The EV space turned in a mixed performance in the week ending March 11, with some second-rung EV manufacturers and charging stocks rebounding from their losses. Shares of Tesla, Inc. (NASDAQ: TSLA ), however, reversed course and ended the week in the red. The worst performers were the Chinese stocks, as investors fled from them amid fears of delisting in the U.S. Here are the key events that happened in the EV space during the week: Tesla Hikes Prices, Voted Best Luxury Brand: Grappling with rising material cost, which was exacerbated by the Ukraine war, Tesla was left with no option but to announce another round of price hikes for its more affordable Model 3 and Model Y vehicles, both in China and the U.S. Information available on Tesla''s website shows that the Model Y and Model 3 Long Range versions are now dearer by $1,000 each. The company also hiked the prices of some Model Y SUVs and Model 3 sedans sold in China. Data released by the China Passenger Car Association showed that Tesla weathered the market-wide softness in China better than others.

Chinese EV Startup NIO Ready For Listing In Hong Kong

04:02am, Saturday, 12'th Mar 2022 Benzinga
This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. NIO (NYSE: NIO ) has announced that on March 10, 2022, it will be putting its shares up for trading in Hong Kong. The Chinese startup is listed in New York and is making this move as regulatory risks for other Chinese companies continue to grow in China and the United States. However, unlike other Chinese companies that are listed in the U.S., Nio is… Read More>> About Green Car Stocks Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as … Full story available on Benzinga.com

Nio Stock Tumbled Today -- Is the Market Overreacting?

08:56pm, Friday, 11'th Mar 2022 The Motley Fool
Today''s sell-off makes some sense as several Chinese stocks receive SEC scrutiny.

Why Alibaba, Nio And Baidu Shares Are Falling | Benzinga

07:50pm, Friday, 11'th Mar 2022 Benzinga
Shares of multiple Chinese companies, including Alibaba Group Holding Ltd - ADR (NYSE:
The selling pressure in shares of EV maker NIO and those of peers seems unrelenting. Deutsche Bank analyst Edison Yu suggests delisting fears, and Russia are two reasons.
Nio, Inc. (NYSE: NIO ) stock has been on a downward spiral since it hit an all-time high of $66.99 in early January 2021. Taking advantage of the retreat, Norges bank accumulated shares of the Chinese EV startup in the fourth quarter of 2021. What Happened: Norges Bank held 13,749,756 shares of Nio at the end of December, with the holdings valued at $435.592 million, a 13F report filed by the bank earlier this week revealed. Norges Bank is the central bank of Norway. Apart from discharging its duties as a traditional central bank, it also manages the Government … Full story available on Benzinga.com
NEW YORK , March 11, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DIDI, VEON, NOK, NIO, and FAMI. … Full story available on Benzinga.com

Here’s why NIO shares fell 11% yesterday

12:06pm, Friday, 11'th Mar 2022 The Motley Fool UK
Dylan Hood takes a closer look at why NIO shares sank a further 11% yesterday. He also assesses whether now is the time to be buying the shares. The post Here’s why NIO shares fell 11% yesterday appeared first on The Motley Fool UK .
Hong Kong shares of dual-listed Chinese companies including Nio, JD.com and Alibaba plunged in Friday trade after fears of U.S.-delisting resurfaced.
Top executives from BYD Co (OTC: BYDDY ) and Nio Inc (NYSE: NIO ) were seen together at the latter’s facility at an unidentified location, reigniting rumors of a potential partnership between the two companies, CnEVpost reported on Thursday, citing a local automotive media company. What Happened: BYD chairman Wang Chuanfu and Nio founder and CEO William Li were spotted together at the NIO House , which the report claimed was located at Hefei. Nio has a manufacturing facility in … Full story available on Benzinga.com
Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory, on fears of increased scrutiny by American regulators and the escalating Russia-Ukraine war. Stock Movement (+/-) JD.com Inc . (NASDAQ: JD ) -16.5% Nio Inc . (NYSE: NIO ) -11.6% Xpeng Inc. (NYSE: XPEV ) -9.8% Alibaba Group Holding Limited (NYSE: BABA ) -7.5% Li Auto Inc. (NASDAQ: LI ) -5.9% Tencent Holdings Limited (OTC: TCEHY ) -5.7% Baidu Inc. (NASDAQ: BIDU ) -5.6% See Also: How To Buy Alibaba (BABA) Stock The Macro Factors: The Hang Seng Index opened … Full story available on Benzinga.com

Nio Stock Plunges: Should You Buy Now?

08:11pm, Thursday, 10'th Mar 2022 The Motley Fool
Before you decide, take a look at Nio''s challenges and growth plans.

Why Nio Stock Is Plunging Today

05:38pm, Thursday, 10'th Mar 2022 The Motley Fool
Nio might be facing stiffer competition than some expected.
Chinese automaker stocks Li Auto , Nio XPeng and Kandi Technologies <> fell sharply on Thursday after the high-level compromise talks between Ukraine and Russia failed. Read more.
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