Pictured here is a Nio battery swapping station in Haikou, Hainan province, China, on May 9, 2023.Bloomberg | Bloomberg | Getty ImagesBEIJING — Chinese electric car company Nio has been expanding its battery swap partnerships in a bid to gain an edge on the infrastructure side of the EV ecosystem.Since November, Nio has partnered with at least four Chinese automakers — Changan, Geely, Chery and JAC — for developing battery swap standards and expanding the network in China. Nio also announced agreements earl ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nio. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Nio (NYSE:NIO) stock is climbing higher on Monday as investors react to the electric vehicle (EV) company’s latest delivery data for March 2024.The exciting news for investors is Nio seeing deliveries for its EVs increase by 14.3% year-over-year in March 2024. That resulted in 11,866 vehicles being delivered during the month.Breaking down those deliveries shows that NIO saw significant sales of its smart EVs. That includes 6,737 premium smart electric SUVs as well as 5,129 premium smart electric sedans.The ...

All eyes are on Nio Inc (NYSE: NIO) today after it reported a rather huge 40% sequential decline in deliveries for its first quarter.Nio delivered over 30,000 vehicles in Q1 Copy link to section The EV firm based out of Shanghai, China delivered 30,053 vehicles in total that translates to a 3.0% decline versus the same quarter last year. $NIO did, however, came in line with its Q1 deliveries forecast that it updated just last week.It is also important to note that the electric vehicles company delivered 11, ...

Andy Feng NIO Inc. (NYSE:NIO) just made an announcement that said that the electric-vehicle company was curtailing its delivery forecast for 1Q-24 amid a soft demand environment in the company’s core market China. While slowing growth is obviously a big challenge for NIO, and an obstacle for price appreciation for NIO’s stock, I think that the electric-vehicle company unduly suffers from a painful change in sentiment towards EV businesses. NIO’s stock just made new lows, but the valuation is now at its ...

Electric vehicle maker Nio (NYSE:NIO) successfully established itself as a premium brand within the China market. It differentiated itself from rival EV companies by creating a battery-swap business to serve as an alternative to charging.Yet vehicle margins are narrowing and NIO stock remains a loss-generating company. It is looking to sell its EVs in other markets and plans on introducing a mass-market car this year. Yet lower-priced cars could damage Nio’s reputation as a premium EV company, undermining t ...

Nio (NIO -2.20%) and QuantumScape (QS -3.41%) might seem like two very different ways to invest in the electric vehicle (EV) market. Nio is a leading producer of electric sedans and SUVs in China, while QuantumScape is developing solid-state batteries, which could significantly boost the stability, charging time, and range of EV batteries.But batteries are also a big part of Nio's business. Nio differentiates itself from its competitors with removable batteries that can be quickly replaced at its battery-sw ...

Shares of Nio (NYSE:NIO) stock are in the red today following a concerning report about Tesla’s (NASDAQ:TSLA) Chinese production.According to Bloomberg, Tesla notified employees at its Shanghai Gigafactory to work five days a week instead of the normal 6.5 days. The plant produces the Model 3 and Y. Meanwhile, the plant’s schedule of two 11.5-hour shifts per day remained unchanged.Production lines, such as battery workshops, could see limitations for an extended period of time. These production limits are e ...

There was both good news and bad news for investors when Chinese electric vehicle (EV) maker Nio (NIO -1.96%) reported its fourth-quarter and full-year 2023 results in early March. Nio's vehicle deliveries were 25% higher year over year in the quarterly period. And revenue for the full year rose by 13% to a new record.But competition in the Chinese EV market heightened last year, leading to lower prices as EV makers tried harder to woo buyers. That led to a drop in vehicle margins from almost 14% in 2022 to ...

The electric vehicle (EV) market slump continues to overwhelm EV producers worldwide. Nio (NYSE:NIO) stock is one of the up-and-coming China-based EV startups that has been gravely affected by weaker demand in the burgeoning car market. Nio’s share price has fallen nearly 33% on a year-to-date perspective. As the company continues to falter, investors who are still holding the stock should really reconsider their judgement. Below are three reasons why I believe NIO stock is still a strong sell.Deliveries co ...