NIO Inc. (NIO) closed at $7.42 in the latest trading session, marking a +2.34% move from the prior day.
NIO's record deliveries, improving vehicle margin outlook and battery swap edge are helping it outpace BYD as China's EV race tightens.
NIO surpasses 90 million battery swaps, hitting the milestone in just 100 days as its EV network accelerates toward the 100 million mark.
NIO faces a GIC lawsuit over accounting practices. Let's weigh the stock's growth drivers and challenges to assess if it's a buy, sell or a hold now.
In the most recent trading session, NIO Inc. (NIO) closed at $6.75, indicating a -1.17% shift from the previous trading day.
BYD remains the undisputed leader in China EV sales, while NIO remains an aggressively expanding upstart still reeling in loses. While both companies' unit economics have been battered by implications of intensifying local competition and an extended price war, we believe their paths are converging towards an underappreciated moat. The following analysis will dive into how both companies' EV battery strategies differentiate against concentrated developments in connected vehicle technology, and discuss how they're converging to unlock long-term value accretion.
Nio was sued by Singapore's sovereign wealth fund over claims the Chinese electric-vehicle maker juiced its numbers.
The lawsuit alleges that NIO solved a liquidity crisis in 2020 by creating a "superficially independent company."
In the latest trading session, NIO Inc. (NIO) closed at $7.46, marking a -4.97% move from the previous day.
NIO, ROKU and GRPN stand out as the top picks showing strong earnings acceleration that could precede major stock moves.
NIO's Q2 deliveries soared, yet shrinking vehicle margins cast a shadow, spotlighting the tough balance between rapid growth and profit pressure.
NIO hits record Q3 deliveries, up 41% year over year, as strong demand for the new ONVO L90 fuels its growth momentum.