Down 40% This Year, Will New Models And Budget EV Help Nio Stock Rebound?

BEIJING, CHINA - JUNE 25: Customers look at a NIO ET7 executive electric sedan at a NIO Inc. ... [+] showroom on June 25, 2022 in Beijing, China. (Photo by VCG/VCG via Getty Images)VCG via Getty ImagesChinese luxury electric vehicle maker Nio stock posted mixed delivery numbers for February, delivering 8,132 cars for the month, down 19% from January and 33% lower from the year-ago period. The decline was not really surprising, given that automotive sales in China are usually weak in January and February, du ...