Nio (NYSE:NIO) is in the process of expanding its European footprint despite the threat of tariffs. In March, the European Commission announced that it would begin custom registrations of Chinese EVs, opening up the door for potential tariffs following the conclusion of its anti-subsidy investigation into EV batteries made in China. The investigation alleges that China is unfairly subsidizing batteries. NIO stock is down just shy of 10% today.Reuters noted that the investigation, which started in October of ...

Investors are keeping a close eye on Nio (NYSE:NIO) stock today after the Chinese electric vehicle (EV) maker announced a new deal with Chinese state-owned FAW Group for battery-swap services.Indeed, per the new strategic cooperation framework agreement signed May 21, Nio and FAW will work toward the shared establishment of “battery technology standards,” develop model-swappable batteries and further enhance their battery management networks.FAW represents the seventh battery-swapping partnership for Nio, c ...

Despite the iShares MSCI China ETF (NASDAQ:MCHI) up by about 16% year-to-date, beating both the S&P 500 and Nasdaq 100, Nio (NYSE:NIO) stock is down by nearly 40% this year.However, a major catalyst is on the way, as Nio has confirmed that it will report its first-quarter earnings on June 6 before the market opens. Last month, the electric vehicle (EV) company delivered 15,620 vehicles, up by 134.6% year-over-year (YOY). That brought year-to-date deliveries to 45,673 vehicles, up by 21.2% YOY.For the quarte ...

Chinese electric vehicle (EV) maker Nio (NYSE:NIO) said it will report unaudited March quarter results on June 6. NIO stock is up about 1% in pre-market trading.CEO William Li said the company will maintain a “premium aura” even after launching its Onvo mass-market cars later this year. Like other Chinese brands, Nio has been buffeted by a price war and hopes to sell cars at $25,000 next year.Nio was due to open in New York this morning at $5.30 per share, a market capitalization of $11 billion. NIO stock i ...

Wall Street can’t seem to get its act straight when it comes to Nio (NYSE:NIO) stock. As my colleague Eddie Pan recently noted, during the first quarter Morgan Stanley (NYSE:MS) was the biggest buyer of the Chinese electric vehicle manufacturer’s stock. The investment house scooped up 10.1 million shares of NIO, increasing its stake in the company by more than half to 28.2 million shares. It has a buy rating on Nio stock and a $10 per share one-year price target, a nearly 100% implied gain from the EV maker ...

SHANGHAI, China, May 22, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its unaudited financial results for the first quarter 2024 on Thursday, June 6, 2024, before the open of the U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on June 6, 2024 (8:00 PM Beijing/Hong Kong/Singapore Time on Ju ...

SHANGHAI, China, May 22, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it will report its unaudited financial results for the first quarter 2024 on Thursday, June 6, 2024, before the open of the U.S. markets. The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on June 6, 2024 (8:00 PM Beijing/Hong Kong/Singapore Time on Jun ...

Andy Feng The Chinese electric vehicle ("EV") space remains highly competitive, but NIO Inc. (NYSE:NIO) continues pushing forward with innovative technologies. It has just launched a lower-priced brand to enter the higher volume space, but the stock has fallen to only $5 with the market losing interest in the EV sector. My investment thesis remains ultra-bullish on the large opportunity ahead for the Chinese EV company, with a high-volume brand utilizing advanced technology from the NIO brand. Source: Finvi ...

NIO Inc. (NIO) ended the recent trading session at $5.26, demonstrating a -1.31% swing from the preceding day's closing price. This change lagged the S&P 500's daily loss of 0.21%. Elsewhere, the Dow lost 0.1%, while the tech-heavy Nasdaq lost 0.26%.The the stock of company has risen by 36.32% in the past month, leading the Auto-Tires-Trucks sector's loss of 0.02% and the S&P 500's gain of 5.04%.Market participants will be closely following the financial results of NIO Inc. in its upcoming release. The comp ...

Nio (NYSE:NIO) stock is down 1.2% this morning after the Chinese electric vehicle (EV) maker launched the first vehicle in its new, low-cost Onvo brand on Wednesday. Indeed, Nio unveiled the Onvo L60 SUV, intended to rival Tesla’s (NASDAQ:TSLA) best-selling Model Y SUV and Toyota’s (NASDAQ:TM) RAV4.The Onvo L60 will start at $30,476 (219,900 yuan), about 12% less than the Model Y. It is also more spacious and uses 10% fewer materials than Tesla’s offering. Nio will begin delivering the L60 in September.“RAV ...