The Latest Breaking News from NIO

The EV industry witnessed solid growth over the past years, driven by technological advancements and supportive government policies. However, material inflation, supply chain issues, high vehicle prices, and mounting economic concerns could hamper the industry’s growth this year. Hence, it could be wise to avoid fundamentally weak EV stocks Lucid…

The DUP has said it will continue to block the election of a speaker at Stormont as part of its protest against the NI Protocol.

NIO has just released its global electric car sales results for the month of January and it seems that the year 2023 begins in the red right from the start.

As we noted, Tesla's price cuts are seemingly impacting the entire global auto industry, and the move could work to help consumers more easily afford EVs.

Stocks rallied into the Fed rate hike decision, amid big earnings and other news. AMD, Snap were key movers late.

Nio plans to appeal the court ruling.

Audi won a copyright case against Chinese EV maker Nio, with a sales ban imposed on the Asian-based company’s ES6 and ES8 models in Germany.

Supply chain disruptions, mounting economic concerns, and high vehicle prices are all contributing to declining optimism about EV adoption. Hence, it could be wise to avoid fundamentally weak EV stocks NIO Inc. (NIO), Lucid Group (LCID), Nikola (NKLA), and Mullen Automotive (MULN). Read on….

Nio grew EV sales solidly in 2022 despite big headwinds. Hopes are high for 2023, with Nio stock off bear market lows.