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Top News In Nio Ltd Today - Breaking & Trending Today

The EV Bubble Has Popped. There's No Denying the Numbers.

Tens of billions of dollars have all gone to money heaven, spent by EV startups that don't have profits on their near-term horizons. ....

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Nio to take over plant assets from manufacturing partner JAC, Auto News, ET Auto

In October, state-owned JAC put up for sale the assets at the two plants, known as F1 and F2, where Nio has been producing its electric vehicles (EVs). Nio said in an exchange filing on Tuesday that it would take some fixed assets and equipment at the two factories from JAC at a price of 3.16 billion yuan (USD 442.19 million). ....

Anhui Jianghuai , Automobile Group ,

Stellantis To Implement Swappable Ample Battery Modules In Shared EVs

In 2024, Stellantis will begin testing Ample s swappable battery modules in a Fiat 500e car sharing fleet in Madrid, Spain ....

San Francisco , United States , Edward Niedermeyer Tesla , Mitsubishi Fuso , Better Place , Edward Niedermeyer , Nissan Leafs , Madrid Spain , Fiat Ducato , Fiat Doblo , North America , Battery Swappping ,

China EV maker Nio to spin off its battery production unit

The nascent battery unit, led by senior manufacturing engineers whose previous employers include Apple and Panasonic, will seek external investors after the spin-off that could happen as early as the end of this year, with a valuation to be decided later, the people said. ....

United States , William Li , China Passenger Car Association , China Passenger Car , Changan Automobile , World News ,

Nio Reportedly Plans to Spin Off Its Battery Unit. Why It's Good for the Stock.

The move would be part of the push to make the company profitable and reduce costs. ....

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