Nio has a lot going for it right now, including the third-quarter's record-delivery figure."Let the good times roll" is likely what Nio (NIO 1.04%) investors are saying to themselves right now after the stock soared 65% over the past month. The Chinese electric vehicle (EV) maker has a lot going for it: It just began deliveries of its Onvo L60; it received a cash infusion from strategic investors; and now, it just announced strong September deliveries and a quarterly record.Strong deliveriesNio has quietly ...

NIO (NYSE: NIO ) reported monthly delivery figures for the month of September on Tuesday which included for the first time deliveries of its new ONVO-branded L60 sport utility vehicle... which were highly expected. The ChineseAnalyst’s Disclosure: I/we have a beneficial long position in the shares of NIO, LI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ha ...

Nio has been on a roll for investors with its soaring stock price, and it just received a little more good news.Nio (NIO 2.56%) has been a fun ride for investors over the past month as its stock price shot up over 65%. It's had a handful of good news items, including China's government stimulus package, the fact that its new more affordable Onvo brand is delivering vehicles, and the company has been receiving more investment. Let's dig in.What's going on?Over the weekend, Nio announced it had received a cas ...

NIO Inc. (NIO) , XPeng Inc. (XPEV) and Li Auto (LI) , the three smart electric vehicle (EV) companies in China, recently posted their respective delivery results for September and the third quarter of 2024.NIO’s deliveries rose 35.4% year over year to 21,181 vehicles in September 2024. The deliveries include 20,349 units of the premium smart EV brand NIO and 832 units of the family-oriented smart EV brand ONVO. In the third quarter of 2024, the company delivered 61,855 vehicles, rising 11.6% year over year ...

After underperforming on the bourses for much of 2024, China’s noted electric vehicle (EV) player, NIO Inc. (NIO) ), has made a solid comeback in the past month. Shares of NIO have rocketed more than 69% over the past month, handily outperforming the industry, sector and S&P 500. The stock has also surpassed the impressive growth of its closest peers, Li Auto (LI) and XPeng (XPEV) , during the same period.One-Month Price Performance Comparison Image Source: Zacks Investment ResearchIn fact, in the last six ...

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Persistent rise in selling and advertising expenses, and increasing operational costs weighed on electric vehicle (EV) manufacturer NIO Inc. (NIO) throughout the year. However, things are now looking brighter for the NIO stock amid increased investments, Chinese stimuli, and growing demand for its newest models. So, is this an apt moment for investors to buy the NIO stock below $10? Let's explore – NIO Stock Bounces Back For most of the year, the NIO stock has given its investors fewer reasons to rejoice as ...

Amid strong results for the past quarter, which saw NIO Inc. (NYSE: NIO) meet expectations and break its own records in terms of vehicle deliveries, the Chinese multinational automobile manufacturer is yet to sway Wall Street analysts in terms of their price targets for its stock in the next 12 months. As it happens, NIO delivered a record 21,181 vehicles in September, bringing the total third-quarter deliveries to 61,855, which represents an 11.6% increase year-on-year (YoY), and lived up to the expectatio ...

Company Achieved New Record-High Quarterly Deliveries ONVO L60 started deliveries in late September 202421,181 vehicles were delivered in September 2024, increasing by 35.4% year-over-year61,855 vehicles were delivered in the three months ended September 2024, increasing by 11.6% year-over-yearCumulative deliveries reached 598,875 as of September 30, 2024 SHANGHAI, Oct. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the gl ...

NIO (NYSE: NIO ) shares look ready to quickly accelerate up the chart. After a prolonged period of declining that started back in 2021, NIO appears to be ready to revalue higher. Despite the fact that NIOZvi provides advisory services to companies, trusts, and individuals, including consulting expert services regarding retirement and estate planning. Zvi is admitted to practice law in the state of New York, where he offers cash management, Bitcoin, and Trust Protector services. Zvi is also The Claw of The L ...