NIO stock was plunging on Thursday after Singapore’s sovereign-wealth fund filed a lawsuit alleging that the Chinese electric ...
BYD and NIO’s EV battery strategies reveal converging moats amid fierce competition. See here to know how this fuels their ...
Nio stock brushed aside fraud allegations made by Singapore’s GIC yesterday. Here’s how to play the stock now.
The country now has tens of millions of electric cars on its roads, and sales are rising at a rapid clip. Chinese insurers ...
Nio is being sued by Singapore’s GIC for allegedly inflating over $600 million in revenue through a hidden affiliate.
GIC’s suit contends that Weineng’s financial records show it bought batteries upfront from Nio, allowing Nio to immediately ...
Singapore’s sovereign wealth fund GIC has sued electric vehicle company Nio Inc for allegedly inflating its revenues.
Singapore’s sovereign wealth fund has sued Nio in a US court, accusing the Chinese electric vehicle maker and executives of ...
The global electric vehicle market is facing an unexpected reckoning. Once hailed as the future of transportation, battery-powered cars are now rapidly losing value, eroding the ...
Nio shares jumped 6.8 per cent to $6.73 as at 9.14am, after plunging 9.5 per cent the previous day. Read more at straitstimes ...
The lawsuit, filed in the Southern District of New York, names Nio, its CEO Li Bin, and its former CFO Feng Wei as defendants ...
Morningstar says the lawsuit’s allegations are not expected to have material impact on the company’s operations Read more at ...