A survey by the EU Chamber of Commerce in China shows that 68% of European companies are maintaining or expanding their supply chains in China, with only 7% moving production elsewhere. Automation and lower costs are key factors strengthening China's manufacturing advantage, making Chinese operations more efficient and competitive globally. Despite geopolitical tensions and trade scrutiny, European firms rely heavily on China's manufacturing ecosystem to stay competitive, often combining expansion in China with some diversification. This trend highlights China's continued dominance in global manufacturing due to cost efficiency and advanced automation.
Nio reported a strong Q1 with revenue up 112% and its first adjusted operating profit, yet its shares fell 7% amid profit-taking and concerns over sequential delivery declines. Tesla's stock rose 1%, driven by investor excitement around Elon Musk's S...
Nio Strategic Metals is progressing its Oka niobium project by assembling expert teams for environmental, safety, and market strategy roles. The company aims to build an underground mine with minimal environmental impact and restore the site by proce...
NIO Inc., a leading smart electric vehicle maker, announced its annual general meeting (AGM) will be held on June 24, 2026, in Shanghai. Shareholders will vote on important company resolutions, with the board recommending approval. The company also f...
