The Latest Breaking News from NIO

Today I'll analyze and compare Rivian Automotive (RIVN) and NIO (NIO) to determine which electric vehicle stock is currently a better buy.

Nio, Inc. (NYSE: NIO) stock has been on a downward spiral since it hit an all-time high of $66.99 in early January 2021. Taking advantage of the retreat, Norges bank accumulated shares of the Chinese EV startup in the fourth quarter of 2021.

Shares of U.S.-listed Chinese tech companies tumbled in Hong Kong on Friday, dragging the benchmark Hang Seng Index into negative territory, on fears of increased scrutiny by American regulators and the escalating Russia-Ukraine war.  

Someone with a lot of money to spend has taken a bullish stance on NIO (NYSE:NIO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Shares of U.S.-listed Chinese tech companies traded higher in Hong Kong on Thursday, lifting the benchmark Hang Seng Index into positive territory after a four-day slump.  

Nio, Inc. (NASDAQ: NIO) shares, which fell to their lowest level in 1-1/2 years on Tuesday, are rebounding from the depressed level. In addition to the broader market strength, the stock is receiving support from the optimism around its planned debut on the Hong Kong stock exchange on Thursday.

Nio Inc. (NYSE: NIO) shares are trading higher Wednesday as they are seeing a strong green day after about a week of bearish movement. The stock has broken support in a long term pattern and has been trending lower since the break.

General Motors Company (NYSE: GM) is rolling out a startup-like import unit that would focus on China’s high-end market, CnEVpost reported on Tuesday, citing a company execu

Reservation holders from NIO's home city of Hefei had the privilege to test drive the ET7 flagship electric sedan before anyone else from March 5.

The EV space was swathed in a sea of red in the week ending March 4, although market leader Tesla, Inc. (NASDAQ: TSLA) and a handful of stocks managed to buck the downtrend. The negative sentiment can be traced back to company-specific catalysts, which pressured stocks.

The electric vehicle (EV) industry is expected to remain under pressure due to increasing supply chain disruptions, rising production costs, and interest rate hikes amid an escalating conflict between Russia and Ukraine. Thus, we think overvalued electric vehicle stocks Lucid Group (LCID), NIO Inc (NIO), XPeng (XPEV), and Fisker (FSR)…