As the Chinese electric vehicle (EV) market faces growing challenges, one business leader is taking a somewhat unorthodox approach. On April 13, William Li, CEO of Nio (NYSE:NIO) spoke at Harvard University, where he addressed China’s economic landscape. Specifically, he discussed it as it relates to EVs and what he sees as the path forward. News of his speech hasn’t done much for NIO stock, though, which has spent the day trending downward, continuing its recent losing streak. Even with its CEO making head ...

As the EV market is seeing significant downside currently, Nio stock (NYSE:NIO) is only one of the companies experiencing big-time downside. The fact is that NIO stock is down nearly 50% tells most investors what they need to know about this stock’s performance thus far. Increasingly tight competition in China combines with other sector-wide headwinds to provide big down-side potential for the company moving forward. So, most growth investors may have moved onto other names.Of course, Nio’s monthly deliveri ...

Andy Feng My Thesis I initiated coverage of NIO Inc (NYSE:NIO) in mid-January 2024, about 3 months ago, with a "Buy" rating - in that time the stock has fallen a whopping 31%, while the S&P 500 Index (SP500) (SPY) has risen 9%: Seeking Alpha, Oakoff's NIO article It seems like one of the major risks for the company actually played out during this time: the intense competition in the EV space pushed the company to adjust its sales guidance downward recently. Seeking Alpha News Considering NIO's curre ...

Once heralded as the future of the car industry, the electric vehicle (EV) sector has been overtaken by hybrids in 2024 and has suffered significant damage with dwindling sales and a stock market performance akin to a free fall.Nonetheless, the industry has offered some surprises this year as it offered a sudden Lucid Motors (NASDAQ: LCID)-led rally towards early February and an unexpectedly strong report offered by the very same company in early April.Another interesting fact has been that, throughout the ...

The Chinese EV maker expects volumes and margins to improve from the second quarter onward.Where will Nio (NIO 5.83%) stock find a bottom? That's the question investors in the electric vehicle (EV) stock must be asking right now. Shares plunged 21.7% in March, according to data provided by S&P Global Market Intelligence, and are now down 47% this year as of this writing.Why Nio stock fell so muchNio kicked off March on a somber note when its fourth-quarter and full-year 2023 numbers failed to impress invest ...

SHANGHAI, China, April 09, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today filed its 2023 annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission. The annual report can be accessed on the Company's investor relations website at https://ir.nio.com. The Company will provide a hard copy of its annual report containing the a ...

Share Issuance and Capital Structure - The company's board of directors is authorized to issue additional ordinary shares and preference shares, which may dilute the voting power of existing ordinary shareholders[798][799] - Preference shares can be issued without shareholder approval after the Relevant Period, with terms including dividend rights, conversion rights, and voting rights determined by the board[798][799] - Shareholders can increase, consolidate, subdivide, or cancel share capital by ordinary resolution, subject to specific conditions[801] - Shareholders can reduce share capital and capital redemption reserves by special resolution, subject to confirmation by the Grand Court of the Cayman Islands[802] Anti-Takeover Provisions - The company's memorandum and articles of association include anti-takeover provisions that may discourage or delay changes in control, such as issuing preference shares without shareholder approval and limiting shareholders' ability to convene meetings[803]

Nio (NYSE:NIO) stock reflects the falling prospects for high-end electric vehicles (EVs).During the last decade, the Chinese company was pitched as a direct competitor to Tesla (NASDAQ:TSLA). Its cars were sold as status symbols in “Nio Houses” to China’s millennial go-getters.  Nio was also an innovator in swapping out batteries to maintain range. But Nio has never scaled its production, producing just 160,038 cars in 2023, its best year yet.Investors have had enough. The stock is down by half in 2024. Can ...

Nio (NYSE:NIO) believes battery swapping could be the preferred charging source of the future, and it’s putting its money where its mouth is. One of the problems of battery swapping is that you need a standardized battery. To address this, Nio has partnered with other Chinese electric vehicle (EV) companies, including Changan, Geely (OTCMKTS:GELYF), Chery and JAC.“Swapping right now is mainly driven by Nio. Of course, Nio found out this is an ecosystem,” said CLSA Deputy Head of Research Ding Luo. “If only ...

YICHANG, CHINA - MARCH 17, 2024 - People buy NIO new energy vehicles at an NIO store in Yichang, ... [+] Hubei province, China, March 17, 2024. (Photo credit should read CFOTO/Future Publishing via Getty Images)Future Publishing via Getty ImagesChinese luxury electric vehicle maker Nio stock delivered 11,866 vehicles in March, up 14.3% from 10,378 a year ago. Sales were driven in part by the launch of the company’s 2024 series of vehicles during the month, including updated versions of the ES8, ES6, EC7, EC ...