NIO to subscribe to RMB 20B ($2.8B) in additional Nio China shares at the same price by December 2025, which will more than restore its ownership in the China busin...
The big news on$NIO-SW (09866.HK)$today is the RMB 3bn ($470m) investment by strategic investors (including Anhui govt affiliated firms) for a 3.8% stake (post dilution) in Nio China. Timing coincides with planned ramp-up of ONVO production to meet strong demand for the company's low-priced EV. Eases funding pressure on the company. Nio China holds all of NIO's business and assets in China, including vehicle R&D, supply chain, sales & service, and NIO Power. Post-deal, NIO will have an ...
$EHang (EH.US)$$XPeng (XPEV.US)$ The EH216-S autonomous eVTOL took to the sky for the first time in Quadra, Sao Paolo, Brazil. It was only a trial flight, but one that's intended to open the door for autonomous eVTOL flights across Brazil. Aviation authorities and media representatives attended the special event that marked the beginning of EHang operations in the country. The pioneering flight came after EHang was granted authorization (...
$XPeng (XPEV.US)$ Xpeng Aeroht, the flying car subsidiary of Xpeng, said it has secured 150 new pre-orders worth nearly RMB 300 million (USD42.8 million) for its modular flying car. The eVTOL (Electric Vertical Takeoff and Landing) maker entered into strategic partnerships with Gaozhi Aviation and Aocheng Aviation -- two companies based in Hangzhou, Zhejiang province -- and signed pre-order contracts for 150 modular flying cars, accor...
bullrider_21
OP
:
Nio's stock had already run up 61.4% in Sep. With Monday's rally, would be on track for the biggest monthly gain since the record 94% gain in Jun 2020.
BYD SEP4 Forum
BYD Company Limited - HKEX
Disclaimer
Citi analyst Jeff Chung raised its price target on the electric vehicle maker Nio to USD8.90 from USD7, while maintaining a Buy rating on the stock.
The firm sees a potential near-term catalyst for the shares from Onvo's order intake during the Golden Week holiday, with the promotion running until Oct 8.
If Onvo's performance meets expectations, it could strengthen investor confidence in Nio's second sub-brand named Firef...
1) CarNewsChina.com
BYD has filed a recall of nearly 100,000 vehicles due to a manufacturing fault. According to China’s State Administration for Market Regulation (SAMR), the automaker will recall 96,714 Dolphin and Yuan Plus vehicles in China starting September 30th, 2024 due to fire risks.
2) 24/7 Wall St Insight:
Chinese automaker BYD just is...
Citi analyst Jeff Chung raised L Auto's price target on the stock on higher delivery estimates after a "sector sales beat" over the last two months.
This year, the analyst expects the Beijing based NEV maker to deliver 520,000 units while for 2025 and 2026 the estimates were increased to 620,000 and 690,000 units, respectively.
"After Jul/Aug24 EV sector sales beat, we expect strong EV sector sales tai...
The agreement, however, allows NIO to subscribe to RMB 20B ($2.8B) in additional Nio China shares at the same price by December 2025, which will more than restore its ownership in the China busin...
Timing coincides with planned ramp-up of ONVO production to meet strong demand for the company's low-priced EV. Eases funding pressure on the company.
Nio China holds all of NIO's business and assets in China, including vehicle R&D, supply chain, sales & service, and NIO Power.
Post-deal, NIO will have an ...
The EH216-S autonomous eVTOL took to the sky for the first time in Quadra, Sao Paolo, Brazil. It was only a trial flight, but one that's intended to open the door for autonomous eVTOL flights across Brazil. Aviation authorities and media representatives attended the special event that marked the beginning of EHang operations in the country.
The pioneering flight came after EHang was granted authorization (...
Xpeng Aeroht, the flying car subsidiary of Xpeng, said it has secured 150 new pre-orders worth nearly RMB 300 million (USD42.8 million) for its modular flying car.
The eVTOL (Electric Vertical Takeoff and Landing) maker entered into strategic partnerships with Gaozhi Aviation and Aocheng Aviation -- two companies based in Hangzhou, Zhejiang province -- and signed pre-order contracts for 150 modular flying cars, accor...
Since Nio formed a double bottom pattern, it seems that it will more than double. Its TA is looking great.
It may rise to around 8.00 in Fig. 1. Next resistance is the 100-week MA around 9.0 in Fig. 2. Like I said before, Nio has a lot of potential after falling so much.
$Tesla (TSLA.US)$ $XPeng (XPEV.US)$ $BYD COMPANY (01211.HK)$ $BYD Company ADR (BYDDY.US)$ $Li Auto (LI.US)$
No comment yet