The share price of Chinese electric vehicle (EV) manufacturer Nio (NYSE: NIO) has been sustaining a bullish run over the past month, defying the broader market sell-off.
Shares of Chinese electric vehicle (EV) maker Nio (NIO 10.20%) shot higher by as much as 11.4% this morning. The move pushed Nio's American depositary shares to their highest level of the year.
Shares of Chinese electric-vehicle makers surged in Hong Kong on Tuesday, driven by strong sales forecasts for March and a sharp selloff in Tesla's stock overnight. NIO's shares jumped 8.7% by midday, while XPeng rose 6.2%.
Despite posting strong growth figures, Nio stock (NYSE: NIO) has been on a bumpy ride thus far in 2025.
Recently, Zacks.com users have been paying close attention to NIO (NIO). This makes it worthwhile to examine what the stock has in store.
Li Auto and NIO are two Chinese EV players that are on my radar for 2025. For the near-term, I favor Li Auto over NIO, considering Li Auto's more attractive pricing and NIO's higher risk from European tariffs. Li Auto is a more established name in terms of scale and profitability, and NIO continues to fight an uphill battle to expand globally and solve its high cash burn.
NIO, XPeng and Li Auto February deliveries rise 62.2%, 570% and 29.7%, respectively, year over year.
Nio Inc (NYSE:NIO) stock was last seen down 3.8% at $4.45 amid U.S. trade tensions, despite the company reporting strong delivery numbers over the weekend.
Nio (NIO -3.34%) was one of the market's hottest electric vehicle (EV) stocks just over four years ago. The Chinese EV maker's stock closed at its record high of $62.84 on Feb. 9, 2021, marking a 10-fold gain from its IPO price of $6.26 on Sept.
NIO benefits from strong deliveries, network expansion and new product launches amid intense market competition and macroeconomic uncertainties.
Shares of NIO (NYSE:NIO) gained 1.48% on Thursday, continuing a strong run that has seen the stock rise 7.16% over the past five trading sessions.
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