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Express News | The trademark battle between Audi and Nio has extended to australia. The Intellectual Property Office of australia determined that Nio won the case.
U.S. stocks anomaly | NIO pre-market rose more than 1%, institutions bullish on Lada's support for its fourth-quarter sales growth
Gelonghui, December 4 | NIO (NIO.US) closed up 5.45% yesterday and continued to rise 1.72% in pre-market trading today, reported at $4.72. Guolian pointed out that looking ahead to the fourth quarter, the company guided fourth quarter sales to be 0.072-0.075 million and indicated that the production of the company's Ladao brand could ramp up to 0.01 million in December. Currently, there are ample orders on hand, and the firm expects that capacity can be fully converted into sales. Therefore, NIO brand sales may be relatively weak in the fourth quarter, while the Ladao brand will become the main driver of sales growth. In terms of revenue, the company guided fourth quarter revenue to be approximately 19.676-20.383 billion yuan.
Express News | Passenger Vehicle Association: Preliminary statistics show that the retail sales of passenger vehicles in November reached 2.446 million units, an 18% year-on-year increase.
According to reports, China reiterated its opposition to Canada's tariff increase on Chinese electric vehicles at the WTO conference.
According to sources cited by "First Financial", china opposed the new tariffs imposed by Canada on certain commodities from china during the WTO Goods Trade Council meeting held in the past two days (December 2 to 3). china stated that Canada increased tariffs on some imported goods from china in October, including a 100% additional tax on electric vehicles made in china and a 25% additional tax on aluminum and steel. The chinese side believes that Canada's actions violate Canada's commitments to the WTO and go against the principles of a market economy and fair competition. The chinese side also expressed strong opposition to Canada's unilateralism and trade protectionism.
Lin Shih-shiong: At the end of October, 144 models of domestically produced electric vehicles were approved by the Transport Department, hoping to submit proposed amendments to the regulations on communication equipment for driving within this year.
The Secretary for Transport and Logistics, Lam Sai-wing, responded to a member's question by stating that the current Road Traffic (Vehicle Construction and Maintenance) Regulations (Cap. 374A) do not permit vehicles— not limited to electric vehicles— to display information unrelated to driving on the visual monitor in front of the driver's seat. In addition, if a driver uses a mobile phone or communication equipment to remotely control parking operations outside the car, it would violate the regulations under the Road Traffic (Traffic Control) Regulations (Cap. 374G) regarding the prohibition of holding a mobile phone or communication equipment while driving. The government is actively following up on the amendment of the legislation and plans to submit relevant proposals for amendments to the Legislative Council within this year, ensuring that...
NIO (09866) afternoon gains expanded to nearly 6%, with multiple institutions bullish about the support for its fourth quarter sales growth.
Jinwu Financial News | NIO (09866) expanded its gains in the afternoon, rising 5.77% as of the time of publication, at HKD 37.55, with a transaction volume of 0.138 billion HKD. CICC stated that against the backdrop of global electrification progress and tightening trade policies, there is a bullish outlook on Chinese leading independent electric vehicle manufacturers with relatively complete overseas localized production capacity. With mature electric products, continuous technological innovation, and a well-established distribution network, they are gradually opening up growth space for overseas sales. Guolian Securities previously pointed out that looking ahead to the fourth quarter, the company guided fourth-quarter sales of 0.072-0.075 million and indicated that the Leta brand's output can ramp up to 0.01 million in December.
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