Text size The Canoo is aimed at young professionals interested in a subscription model. Courtesy Canoo Yet another company with electric cars is publicly traded through a purchase through a special purpose purchase company, or SPAC. This time it’s the Hennessy Capital Acquisition that buys Canoo. Canoo is a self-described …
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Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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Shares of Nio Inc. NIO, + 5.88% hit 8.8% in record highs in prime trade Tuesday, after the China-based electric carmaker reported a second-quarter loss that was about half what was expected if sales more than doubled, providing an optimal outcome for deliveries for the current quarter. The net loss …
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Chinese electric car maker XPeng, whose investors include internet heavyweight Alibaba Group and smartphone supplier of Beijing Xiaomi, submitted to go into the United States on Friday. The move comes after the June 30 Nasdaq listing of Li Auto, which raised $ 1.1 billion and whose shares have increased. They …
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