China Extends EV Trade-In Subsidies Through 2026 to Boost Auto Sales
China confirms NEV trade-in subsidies for 2026, offering up to $2,850 per vehicle.
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#NIO↓
EV Headwinds: Nio and Xpeng Volumes Retreat Sequentially as Li Auto Delivery Crisis Persists
Li Auto reported its sixth consecutive delivery contraction. Nio's deliveries fell 10.20% MoM, and Xpeng's dropped 12.58% MoM.
NIO Shows Strong Progress as Deliveries Surge 40%
NIO delivers record 87K vehicles in Q3 2025, cuts losses 31% YoY. Margins improve to 3-year high. Q4 guidance is below estimates.
Nio Stock Plunges Following Lawsuit by Singapore's GIC Over Revenue Practices
EV maker Nio was sued by Singapore's GIC (a fund) over claims Nio inflated revenue via battery sales. Nio stock fell sharply.