The Latest Breaking News from NIO

Nio does not plan to build a plant in North America; it aims to import its premium EVs from China where most of its suppliers are.

In October, NIO global electric car deliveries increased by almost 60 percent year-over-year to 16,074 and a small improvement from September (15,641).

VinFast stock is hitting new all-time lows, and trading well below the SPAC IPO price of $10. But despite cratering more than 90% off all-time highs, VFS still doesn't look like a good value.

With the Chinese state providing them with virtually limitless cash, Nio and other Chinese EV makers can withstand big losses and keep growing.

Tesla sold 10% fewer cars in China last month than the same period a year earlier, according to new data from the China Passenger Car Association.

Tesla estimates adjusted as production suspension impacts delivery numbers, but investors remain optimistic

In September, NIO global electric car deliveries increased by around 44 percent year-over-year to 15,641.

NIO saw reduced sales, wider losses, and a steep gross margin decline in the second quarter. While it expects solid long-term growth, expensive valuation, poor fundamentals, and increased competition will likely keep it under pressure. Therefore, it could be wise to buy auto stocks Nissan Motor (NSANY), Renault SA (RNLSY),…

NIO stock has lost almost half of its value from its August closing high, pressured by a risk-off attitude toward growth stocks and a few company-specific issues, too. However, now the EV stock looks like a good buy, especially for long-term investors.