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Month: March 2025

NIO Inc. Provides February 2025 Delivery Update

13,192 vehicles were delivered in February 2025, increasing by 62.2% year-over-year 27,055 vehicles were delivered year-to-date in 2025, increasing by 48.8% year-over-year Cumulative deliveries reached 698,619 as of February 28, 2025  SHANGHAI, China, March 01, 2025 (GLOBE NEWSWIRE) — NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced its February 2025 delivery results. The Company delivered 13,192 vehicles in February 2025, representing an increase of 62.2% year-over-year. The deliveries consisted of 9,143 vehicles from the Company’s premium smart electric vehicle brand NIO, and 4,049 vehicles from the Company’s family-oriented smart electric vehicle brand ONVO. Cumulative deliveries reached 698,619 as of February...

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XPENG Announces Vehicle Delivery Results for February 2025

Delivers 30,453 units in February, up 570% YoY XPENG MONA M03 deliveries surpass 15,000 units for three consecutive months XPENG P7+ surpassed 30,000 cumulative deliveries within just three months of its launchGUANGZHOU, China, March 01, 2025 (GLOBE NEWSWIRE) — XPeng Inc. (“XPENG” or the “Company,” NYSE: XPEV and HKEX: 9868), a leading Chinese smart electric vehicle (“Smart EV”) company, today announced its vehicle delivery results for February 2025. XPENG delivered 30,453 Smart EVs in February, marking a 570% increase year-over-year. Deliveries of the XPENG MONA M03 surpassed 15,000 units for the third consecutive month, while cumulative deliveries of the XPENG P7+ exceeded 30,000 within the first three months of its launch. Moreover, XPENG uncovered the user profile of XPENG P7+, pointing to smart driving being one of the...

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MarketWise Reports Net Income of $93.1 Million and Net Revenue of $408.7 Million for Full Year 2024, and Announces Stock Repurchase Program of up to $50 Million

BALTIMORE, Feb. 28, 2025 (GLOBE NEWSWIRE) — MarketWise, Inc. (NASDAQ: MKTW) (“MarketWise” or the “Company”), a leading multi-brand digital subscription services platform that provides premium financial research, software, education, and tools for self-directed investors, today reported financial results for fourth quarter 2024.(1) Fourth Quarter 2024 Highlights(1)(2)Paid Subscribers were 506 thousand as of December 31, 2024 compared with 737 thousand as of December 31, 2023 Total Net Revenue was $97.5 million in 4Q 2024 compared with $112.2 million in 4Q 2023 Total Billings was $55.4 million in 4Q 2024 compared with $93.6 million in 4Q 2023 Net Income was $26.4 million in 4Q 2024 compared with $1.9 million in 4Q 2023 Cash from Operating Activities of $6.0 million in 4Q 2024 compared with $17.5 million in 4Q 2023 Cash and Cash...

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Li Auto Inc. February 2025 Delivery Update

BEIJING, China, Feb. 28, 2025 (GLOBE NEWSWIRE) — Li Auto Inc. (“Li Auto” or the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it delivered 26,263 vehicles in February 2025, representing a year-over-year increase of 29.7%. As of February 28, 2025, Li Auto’s cumulative deliveries reached 1,190,062. In February, the Company rolled out OTA update version 7.1 to all users, further enhancing the capabilities of its autonomous driving and smart space systems. The newly upgraded Li AD Max V13 now delivers smoother performance when navigating complex road conditions, while new features, such as Sentry Mode High-Risk Video Remote Preview and Front Passenger Exit Alert, provide a more reassuring user experience. Additionally, Li Auto unveiled the exterior design of its first battery...

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