The Latest Breaking News from NIO

Concerns over a possible recession because of the Fed’s aggressive interest rate hike to control the surging inflation have led to massive selling pressure in the stock market over the past few weeks. Despite significant price declines, large-cap stocks Uber Technologies (UBER), NIO (NIO), Snap (SNAP), Lucid Group (LCID), and…

Nio, Inc (NYSE: NIO) surged almost 8% higher on Monday morning before being pressured down by the general market, which saw the S&P 500 struggling to trade flat to Friday’s closing price.

Billionaire investor George Soros' Soros Fund Management has worked around with its electric vehicle portfolio in the first quarter, according to a 13F filing submitted to the SEC on Friday.

The EV space was broadly lower in the week ending May 13, although closing off their lows. The industry took cues from the broader market, which went through a steep sell-off early in the week before recovering on Friday. Market leader Tesla, Inc.

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Nio Inc (NYSE: NIO) is bumping up the price of its premium electric sedan ET7 from May 23 onwards due to an increase in global raw material prices, CnEVpost 

Shares of U.S.-listed Chinese companies traded higher in Hong Kong on Friday, after ending the previous session deep in the red.

Shares of U.S.-listed Chinese electric automakers Nio Inc.

Norges Bank, the central bank of Norway and the sponsor of the world's biggest sovereign wealth fund (the Norwegian Oil Fund), has substantially changed its allocation toward electric vehicle stocks in the first quarter.