UlarSawa

UlarSawa | Joined since 2020-11-28

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2023-09-26 21:08 |

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2023-09-26 21:08 | Report Abuse

NIO responded in a statement Monday, saying it “would like to clarify that the company currently has no reportable capital raising activity, other than the recent convertible notes offering that was completed on September 25, 2023.”

The company revealed Monday the closing of its $1 billion convertible senior notes offering proposed last week.

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2023-09-26 21:02 | Report Abuse

Li Auto (NASDAQ: LI) sold 9,000 vehicles in the week of September 18 to September 24, placing it No. 1 among China's new car makers, the company said today on Weibo.

As before, Li Auto didn't explain the basis for calculating the weekly sales, but apparently they were insurance registrations. The company suspended sharing this data in May, but has since resumed sharing.

Nio (NYSE: NIO) was at 4,000, Xpeng (NYSE: XPEV) at 3,600 and Tesla (NASDAQ: TSLA) at 13,500 last week.

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From September 1 to September 24, Nio was at 13,900 units, Xpeng at 10,400 units and Li Auto at 29,200 units.

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2023-09-26 20:32 |

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