NIO Stock Recent News
NIO LATEST HEADLINES
Chinese electric vehicle (EV) maker Nio's (NIO 8.20%) stock price jumped 8% on Thursday to close at $4.87, outpacing the broader market after its mass-market sub-brand Onvo reported an explosive start to L90 SUV sales. The stock hit an intraday high of $4.98.
The tariff-driven market volatility has been rough on shares of Chinese electric vehicle (EV) maker Nio Inc.
NIO Inc. (NIO) concluded the recent trading session at $4.83, signifying a -1.83% move from its prior day's close.
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.
Tesla (NASDAQ:TSLA) is the latest EV maker to run over a bit of a roadbump this earnings season.
Over the past decade, many countries prioritized the development of renewable energy solutions to curb their greenhouse emissions. From 2025 to 2033, Grand View Research expects the global renewable energy market to keep expanding at a compound annual growth rate (CAGR) of 14.9% as that secular trend continues.
Are Americans saving enough money to fund a comfortable retirement? Probably not.
Several factors converged this week to make Chinese vehicle manufacturer Nio (NIO 1.97%) a popular stock in the somewhat battered electric vehicle (EV) sector. Almost unarguably the major one was the announcement of a new vehicle, although Tesla's (TSLA 3.49%) latest stumbles also played a role.
NIO trims R&D and SG&A costs, restructures teams and streamlines operations to drive toward breakeven by the fourth quarter.
Nio (NIO -1.93%), a major producer of electric vehicles (EVs) in China, has been a disappointing investment over the past few years. Its stock currently trades at about $5 compared to its initial public offering (IPO) price of $6.26 per American depositary share (ADS) in September 2018 and its record closing price of $62.84 in February 2021.