Zacks.com users have recently been watching NIO (NIO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In April, the monthly deliveries of NIO, XPeng and Li Auto have risen 53%, 273% and 31.6%, respectively, year over year.
The tariff-driven market volatility has been rough on shares of Chinese EV maker Nio Inc.
If you listen to the general narrative in the automotive industry, it's a dire one that warns of highly affordable and advanced Chinese electric vehicles (EVs) sweeping the globe in dominating fashion. There's certainly a lot of truth to that narrative, but many promising EV companies in China are busy battling themselves amid a brutal price war.
It's been a wild ride for investors in Rivian Automotive (RIVN 4.42%) and Nio (NIO -3.47%), filled with ups and downs. Both companies have previously had solid momentum behind them, and faced headwinds, setbacks, or disruptions.
Tariff news has been dominating the discussion in many industries this week, but maybe none more so than in the global automotive sector. That will also likely be the case at the 2025 Shanghai Auto Show that kicked off this week.
The tariff-driven market volatility has not been kind to shares of Chinese EV maker Nio Inc.
NIO's long-term vision looks ambitious, with new brands and tech bets in play. Still, hitting 2025 targets is likely to be the key to winning investor trust.
NIO (NIO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Although less than optimistic, the Wall Street consensus about the potential of Nio (NYSE: NIO) stock is hardly reflective of the beating the Chinese electric vehicle (EV) maker has taken since 2025 started.
Nio (NIO 0.28%), a leading maker of electric vehicles (EVs) in China, currently trades more than 40% below its initial public offering (IPO) price of $6.26 per American depository receipt (ADR) from Sept. 12, 2018. It's also dropped 90% from its record closing high of $62.84 per ADR on Feb. 9, 2021.
The tariff-driven market volatility has not been kind to shares of Chinese EV maker Nio Inc.