(Image credit: McLaren) CYVN Holdings, the largest shareholder in Nio (NYSE: NIO) and an Abu Dhabi government fund, will acquire the automotive business of sports car maker McLaren, further expanding ...

Current price $4.31 52-week high $9.57 ...

I am moderately bullish on both Nio (NIO) and XPeng (XPEV), two relatively new Chinese electric vehicle (EV) companies. However, of the two, XPeng appears to offer the best return potential ...

CYVN Holdings will also acquire a non-controlling stake in the broader McLaren Group ... that also happens to be the largest shareholder in Nio. The McLaren Group includes both the automotive ...

Cash and Cash Equivalents: RMB42.2 billion. NIO Inc (NYSE:NIO) achieved a new quarterly record with 61,855 vehicle deliveries in Q3 2024. The company maintained its position as the top-selling ...

Chinese electric-car brand NIO has unveiled its ET Preview concept car at the Shanghai Motor Show. The car previews a four-door, Mercedes E-Class-sized production model that's reported to be called ...

It would also allow McLaren to benefit from the broad cross-industry experience of CYVN Holdings' team, building on CYVN Holdings' previous strategic investments in Nio Inc., Forseven, and Gordon ...

As of today, I am still not sure how sustainable NIO's current price can be, even with the CCP's planned stimulus measures. Analysts are forecasting a smooth transition to net profitability (on an ...