Nio stock price forecast: will the tide change in 2024?

Nio (NYSE: NIO) stock price is still feeling the heat as the divergence between EVs and traditional ICE vehicles continue. It is now languishing near its all-time low as ICE companies like Toyota and Tata Motors hover at their all-time highs. Nio is not alone as other EV stocks like Tesla, Mullen Automotive, and Rivian plunge.Good progress but problems persistCopy link to sectionNio, the Chinese electric vehicle company, has made a lot of progress in the past few years. It has moved from a small startup to ...