William Li

Nio Inc. (NYSE: NIO) CEO William Li believes the Chinese electric vehicle maker’s approach of targeting the premium segment from the beginning gives it a higher chance of success, cnEVpost reported Sunday. What Happened: “I think the approach of targeting the high-end market has a...

Chinese electric vehicle maker Nio Inc.’s (NYSE: NIO) CEO William Li believes EV brands that gain market share by “constantly lowering” prices will only hurt their own brand image, cnEVpost reported Thursday. What Happened: Li said during Nio’s first-quarter earnings call...

Chinese electric vehicle maker Nio Inc.’s (NYSE: NIO) CEO William Li thinks Tesla Inc. (NASDAQ: TSLA) is the biggest beneficiary of Chinese regulations, BBC reported Wednesday. What Happened: Li told the BBC that the U.S. electric vehicle maker has been the biggest beneficiary of the...

Nio Inc (NYSE: NIO) said Tuesday that a worldwide shortage of semiconductors means it will make fewer vehicles in the second quarter, CNBC reported Tuesday. What Happened: Production levels will have to be cut down to 7,500 units a month in Q2 after touching 10,000 vehicles in February, the...

Premium-segment-focused Nio Inc (NYSE: NIO) may be gearing up to make mass-market vehicles, the company’s CEO William Li suggested Sunday, as reported by Reuters. What Happened: The Chinese automaker, which competes with the likes of Audi-maker Volkswagen AG (OTC: VWAGY), Mercedes-Benz-...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk has added more than $111 billion to his fortune so far this year, emerging as the second-richest person in the world, but the wealth gained by others in the electric vehicle industry has been far greater. What Happened: Musk is worth $139 billion, after adding...