Nio Inc. (NIO)
Chinese EV makers continue aggressive push into Europe under growing threat of tariffs
Nio this week opened a showroom in Amsterdam in the Netherlands, while Xpeng last week launched its G9 and G6 sports utility vehicles in France. The expansion comes amid an ongoing investigation by the European Union into subsidies given to electric vehicle makers in China, which could result in tariffs.
NIO Stock Falls 10% as Investors Reckon With European Tariff Threats
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.
Chinese carmaker NIO unfazed by European tariff uncertainties
Chinese electric car manufacturer NIO plans to continue its European expansion despite tariff uncertainties in the European Union, the company's founder William Li said on Thursday, adding that many complaints made by the EU do not make sense.
NIO Stock Alert: Nio Announces Battery Swap Partnership With FAW
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.
5 Investors Betting Big on Nio (NIO) Stock in Q1
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.
Dear NIO Stock Fans, Mark Your Calendars for June 6
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.
NIO Stock Price Targets: $10 From Morgan Stanley or $5.40 From JPMorgan?
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.
Nio, China's FAW group to cooperate on battery charging, swapping
China's Nio and state-owned automaker FAW Group have signed a strategic cooperation agreement for battery charging and swapping, according to their official social media accounts on Wednesday.
NIO: Expanding The Brand
NIO Inc. is launching a lower-priced brand, Onvo, to enter the higher volume EV market in China. The introduction of Onvo is expected to help increase sales volumes and compete with Tesla's Model Y. NIO needs to reach 20K monthly vehicle sales for the Onvo brand to significantly reduce operating losses.
Here is What to Know Beyond Why NIO Inc. (NIO) is a Trending Stock
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.
Here's Why NIO Inc. (NIO) Fell More Than Broader Market
NIO Inc. (NIO) closed the most recent trading day at $5.26, moving -1.31% from the previous trading session.
NIO Stock Alert: Nio Unveils Its First EV From Low-Cost Brand
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.
