NIO Stock Recent News

China EV sales for September and Q3 are due Tuesday. Nio surge far outpaces gains for BYD and Tesla.

Nio's (NIO) U.S.-listed shares surged in early trading Monday, after the Chinese electric vehicle maker announced a new investment over the weekend.

Nio gets an injection of fresh capital from its Chinese partners. Nio says it has received stronger-than-expected demand for its newest vehicle.

Nio's stock price is soaring as investors are optimistic about its prospects.

EV shares have had a bumpy year as demand cooled for the vehicles and China's economy struggled.

Following a deal on a massive injection of funds its Chinese subsidiary will receive from strategic investors, the NIO Inc. (NYSE: NIO) stock is already soaring in pre-market trading, signaling further advances as the partners fulfill the obligations set up in this funding.

China's latest stimulus plan is a boost coming at a good time for Nio. Investors hope Tesla's quarterly update will indicate strength in Chinese EV sales.

China is cutting interest rates and preparing to unveil a stimulus package. Nio stands to benefit from lower interest rates and more affordable auto loans.

Nio Inc (NYSE: NIO) opened more than 10% up on Thursday after a JPMorgan analyst issued a super bullish note in its favour. Nick Lai now sees upside in the EV stock to $8.0.

So far this year, the Nasdaq soared more than 18%, whereas one of its listed stocks, electric vehicle (EV) manufacturer NIO Inc. NIO gave investors little to celebrate, down 34.5%, and indicated apprehensions about the slowdown in China's economy.