I am moderately bullish on both Nio (NIO) and XPeng (XPEV), two relatively new Chinese electric vehicle (EV) companies. However, of the two, XPeng appears to offer the best return potential ...
Cash and Cash Equivalents: RMB42.2 billion. NIO Inc (NYSE:NIO) achieved a new quarterly record with 61,855 vehicle deliveries in Q3 2024. The company maintained its position as the top-selling ...
One Wall Street analyst says that now is the time to buy Nio stock. One big catalyst will be the EV maker's new brand. Nio's Onvo L60 midsize SUV could be tough competition for Tesla's Model Y.
As of today, I am still not sure how sustainable NIO's current price can be, even with the CCP's planned stimulus measures. Analysts are forecasting a smooth transition to net profitability (on an ...
A rumor spreading like wildfire on social media claims BYD will be taking over NIO (NYSE: NIO) as the EV giant gobbles up market share in China. The rumor was posted by a suspected BYD employee ...
Nio's vehicle margins expanded to 12% in Q2 2024, despite intense price competition in China's premium EV segment. The company's battery-as-a-service model reduces upfront costs by 15% to 30% ...
Nio's U.S.-listed shares are little changed in mid-day trading, after the Chinese electric vehicle maker posted quarterly sales that lagged analysts’ forecasts and a wider-than-expected loss.
Specifically, the company delivered 61,855 vehicles between 1 July and 30 September – the emphasis here is on ‘the company’ because, for the first time, it is no longer just Nio brand vehicles (61,023 ...
NIO (NYSE: NIO) plans to expand into 25 overseas markets by the end of next year. With its new lower-cost Onvo brand already driving demand, NIO expects to play a much bigger role in the global EV ...
Shares of Tesla Inc. rival Nio Inc. NIO surged nearly 2% in premarket trading on Monday amid reports of the Chinese automaker working on a hybrid electric car under the Firefly brand. As per ...