The Latest Breaking News from NIO

Rising auto prices amidst the recessionary fears might create hurdles for the U.S. auto industry this year. Moreover, given the rise in conflict between U.S. and China, avoiding fundamentally weak Chinese auto stocks NIO (NIO) and XPeng (XPEV) could be a wise decision despite their stable monthly deliveries in March.…

NIO increased its global EV deliveries in March, but this time the year-over-year growth rate disappointed and the result itself is lower than in February.

Tesla deliveries hit a record but missed views again, just after TSLA stock broke out. Oil leapt on an OPEC+ output cut.

After a rough start to 2023, China EV sales are generally rebounding. Tesla rivals BYD, Li Auto, Nio and XPeng reported March and Q1 sales.

Though electric vehicle (EV) stocks have taken a downturn in the past twelve months, Wall Street analysts are bullish on these three stocks.

Tesla's China EV registrations fell in the latest week, but are on track for a record. Tesla stock is near a buy point.

Investors tuning into BYD earnings will watch auto margins after the end of subsidies and an ensuing EV price war in China.

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Tesla's price cuts in China have made some models 50% cheaper than they are in the States. At this rate, some automakers in the country stand to be destroyed.

While macroeconomic uncertainties are expected to remain in the near term, rapid EV adoption easing supply chain issues should bolster long-term growth in the auto industry. Hence, fundamentally strong auto stocks Stellantis N.V. (STLA) and General Motors (GM) could be ideal additions to your portfolio. However, fundamentally weak NIO (NIO)…

Nio's CFO said the Chinese EV startup is "very confident" about doubling sales this year.