JOURNAL ARTICLE

EV-Maker Nio Surges; 'Very Confident' of Hitting Sales Goal.

  • Published In: Bloomberg.com, 2023. P. N.PAG 1 of 2

  • Database: Business Source Ultimate 2 of 2

Abstract

Chinese automakers such as Nio and Xpeng Inc. followed suit, as well as major international brands like Volkswagen AG and Ford Motor Co. "We expect the industry to go through some profound consolidation", Feng said. (Bloomberg) -- Nio Inc. is "very confident" of meeting its target of doubling sales to 250,000 electric vehicles this year, Chief Financial Officer Steven Feng said, prompting the Chinese automaker's shares to surge in Hong Kong. EV-Maker Nio Surges; "Very Confident" of Hitting Sales Goal. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2023/03, pN.PAG
  • Document Type:Article
  • Subject Area:History
  • Publication Date:2023
  • Accession Number:162582230
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