China EVs

China’s Nio Inc (NYSE:NIO) is recalling 246,229 vehicles due to a software issue that poses safety risks, marking the largest recall by a domestic electric vehicle maker. • NIO stock is trending lower. What’s pulling NIO shares down? Details of the Recall The recall affects...

Lucid Motors (NASDAQ:LCID) is currently exploring options to break into the Chinese EV market, the largest in the world while confirming plans to introduce mass-market electric vehicle (EV) models, CNBC reported. However, it has not yet established a timeline for this expansion. The company...

 Nio, Inc. (NYSE: NIO) reported record monthly deliveries for November, belying the COVID-19 disruptions. The Shanghai-based electric vehicle startup reported November deliveries of 14,178 units, up 30% year-over-year. Compared to October, the increase was a steeper 41%. See Also: Best...