The Australian Intellectual Property Office has allowed NIO to apply for trademark registration in Australia.
Audi previously filed an objection against NIO-SW (09866.HK)(NIO.US) for the trademark application submitted in australia, which triggered a trademark dispute between the two parties. The australian Intellectual Property Office recently rejected Audi's opposition to NIO's trademark application for "ES6, ES7, ES8" in australia, allowing NIO to proceed with the trademark registration application in australia.
Nio Scores Win in Australia in Dispute With Audi Over 'ES' Trademarks
Market Chatter: Hong Kong Considering Some EV-Friendly Changes in Traffic Laws
NIO Inc Options Spot-On: On December 4th, 143.49K Contracts Were Traded, With 3.42 Million Open Interest
On December 4th ET, $NIO Inc(NIO.US)$ had active options trading, with a total trading volume of 143.49K options for the day, of which put options accounted for 22.4% of the total transactions, and
Express News | The trademark battle between Audi and Nio has extended to australia. The Intellectual Property Office of australia determined that Nio won the case.
U.S. stocks anomaly | NIO pre-market rose more than 1%, institutions bullish on Lada's support for its fourth-quarter sales growth
Gelonghui, December 4 | NIO (NIO.US) closed up 5.45% yesterday and continued to rise 1.72% in pre-market trading today, reported at $4.72. Guolian pointed out that looking ahead to the fourth quarter, the company guided fourth quarter sales to be 0.072-0.075 million and indicated that the production of the company's Ladao brand could ramp up to 0.01 million in December. Currently, there are ample orders on hand, and the firm expects that capacity can be fully converted into sales. Therefore, NIO brand sales may be relatively weak in the fourth quarter, while the Ladao brand will become the main driver of sales growth. In terms of revenue, the company guided fourth quarter revenue to be approximately 19.676-20.383 billion yuan.