Speaking at the Qatar Economic Forum on May 14, billionaire investor Ken Griffin lambasted Joe Biden’s policy of putting tariffs on Chinese EVs, suggesting that the move would hurt American consumers. Nio (NYSE:NIO) stock gained more than 6% on the news. Griffin argues that the Biden administration’s policy is bad for America because it will reduce the number of low-cost, high-quality Chinese EVs consumers here can buy, slowing Biden’s desire to move toward low-emission energy. While I don’t think there’s a ...

Nio (NYSE: NIO) stock price has crashed hard this year as the electric vehicle industry has become a toxic wasteland. It has tumbled by over 41.2% this year and by over 92% from its highest level in 2021. Other Chinese EV companies like Li Auto and XPeng have also tumbled. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Nio faces many challenges aheadCopy link to sectionNio’s stock price has crashed hard in the past few years as the industry has faced ...

Ai Tiecheng, Senior Vice President of NIO and President of ONVO, speaks during the press conference of ONVO, NIO's new subsidiary brand, on May 15, 2024 in Shanghai, China. NIO launches its second brand ONVO and its first model L60 on May 15.SHANGHAI — Chinese electric car startup Nio is adjusting its approach to global markets in light of geopolitical developments, CEO William Li told reporters Thursday.The company will still focus on China, and will persist in its initial aspiration to be a global company ...

J.P. Morgan评级 - J.P. Morgan将Nio股票评级从卖出调升至中性，目标股价为5.40美元[2] 市值和现金流 - Nio市值为120亿美元，去年市值下跌近25%，每年现金流失约22亿美元[4] 政府政策 - 中国政府推出新的刺激政策以提振电动汽车需求，对Nio业务有利[5] 盈利预测 - Nio预计在2027年前不会盈利，2025年可能出现净现金流负增长，持有Nio股票风险较高[6]

It’s a big day for Nio (NYSE:NIO), as the Chinese electric vehicle (EV) company has officially launched its new, affordable Onvo brand in competition with Tesla (NASDAQ:TSLA) and Toyota (NYSE:TM). Onvo’s first vehicle, the L60 SUV, carries a starting price tag of $30,500 for the 60 kWh model and will compete with Tesla’s Model Y, which is priced 12% higher, and Toyota’s popular RAV4. Despite this big launch, NIO stock is down 9% today.Nio CEO William Li had this to say about the launch:“RAV4 and Model Y wer ...

In this article9866-HKChinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China.CNBC | Evelyn ChengSHANGHAI — Chinese electric car company Nio revealed Wednesday that the first car for its new, lower-priced brand, Onvo, will be about $4,000 cheaper than Tesla's comparable Model Y.Deliveries for Onvo's first car, the L60 SUV, are set to begin in September, the company said. Pre-sales began after Wednesday's launch event.Nio CEO William Li said he expec ...

Nio (NYSE:NIO) stock may be falling today, but the company has just received some good news. JPMorgan has removed its bear rating on the Chinese electric vehicle (EV) producer. The financial institution moved its rating for NIO stock from “underweight” to “neutral,” demonstrating that it believes the company is improving. Analyst Nick Lai has stated that he sees Nio benefitting from its foray into the EV battery space, as well as policies from China’s government aimed at spurring EV demand. As Wall Street s ...

After opening at $6.01, shares of China-based electric vehicle (EV) maker Nio Inc (NYSE:NIO) are 5.8% lower at $5.45 at last glance, brushing off a bull note at J.P. Morgan Securities. The analyst upgraded the EV stock to "neutral" from "underweight" and raised its price target to $5.40 from $4.80, citing the Chinese government's stimulus policy and Nio's newest battery as service (Baas) strategy as potential tailwinds.Also helping the stock move higher today, Nio today launched the L60 SUV in its Onvo unit ...

Nio Inc (NYSE: NIO) is pushing further to the upside in premarket on Wednesday after a JPMorgan analyst removed his bear rating from shares of the electric vehicles company. Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Nio stock receives an upgradeCopy link to sectionNick Lai expects battery as a service (BAAS) strategy of the EV firm to be a meaningful tailwind for its share price.  He upgraded Nio stock this morning to “neutral” and said:By succe ...

Shares of Nio (NYSE:NIO) stock are down by about 35% both year-to-date (YTD) and year-over-year (YOY), and it appears that Scottish investment firm Baillie Gifford has had enough.Baillie has filed its first-quarter Form 13F ahead of the May 15 deadline, revealing a major reduction in its NIO stake. A 13F documents an institutional investor’s equity and option positions and must be filed each quarter.As of March 31, Baillie owned 18.90 million shares of Nio, down by a significant 83.5%, or 95.73 million shar ...