Given Nio’s (NASDAQ:NIO) strong, recent growth, the low valuation of NIO stock and the high potential for its upcoming electric vehicles, I view its shares as a buy for value and growth-at-a-reasonable price (GARP) investors alike. Also likely to help the China-based automaker going forward are cost reductions spurred by its increasing utilization of robotics and Wall Street’s renewed respect for EVs.Strong Growth and a Bargain ValuationLast month, Nio’s deliveries soared 98% versus the same period a year e ...

Nio Inc. (NYSE: NIO), the Chinese electric vehicle (EV) manufacturer, has demonstrated remarkable resilience amidst market challenges, as evidenced by its recent performance.Specifically, the company enjoyed a strong market presence following a near doubling of vehicle deliveries last month, reflecting the broader EV sector’s impressive results.In June, Nio announced a record month with deliveries reaching 21,209 vehicles, marking a 98.1% year-over-year increase. Over the three months ending in June, the co ...

The most recent trading session ended with NIO Inc. (NIO) standing at $4.68, reflecting a +1.3% shift from the previouse trading day's closing. This move outpaced the S&P 500's daily loss of 0.88%. Elsewhere, the Dow saw an upswing of 0.08%, while the tech-heavy Nasdaq depreciated by 1.95%.Shares of the company have appreciated by 3.82% over the course of the past month, underperforming the Auto-Tires-Trucks sector's gain of 18.38% and the S&P 500's gain of 5.11%.The investment community will be paying clos ...

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The European Union (EU) is moving forward with its tariffs on Chinese electric vehicles (EVs). Indeed, as of Friday, July 5, the EU has imposed a tariff of up to 37.6% on EVs imported from China.As Reuters reports, this new policy also includes a “four-month window during which the tariffs are provisional with intensive talks expected between the two sides.” Still, news of this development has sent Chinese EV stocks into the red this morning as the sector prepares for geopolitical tensions. For investors, t ...

Nio (NYSE:NIO), a Chinese electric vehicle (EV) maker, said CFO Steven Wei Feng resigned over the weekend for personal reasons. He will be replaced by Stanley Yu Qu. Qu is a former executive with Lear Corporation (NYSE:LEA) and Johnson Controls (NYSE:JCI). He also worked at PriceWaterhouseCoopers (PWC) for a decade. He has been with Nio since 2016.NIO stock fell on the news, but only by 2.5%. It opened this morning at $4.54 per share, its market capitalization down to $9.4 billion.Shuffling Deck ChairsNIO s ...

travelview/iStock Editorial via Getty Images Introduction I remain bearish about NIO (NYSE:NIO) and want to reiterate my 'Strong Sell' rating for the stock. The stock declined by 2.4% since my previous thesis. My previous thesis could have looked even better, but the stock gained more than 6% yesterday after positive Q2 deliveries data. NIO's latest deliveries report is really impressive with sales more than doubling in Q2. On the other hand, this growth might be unsustainable because it looks like a 'g ...

Geely's SEA architecture for cars allows vehicles of different sizes to be manufactured at the same factory.When including hybrid vehicles, Li Auto remained by far the leader. It delivered 47,774 cars in June, for a first-half total of 188,981 vehicles. Most of the company's cars come with a fuel tank to extend the battery's driving range.Xpeng remained a laggard, delivering 52,028 cars in total in the first six months of the year, including 10,668 vehicles in June.That's slightly more than Nio 's 87,426 de ...

Key TakeawaysElectric vehicle maker Nio announced record June and quarterly deliveries.The company's 21,209 deliveries in June was an increase of 98% from a year ago, and second quarter deliveries of 57,373 was a 144% jump.ADRs of Nio and Chinese rivals, as well as shares of American EV manufactures, advanced. Nio's (NIO) American Depositary Receipts (ADRs) jumped Monday after the Chinese electric vehicle (EV) maker reported a second-straight month of record deliveries. The news lifted ADRs of Chinese rival ...

Though the electric vehicle (EV) industry has been struggling for more than 12 months, 2024 has generally been recognized as a particularly dire period of the so-called ‘EV winter.’There has hardly been a company operating in the sector whose stock has managed to remain in the green, with even Elon Musk’s Tesla Motors (NASDAQ: TSLA) staying decisively in the green despite record deliveries at the end of 2023 and the 2024 attempts to rebrand as a robotics and artificial intelligence (AI) firm.Given the curre ...