Vehicle Sales
Stellantis’ German BEV horror show
The Amsterdam-headquartered conglomerate joins Renault and Tesla in Teutonic turmoil
Corporate Strategy
Nio cuts prices to try to arrest negative sentiment
Chinese premium NEV maker reverses one downgrade, but analyst doubts remain
5 min read
China’s Nio has seen a rebound in its share price after it announced price cuts, following a slump that had dragged shares to their lowest in three years at the end of May. The firm’s New York-listed price jumped by almost 9pc on Monday to $8.40/share (see Fig.1).
Read next
Vehicle Sales
Stellantis’ German BEV horror show
The Amsterdam-headquartered conglomerate joins Renault and Tesla in Teutonic turmoil
Corporate Strategy
Mercedes ignores e-fuels in CO2-neutral goal
The legacy OEM is all-in on electrification
Chinese OEMs
Xpeng closing in on halfway to global footprint target
The China challenger aims to be in 60 markets worldwide by the end of next year
Corporate Strategy
Volkswagen may end up owning more than 20pc of Rivian
Equity commitments within software JV could add up to a substantial minority stake, while working relationships are only going to get closer