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US-listed shares of Tesla rival Nio tumbled 25% on Tuesday after the Chinese electric carmaker posted a drop in quarterly vehicle sales, blaming a cut in subsidies and weak demand.China has been steadily rolling back subsidies on new energy vehicles, with plans to phase them out after 2020 amid criticism that some firms have become overly reliant on the funds.This has raised prices of electric vehicles, resulting in a slowdown in sales. Sales of new energy vehicles,
air max tw which comprise electric battery cars as well as plug-in electric hybrids, fell 4.7 per cent in July from a year earlier, witnessing their first drop in more than two years, according to聽data from the China Association of Automobile Manufacturers (CAAM).Nio said earlier this year subsidies for its ES8 car, a pure-electric, seven-seat spor
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nike air max 1 ility vehicle seen as a rival to Tesla s Model X, were slashed to $1,620.87 beginning June 26 from 67,500 yuan last year. The China subsidy cut has been well understood by investors, so Xijr Crackdown Three suspects injured in encounter
ISLAMABAD:A senior Si
air af1 ndh High Court (SHC) official has informed the Supreme Court that the district judiciary had ordered the release of 814 prisoners on bail, and the province s top judge did not pass any direction to the prison authorities concerned to free inmates.This was disclosed in a letter, a copy of which is available with The Express Tribune, by SHC Registrar Ghulam Rasool Samoon to the Sindh advocate general.The same letter was shared with the apex court which is seized wi
air max95 th a petition questioning the release of prisoners by the Sindh High Court through a four-line press statement.The SHC registrar admitted that the March 26 press statement, stating that 829 accused were released on the high court chief justice s direction, was not happily worded .The letter referred to the National Judicial Policy Making Committee (NJPMC) March 19 meeting wherein the matter related to overcrowding of prisoners an
air max plus 3 d possible threat of pandemic Covid-19 was discussed.In view of the NJPMC meet
