NIO Inc. (NYSE: NIO) confirmed last week it will hold a press conference May 6 to announce plans regarding its entry into Norway.
The EV maker's international ambitions are about much more than making a landing in Norway, if reports are to be believed.
Nio announced last week it is holding an extraordinary general meeting, or EGM, of shareholders in Shanghai on June 3.
What's An EGM: An EGM is any shareholder meeting called by the company other than the regularly scheduled annual general meetings. It is usually convened when something unexpected or urgent comes up between annual shareholders' meetings.
Dogecoin (DOGE: CRYPTO) saw a solid bounce in the bygone week, although the meme currency is still trading off the record high of 43.77 cents hit on April 16.
Chinese EV manufacturer NIO Inc. (NYSE: NIO) announced Thursday first-quarter results that beat estimates. The company also issued above-consensus revenue guidance for the second quarter, with deliveries expected to grow despite the significant supply chain challenges.