The launch marks a first milestone for the world’s largest maker of consumer drones in its push into the Chinese EV space.
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Nio stocks rebound as Q1 deliveries beat forecasts
The Q1 performance of Nio was a big relief for investors and eased concerns over fallout from the recent Luckin scandal.
Faraday Future’s Jia Yueting files for bankruptcy in US, to return to China
The cash-squeezed EV maker plans to meet with local governments about producing the FF81.