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Why Nio Stock Is Climbing Today
The Motley Fool· 2024-05-14 02:31
Apparently, meme stocks are back -- but Nio has had some actual good news for investors, too. Shares of Chinese electric-vehicle (EV) maker Nio (NIO 6.71%) were moving higher on Monday as investors revisited former meme stocks that enjoyed social media-powered surges earlier in this decade. But the company had recent good news of its own to report.As of 2:25 p.m. ET, Nio's American depositary shares were up about 6.7% from Friday's closing price.A "meme stock" surge follows strong deliveriesA slew of former ...
NIO Stock Alert: Bided Will Reportedly Set New Tariffs on Chinese Electric Vehicles
InvestorPlace· 2024-05-10 23:19
Shares of Nio (NYSE:NIO) stock are in the green following reports that President Joe Biden would move forward with a plan to enact or maintain tariffs on several Chinese sectors as soon as next week, including EVs, batteries, semiconductors and solar cells.Reuters noted that the administration is “expected to largely maintain existing levies,” while Bloomberg stated that Biden seeks to “target key strategic sectors with new levies while rejecting the across-the-board hikes sought by Donald Trump.” At the mo ...
Dear NIO Stock Fans, Mark Your Calendars for May 15
InvestorPlace· 2024-05-10 02:05
Chinese electric vehicle manufacturer Nio (NYSE:NIO) sent a shot across the bow, a seeming message directed at sector leader Tesla (NASDAQ:TSLA). On May 15, Nio will launch a low-priced SUV designed to compete directly against the popular Tesla Model Y. Subsequently, NIO stock swung higher as the global war of attrition heated up.According to Cnevpost, Nio will launch a sub-brand called Onvo (or Ledao) in China. The debut coincides with the International Day of Families, which appropriately ties in with Onv ...
Tesla, Rivian, And Nio Stock Prices Down As EV Demand Growth Slows
Forbes· 2024-05-09 23:04
GRUENHEIDE, GERMANY - MARCH 25: In this aerial view newly completed Tesla Model Y electric cars ... [+] stand at the new Tesla Gigafactory electric car manufacturing plant on March 25, 2022 near Gruenheide, Germany. The new plant, officially called the Gigafactory Berlin-Brandenburg, officially opened on March 22 with an event with German Chancellor Olaf Scholz and Tesla CEO Elon Musk. The new plant is producing the Model Y as well as electric car batteries. (Photo by Sean Gallup/Getty Images)Getty ImagesTh ...
Chinese EV maker Nio to launch its lower-priced brand Onvo on May 15
CNBC· 2024-05-09 10:51
Nio推出低价品牌Onvo - Nio将于5月15日推出低价品牌Onvo,以应对中国激烈竞争的电动车市场[1] - Onvo的首款车型L60将定价约为25万元人民币,与特斯拉Model Y处于同一价格段[3] - Onvo的首款车型将是一款比Model Y更便宜的SUV[5] Nio销售情况 - Nio的SUV和轿车目前售价接近30万元人民币,4月份交付了15,620辆电动车,比上个月的11,866辆增加[4] Onvo品牌特点 - Onvo代表“On Voyage”,中文名“乐道”意为“通往幸福之路”,公司未明确是否会在中国以外地区销售[6]
NIO Stock Alert: Nio Strikes Battery Deal With GAC
InvestorPlace· 2024-05-09 01:45
Nio (NYSE:NIO) stock is slumping 5% today despite a new deal with fellow Chinese car maker GAC to establish battery swap-enabled passenger cars and battery swap stations cross-compatible between both vehicle makes.Nio and GAC signed the strategic cooperation agreement earlier today, on May 8, in Guangzhou. GAC is headquartered in Guangzhou, China.“The cooperation will amplify the two companies’ respective strengths in technology and operations, and push forward the unification of battery standards and opera ...
This Is the World's Hottest Car Company
24/7 Wall Street· 2024-05-08 18:35
This Is the World's Hottest Car Company Andrei Stanescu / iStock Editorial via Getty Images Very few Americans have heard of Nio Inc. (NYSE: NIO), which can count itself as one of the world’s most successful car companies. Its stock has been up 26% in the past month, while the S&P 500 has been flat.Nio is one of China’s dozen up-and-coming car companies. Smaller than rival BYD, it still has the advantage of operating in the world’s largest electric vehicle (EV) market.In April, Nio delivered 15,650 vehicl ...
NIO Stock Alert: Nio Reportedly Strikes Battery Deal With BYD
InvestorPlace· 2024-05-08 01:36
Nio与BYD电池交易 - Nio宣布将其电池部门分拆后,与BYD达成了新的电池交易[1] - BYD正在调整其电池生产线以准备为Onvo提供电池[4] Nio的新车型竞争 - Nio的首款Onvo品牌车型L60预计将与特斯拉的Model Y竞争[2] 电池供应商合作 - Nio CEO William Li表示电池寿命是一个重要问题,BYD、CATL和CALB将为不同版本的电动车提供电池[3]
Is This As Good As It Gets for Nio Stock?
InvestorPlace· 2024-05-07 18:20
Chinese electric vehicle maker Nio (NYSE:NIO) stock exploded higher last week, rising 25% on a surprisingly strong monthly delivery update. The EV maker said it had delivered 15,620 vehicles during April, a massive 134% increase over the year-ago figure. That brought its cumulative deliveries since starting to almost half a million EVs.However, investors should still use caution. This unexpected good fortune of the leading Chinese EV company just might be as good as it gets.A Surprising U-Turn for Nio Stock ...
NIO Stock Alert: Nio Preps to Unveil Mass Market Car This Month
InvestorPlace· 2024-05-07 04:47
Nio (NYSE:NIO) stock climbed a little over 2% Tuesday on news that the Chinese electric vehicle (EV) maker will show off its first mass-market car later this month.It appears Nio has Tesla (NASDAQ:TSLA) in its sights this year as it prepares to launch a new model under a new brand. Indeed, according to Nio Chief Executive William Li, the company’s newly-created sub-brand, Onvo, is intended to rival Tesla’s best-selling Model Y EV.“Nio is currently working on the launch of new car brands, that would be less ...