Nio gets a new cash investment as it launches its new, mass-market brand.Nio (NIO 12.58%) shares are down almost 30% so far this year. But anyone who bought stock in the Chinese electric vehicle (EV) maker more recently has done quite well. Nio shares have soared by more than 65% over the past month.The stock continued to surge again today as the trading week started. Nio's U.S.-listed American depositary shares had gained 12.7% as of 10:15 a.m. ET. Some of the recent spike came from China's latest plan to ...

U.S.-listed shares of China-based companies are in the midst of a renaissance as China undergoes a series of extensive and aggressive stimulus measures. The good news keeps coming for Nio Inc - ADR (NYSE:NIO) in particular, after the electric vehicle company's parent company and state-backed investors announced a $2 billion cash infusion.  At last check, Nio stock was up 15.6% to trade at $7.54, on track for its best single-session pop since November 2022. NIO is trading at its highest level since early Jan ...

Exhibit 99.1 NIO Announces RMB3.3 Billion Investment in NIO China from Strategic Investors SHANGHAI, China, September 29, 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 has entered into definitive agreements for investment in NIO Holding Co., Ltd., a PRC subsidiary in which it holds 92.1% controlling equity interest ("NIO China"), with Hefei Jianheng New Energy ...

Following a deal on a massive injection of funds its Chinese subsidiary will receive from strategic investors, the NIO Inc. (NYSE: NIO) stock is already soaring in pre-market trading, signaling further advances as the partners fulfill the obligations set up in this funding.Specifically, NIO has entered into definitive agreements for its Chinese subsidiary, in which it holds 92.1% controlling equity interest, with Hefei Jianheng New Energy Automobile Investment Fund Partnership, Anhui Provincial Emerging Ind ...

SHANGHAI, Sept. 29, 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 has entered into definitive agreements for investment in NIO Holding Co., Ltd., a PRC subsidiary in which it holds 92.1% controlling equity interest (“NIO China”), with Hefei Jianheng New Energy Automobile Investment Fund Partnership (Limited Partnership), Anhui Provincial Emerging Industry Inves ...

Nio investors hope to see a fifth straight month of over 20,000 EVs delivered.Nio (NIO 12.20%) shares have been soaring this week. China has a plan for accelerating growth, and the electric vehicle (EV) maker could be one big beneficiary. But even prior to China's economic stimulus making an impact, there are signs that Nio's business is getting in better shape.Investors recognized that this week and pushed Nio shares up by about 24% as of late morning Friday, according to data provided by S&P Global Market ...

Now you can get access to the latest and highest-quality analysis of recent Wall Street buying and selling ideas with just one subscription to Beyond the Wall Investing ! There is a free trial and a special discount of 10% for you. Join us today!I've been covering NIO Inc. (NYSE: NIO ) stock for quite a long time here on Seeking Alpha. Since November 2022, I've been bearish, but then I changed my stance to "Neutral" at the beginning ofDaniel Sereda is chief investment analyst at a family office whose invest ...

After struggling to revive its economy, China has decided to cut rates and prepare a stimulus package -- good news for Nio.The future of the automotive industry is almost certainly electric vehicles (EVs), even if growth has been slower than once anticipated. An even more intriguing investment opportunity is found overseas with Chinese EV makers as they are heavily subsidized by the government, boast leading technology, and produce vehicles that are well-received.In July, for the first time, sales of electr ...

So far this year, the Nasdaq soared more than 18%, whereas one of its listed stocks, electric vehicle (EV) manufacturer NIO Inc. (NIO) gave investors little to celebrate, down 34.5%, and indicated apprehensions about the slowdown in China's economy. Image Source: Zacks Investment Research However, the NIO stock is poised to accelerate with China's new stimulus, encouraging quarterly results and promising outlooks. Is it the right time to buy, or are there other factors to weigh? Let's find out. NIO Stock So ...

NIO Inc. (NYSE: NIO ) profited from new delivery momentum in the second quarter that also catalyzed a new upswing in the stock. NIO shipped 57,373 electric vehicles in the second quarter, up 91% QoQ and up 144% YoY, amid a rebound in deliveries fromA financial researcher and avid investor with a keen eye for innovation and disruption, as well as growth buy-outs and value stocks. Keeping an eye on the pace of high tech and early growth companies, I write about current events and the biggest news surrounding ...