NIO Inc. ADR (NIO) News
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NIO News Highlights
- NIO's 30 day story count now stands at 47.
- Over the past 27 days, the trend for NIO's stories per day has been choppy and unclear. It has oscillated between 1 and 6.
- The most mentioned tickers in articles about NIO are LCID, SOFI and EVGO.
Latest NIO News From Around the Web
Below are the latest news stories about NIO Inc that investors may wish to consider to help them evaluate NIO as an investment opportunity.
Shares of U.S. electric vehicle (EV) makers Rivian Automotive (NASDAQ: RIVN) and Lucid Group (NASDAQ: LCID) are bucking the market trend today. The stocks of both start-ups are on the rise, while Chinese EV company Nio (NYSE: NIO) is dropping. As of 12:41 p.m. ET, Rivian and Lucid shares were up 3.1% and about 1%, respectively, while Nio shares remained lower by 1.1%.
To begin with, electric vehicle (EV) manufacturer Nio (NYSE: NIO) has dipped 63% since hitting an all-time closing high in early 2021. Nio's underperformance looks to be the result of Wall Street expecting multiple compression from growth stocks as interest rates rise, as well as worries about persistent supply chain issues tied to the pandemic. In particular, Nio and other auto stocks have had their production constrained by semiconductor chip shortages.
Shares of Chinese electric car company Nio (NYSE: NIO) dropped 2.5% as of 12:15 p.m. ET today on some rather curious news. As DigiTimes Asia reports, the Chinese electric car powerhouse is now looking into making ... cellphones. If true, that sounds like a strange move for Nio, but as DigiTimes explains, it kind of makes sense in an odd way, because Nio "reportedly plans to make its own phones designed specifically to interact with its cars."
In this article, we discuss the 10 auto companies that sold the most EVs in 2021. If you want to skip our detailed analysis of these stocks, go directly to the 5 Auto Companies that Sold the Most EVs in 2021. Electric car sales are making waves across the world as auto firms scramble to […]
Investors hoping to take advantage of today's beaten-down share prices should take a close look at Nio (NYSE: NIO), Lucid Group (NASDAQ: LCID), and Enphase Energy (NASDAQ: ENPH), all of which have dropped to more attractive valuations. Chinese electric vehicle manufacturer Nio's stock price has fallen by nearly 27% so far in 2022, and in the past 12 months, it's down by 58%.
Despite the stock price plummeting, Nio has been able to reduce losses and report outstanding delivery numbers, creating a solid entry point.
Rivian faces a major challenge meeting RIVN stock owners' expectations for scaled production of its electric pickups, SUVs and delivery vans.
The tech sell-off has created the perfect opportunity to buy these game-changing stocks at a discount.
Rivian is down sharply from its peak reached shortly after its IPO as the EV bubble deflates and investors wait for results.
With a new model in line and an entry in the mass industry, Nio is here to take charge of the EV market.