The lawsuit alleges that NIO solved a liquidity crisis in 2020 by creating a "superficially independent company." ...
It it seeking damages arising from the purchase of 54.4 million Nio shares from 2020 to 2022 Read more at The Business Times.
It’s accusing Nio of fraud via manipulation of battery ‘sales’; seeks damages for its purchase of 54 million Nio depositary ...
The $20,000-vehicle is now mostly extinct, and many price-conscious buyers are sidelined or cruising in the used-vehicle ...
A few impactful improvements are likely to make the 2025 Volkswagen ID4 noticeably easier to live with than previous model years of VW’s cheapest electric car for the American market. These include ...
As the $7,500 tax credit disappears, the EV market faces a reckoning: will sales hold or collapse without government support?