This unloved Chinese EV stock might be a great contrarian investment.Nio (NIO 1.35%), a Chinese maker of electric vehicles (EVs), went public at $6.26 per American depositary share just over six years ago. Its stock soared tenfold to a record high of $62.84 during the apex of the meme stock rally on Feb. 9, 2021, but it now trades at less than $5.Like many other smaller EV companies, Nio struggled to ramp up its production, maintain its pricing power, and narrow its losses. China's cooling economy and risin ...

Nio (NIO -0.56%) investors haven't had a very good week. The Chinese electric vehicle (EV) maker's American depositary shares have plunged more than 15% since the U.S. election, including a 13.4% drop this week as of midday Friday, according to data provided by S&P Global Market Intelligence.The U.S. election results help explain the recent bearish move in Nio's stock. Chinese EV makers haven't made any inroads in the United States at this point, but President-Elect Donald Trump's policies push that possibi ...

Montreal, Quebec--(Newsfile Corp. - November 14, 2024) -  Nio Strategic Metals Inc. (TSXV: NIO) (OTC Pink: NIOCF) ("Nio" or the "Company"), a critical and strategic metals mining exploration company, is pleased to announce that it has acquired, through staking, an additional 1,274 hectares over 22 claims adjacent to the Company's Fafnir Project (the "Fafnir Project").The claim block, 10km north east of Nio's Fafnir Project, has 10km of contiguity to Rush Rare Earth's Boxy project, notable for Niobium assay ...

NIO Inc. (NIO) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned -18.5% over the past month versus the Zacks S&P 500 composite's +3% change. The Zacks Automotive - Foreign industry, to which NIO belongs, has lost 3.6% over this period. Now the key question is: Where could the stock be headed in the near term?While media releases o ...

Core Insights - Nio has experienced a significant decline in value in 2024 but is poised for growth in 2025 due to strong delivery momentum and new product launches [1][8] Delivery Momentum - Nio has achieved consistent delivery numbers, surpassing 20,000 vehicles for six consecutive months, with 20,976 vehicles delivered in October, marking a 30.5% year-over-year increase [3][4] - The introduction of the Onvo brand has contributed to delivery growth, with 4,319 vehicles sold in its first full month [4] Product Expansion - Nio's Onvo L60, priced around $21,200, is aimed at competing with Tesla's Model Y and is expected to drive further growth [5][7] - Plans are in place for Nio to launch a new electric vehicle annually, with a mid- to large-size SUV expected next year [6] Strategic Initiatives - Nio is expanding its Onvo network, with 166 centers across 60 cities, to enhance market presence and drive sales [5][7] - The company is set to introduce a more affordable sub-brand named "Firefly" in late 2024, targeting the growing demand for budget-friendly EVs in China [7] Financial Support - Nio has secured a cash injection of approximately $1.9 billion from strategic investors to support its expansion efforts, with $471 million allocated to Nio China and $1.43 billion from the parent company [8]

After a dull first half of the year or so, Nio (NIO -4.99%) stock rebounded dramatically to gain almost 65% in the month of September alone. However, Nio's rally seemed unsustainable at least in the short run, and the electric vehicle (EV) stock ended October down 23.7%, according to data provided by S&P Global Market Intelligence.In particular, Nio's numbers failed to live up to investors' expectations, but there's no need to panic. Investors in Nio stock should, instead, watch out for the Chinese electric ...

SHANGHAI, Nov. 07, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today announced that it will report its unaudited financial results for the third quarter 2024 on Wednesday, November 20, 2024, before the open of the U.S. markets. The Company’s management will host an earnings conference call at 7:00 AM U.S. Eastern Time on November 20, 2024 (8:00 PM Beijing/Hong Kong/Singapore Time on ...

A pedestrian passes an NIO store in Shanghai, China, on November 4, 2024. (Photo by ... [+] Costfoto/NurPhoto via Getty Images)NurPhoto via Getty ImagesChinese luxury electric vehicle maker Nio stock reported deliveries of 20,976 vehicles for October, roughly flat versus September and up 30% year-over-year. Deliveries for the first 10 months of the year came in at 170,257 vehicles, up 35% versus last year. Nio’s delivery performance was better than rivals. For perspective, Xpeng delivered 23,917 vehicles fo ...

Small deep value individual investor, with a modest private investment portfolio, split approx. 50%-50% between shares and call options. I have a B.Sc. in aeronautical engineering and over 6 years of experience as an engineering consultant in the aerospace sector. The latter statement is not relevant in any way whatsoever to my investment style, but I thought to add it for self-indulgent purposes. I have a contrarian investment style, highly risky, and often dealing with illiquid options. How illiquid? Well ...

NIO Inc. (NIO) ended the recent trading session at $5.10, demonstrating no swing from the preceding day's closing price. The stock trailed the S&P 500, which registered a daily gain of 0.41%. Meanwhile, the Dow gained 0.69%, and the Nasdaq, a tech-heavy index, added 0.8%.Coming into today, shares of the company had lost 23.88% in the past month. In that same time, the Auto-Tires-Trucks sector lost 3.41%, while the S&P 500 lost 0.97%.Analysts and investors alike will be keeping a close eye on the performance ...