EV maker Nio considers more job cuts after shedding 10% staff - Bloomberg News
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
China says revised NEV tax incentives ensure 90% eligibility for EVs
December 11, 2023 10:52 AM ESTChina's industry ministry announced Monday that over 90% of the countrys existing new energy vehicle (NEV) models will maintain eligibility for tax incentives on purchases, thanks to updated technical criteria.
According to a statement from the Ministry of Industry and Information Technology, the technical criteria for new energy... More
Tesla (TSLA) China plans to build auto research center in Thailand as EVs gain popularity
December 8, 2023 3:43 PM ESTThailand revealed Friday that China is planning to establish a China Automotive Technology and Research Center (CATARC) in the region, the fourth such facility in the world.
Tax incentives and subsidies offered by the Thai government have successfully attracted Chinese car manufacturers such as BYD and Great Wall... More
Nio (NIO) considers expanding job cuts
December 7, 2023 8:41 AM ESTChinas Nio Inc. (NYSE: NIO) is reportedly considering further workforce reductions following its recent announcement of a 10% job cut last month.
According to a report released by Bloomberg on Thursday, the electric automaker has instructed certain departments to prepare supplementary lists for potential layoffs,... More
