China EV sales are seen rising in a seasonally strong November, with Nio (NIO) poised for a sharp rebound. Hopes have also mounted for a shift in China’s ultra-strict Covid policy, which has wei...
Tag: NIO
Can NIO stock soar over 100% in 2023? Here’s what the experts say
Chinese electric-vehicle maker Nio Inc (NYSE: NIO) finished trading in the stock market on November 21 at $10.02 −$0.45 (4.30%) and is down a further -$1.88 (-15.83%) over the past five trading sessio...
Tesla stock at two-year low, other EV-maker stocks tank as concerns swirl about China, oil futures
Tesla Inc. TSLA, -6.84% shares and shares of other electric-vehicle makers underperformed the broader market in midday trading Monday, as worries about China’s COVID lockdowns were back to the f...
Tesla’s Chinese Rival Nio Juices Up Its European Expansion
Electric vehicle maker NIO Inc (NYSE: NIO) accelerated its European expansion, TechCrunch reports. The premium EV maker just launched its first power-swapping station in Varberg, Sweden, the company s...
NIO Has Humongous Upside Despite Supply Chain Concerns, High Commodity Costs, Analyst Says
Mizuho analyst Vijay Rakesh maintained a Buy on NIO Inc (NYSE: NIO) and cut the price target to $34 from $40. The Tesla Inc (NASDAQ: TSLA) rival reported soft September quarter revenue and EPS and gui...
NIO shares soar in Hong Kong despite earnings miss
NIO Inc. 9866, +17.06% shares soared in Hong Kong, tracking Wall Street gains overnight as slower-than-expected U.S. inflation buoyed markets and helped investors shrug off the Chinese electric-car ma...
Tesla bull throws in the towel, Nio reports strong sales, Rivian rises on outlook
Here are three big stories moving EV (electric vehicle) stocks today: A Tesla bull throws in the towel After yet another share sale this week by Tesla (TSLA) CEO Elon Musk (and an ensuing stock drop y...
Nio Q3 2022 earnings revenue loss guidance
Employees stand next to a ET7 sedan at a NIO Inc. dealership in Shanghai, China, on Wednesday, June 8, 2022. Qilai Shen | Bloomberg | Getty Images Chinese electric vehicle maker Nio on Thursday report...
State Council Balances Zero Covid & The Economy As Guangzhou Takes Center Stage
China Last Night KraneShares Key News Asian equities were a sea of red, as Singapore and Malaysia managed small gains. The onshore versus offshore dynamic played out again overnight as offshore China,...
BYD’s Wang Chuanfu Explains How China’s No. 1 EV Maker Caught Up With Tesla
This story is part of Forbes’ coverage of China’s Richest 2022. See the full list here. BYD’s Success Puts Him No. 11 On China’s 100 Richest With $17.7 Billion Fortune. The Chinese billionaire whose B...
Tesla stock falls toward first close below $200 in 17 months
Shares of Tesla Inc. TSLA, -5.01% dropped 3.8% in afternoon trading, adding to the 3.6% drop in the previous session, and to put them in danger of the first sub-$200 close in 17 months. Investors in t...
3 Little-Known Chinese EV Stocks Gunning for Nio
Nio (NYSE:NIO) is by far the best-known Chinese EV manufacturer, at least in the U.S. Ask most investors to name a Chinese EV brand, and many would likely struggle to come up with Nio. Beyond that, a ...
Analysts Predicts NIO Stock Price to Take a Leap by Next Year
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XPeng stock sinks toward 11th-straight weekly decline after Citi swings to bearish from bullish
Shares of XPeng Inc. XPEV, -6.39% sank 7.5% toward a record low in afternoon trading Friday, after Citi Research analyst Jeff Chung swung to bearish from bullish on the China-based electric vehicle ma...
XPeng Stock Plunges After Rare Double-Downgrade
Shares for Chinese electric vehicle maker XPeng have just been hammered in 2022—and they dropped even more Friday after a once-bullish analyst said to sell the stock. Citi analyst Jeff Chung doubled-d...
Alibaba, JD, Baidu, and NIO Sink as China Tech Stocks Follow U.S. Selloff
Chinese technology stocks fell on Friday driving the Hang Seng Index to new lows. They seemed to be following U.S. investors who have fled from the sector after a string of disappointing earnings repo...
Have Chinese Stocks Hit Bottom? Alibaba and NIO in Focus
US-listed Chinese stocks had a bit of a meltdown on Monday. All bled profusely after President Xi Jinping’s pivot for absolute power saw him secure an unprecedented third term as Chinese leader. Stuff...
Chinese EV stocks Nio, BYD, Li Auto, Xpeng fell sharply amid selloff
Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022. Nio U.S.-traded shares of Chinese electric vehicle makers were among those hit by a dramatic sell-off Monday,...
China Stocks Plunge In U.S. On Concerns Policy Will Turn Left After Communist Congress
Richard Liu Qiangdong, founder and chairman of JD.com, at the Nasdaq MarketSite in New York in … [+] 2014. Michael Nagle/Bloomberg Shares in Chinese companies traded in the U.S. plunged in trade...
Nio stock dives below $10, Alibaba hits 6 1/2-year low as Xi’s power move fuels fears
The U.S.-listed shares of China-based companies were rocked Monday, as China President Xi Jinping’s moves to consolidate power fueled fears that current policies that have led to a slowing economy wil...
Alibaba and Other China Stocks Jump as President Xi Reassures on Tech
Shares in U.S.-listed Chinese companies were moving higher Monday as investors smiled on comments from a high-profile speech by President Xi Jinping that was supportive of the country’s technology sec...
Mainland Stocks & CNY Stage Mid Day Reversal
China Last Night KraneShares Key News Asian equity markets were mixed as China outperformed. In the words of a Mainland stock broker, it was “an exciting trading day”. Onshore China (Shanghai/Shenzhen...
Sales Fall Again In September At China SUV Leader Great Wall
Wei Jianjun, chairman of Great Wall Motor, in 2019. Photographer: Paul Yeung/Bloomberg © 2019 Bloomberg Finance LP Sales lagged again in September at China’s once high-flying SUV leader Great Wall Mot...
MSCI Solicits China A Share Feedback, Hong Kong Shorts Press Again, Week In Review
China Last Night KraneShares Week in Review Hong Kong returned from its holiday in good spirits as the Hang Seng Index gained +5.9% on Wednesday on multiple catalysts, including Hong Kong reopening fo...
Nio Stock Dives Ahead Of European Launch Event As China EV Makers Take On VW, Tesla
Nio (NIO) is poised for its official launch in Europe, joining a wave of Chinese car brands descending on the world’s second largest EV market after huge success at home. Nio stock sank Thursday...
Real Estate Rebounds On Policy Support, China Begins Golden Week Holiday
China Last Night KraneShares Key News Asian equities were largely off, as Japan outperformed while India and Thailand underperformed. China is closed this week for the National Holiday, while South Ko...
What To Expect After Nio, Xpeng, Li Auto Unleased Slew Of New Electric Models| Investor’s Business Daily
Nio (NIO) hopes to outsell Xpeng (XPEV) and Li Auto (LI) in September and the third quarter, with the Chinese startups due to report EV sales, likely on Oct. 1. X For Nio and Li Auto, new electric veh...
XPeng Stock Gets Another Downgrade. It’s Becoming More Controversial Than Tesla.
Shares of pure-play electric vehicle producers can be controversial on Wall Street. High-growth car stocks can be difficult to value when the traditional auto players trade for less than seven or eigh...