News
NIO
5.22
-1.14%
-0.06
Can A New Model Y Challenger Get Nio Stock Back On Track?
NASDAQ · 4h ago
EV Roundup: NIO Launches Onvo L60, XPEV to Sell Flying Car in 2026 & More
NASDAQ · 18h ago
Xiaomi CEO visits Nio, checks out Onvo L60
Lei Jun visited Nio's office campus in Shanghai and checked out the L60, the first model from the latter's sub-brand Onvo. Lei tried to peddle a concept for a unified in-vehicle eco-system in a meeting with Nio CEO William Li.
CnEVPost · 21h ago
Nio, Xpeng Take Twice As Long As Tesla To Pay Suppliers: What's Ailing Chinese EV Makers?
Chinese EV makers Nio Inc and Xpeng Inc are reportedly taking over 200 days to pay their suppliers. Nio took 295 days to clear its receipts as of the end of 2023, while XPeng took 221 days. Tesla, in comparison, took 101 days. Both companies have been struggling to achieve profitability.
Benzinga · 21h ago
Weekly Report: what happened at NIO last week (0513-0517)?
Weekly Report · 22h ago
Nio's swap stations along highways reach 800, 1/3 support swap on pilot
Nio has reached 800 battery swap stations along highways in China. The electric vehicle maker added 2 new stations today. About one-third of the stations offer Power Swap on Pilot (PSP) services. Nio vehicles can now drive autonomously to a battery swap station and complete a swap automatically.
CnEVPost · 1d ago
Nio, Xpeng taking longer to pay supplier bills, report says
Time it takes some Chinese electric vehicle makers to pay suppliers is increasing, report says. At the end of 2023, Nio was taking 295 days to clear receipts payable, and Xpeng 221 days, compared with 197 days in 2021. The extended payment cycles are a sign of the pressure automakers are facing in China. Tesla takes 101 days to pay its suppliers.
CnEVPost · 1d ago
World's Largest Hedge Fund Bet Big on Apple, Nvidia, and Microsoft Stock
Barron‘s · 1d ago
Li Auto: A Slow Start To A Challenging 2024
Li Auto Inc will announce first-quarter results on Monday. The maker of electric vehicles has had a slow start to the year in terms of deliveries. The company delivered 80,400 vehicles in the first quarter. Demand for the newer Li L6 and Li MEGA models was lower than expected due to a price war in the EV market and macroeconomic factors.
Seeking Alpha · 2d ago
Tesla Sweats Over Approval Of Elon Musk's Pay Plan, Ford's Distress Call To Suppliers, Faraday Future's Mouthwatering Rally And More: Biggest EV Stories Of The Week
Tesla is working to get CEO Elon Musk's compensation package reapproved by shareholders. Ford appeals to suppliers to help reduce costs of its EV business. Tesla raised the price of the Model 3 Performance variant by $1,000 in the last week. The small-cap electric vehicle space rebounded strongly this week.
Benzinga · 2d ago
Consumers have a lower intent to buy electric vehicles than in the last three years
Consumer Consumers have a lower intent to buy electric vehicles than in the last three years. Consumer demand for electric vehicles has cooled off in the . Since a year ago. Other factors said to be contributing to waning EV demand include a lack of affordable vehicles and charging station availability.
Seeking Alpha · 2d ago
Why Is Rent the Runway (RENT) Stock Up 15% Today?
Rent the Runway will release its Q1 2024 earnings report after markets close on June 6, 2024. The company will also hold a conference call that same day. RENT stock is up 1% as of Friday morning and is up year-to-date. There are more stock market stories worth reading on Friday. Nuburu, Cracker Barrel and Nio stock are up today.
Investorplace · 3d ago
Why Is Nuburu (BURU) Stock Up 100% Today?
More than 132 million units of BURU stock changing hands as of Friday morning. The company has announced plans for a public offering of its shares. A meme stock rally has started in the stock market this week. Cracker Barrel (NASDAQ:CBRL) stock, Nio (NYSE:NIO) stock and Greenwave Technology ( NASDAQ:GWAV) are all up today.
Investorplace · 3d ago
EV Market Set For 20-23% Growth, Led By China-Based Companies Like Nio, XPeng, Li Auto: JPMorgan
Morgan’s Global EV Battery team projects a 20%-23% year-over-year growth in 2024 for global EV sales. China will lead this growth, while the European markets will be more muted. China-based EV makers should be on investors’ radar.
Benzinga · 3d ago
Cracker Barrel (CBRL) Stock Falls on 80% Dividend Cut
Cracker Barrel is cutting its quarterly dividend by 80% to just 25 cents per share. This is part of its capital allocation plan to support increased investment and drive organic growth. CBRL stock is experiencing heavy trading on Friday with more than 2 million shares traded. The company also warned that its fiscal Q3 and Q4 2024 earnings will be below estimates. Nio, Greenwave Technology and Faraday Future stock are up on Friday.
Investorplace · 3d ago
What's Going On With Nio Shares Today?
China FAW, formerly China First Automobile Works, is reportedly set to join the battery swap alliance led by Nio. China FAW will become the seventh member of the alliance. Nio shares are climbing higher after starting Friday down. The alliance currently consists of seven members.
Benzinga · 3d ago
Morgan Stanley Bought 10 Million Shares of NIO Stock in Q1
Morgan Stanley Adds million shares of Chinese electric vehicle maker NIO stock. The investment bank increased its stake in the company by a significant amount in Q1 13F activity. The shares of NIO have declined over 35% in the past year. But institutional investors appear to be bearish on the company.
Investorplace · 3d ago
Tesla Faces Stiff Price Competition In China From Latest Entrants Nio's Onvo L60 And Xiaomi SU7
China is the second largest market for Tesla Inc. In the world. Chinese EV maker Nio Inc launched its new sub-brand Onvo on Wednesday. Onvo's L60 mid-size family SUV starts at 12% lower than the Tesla Model Y in the country. Tesla's most popular vehicles in China are the Model 3 sedan and Model Y SUV.
Benzinga · 3d ago
Pre-Market Most Active for May 17, 2024 : GME, AMC, TLRY, SQQQ, NIO, TQQQ, AMD, BEKE, HOOD, ZTO, TSLL, BABA
NASDAQ · 3d ago
China FAW to join Nio battery swap alliance, report says
China FAW will join the Nio-led battery swap alliance, becoming the seventh automaker to do so. Nio plans to add 1,000 new battery swap stations this year. The company currently has 2,416 stations in China. The alliance has seven members, with more brands set to join in the future.
CnEVPost · 3d ago
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About NIO
NIO Inc is a China-based holding company principally engaged in the research, development and manufacturing of premium smart electric vehicles. The Company is mainly engaged in the design, development, manufacture and sales of high-end smart electric vehicles. The Company's products mainly include ES8, ES6, EC6 and ET7. The Company develops battery swapping technologies and autonomous driving technologies. Its electric vehicles apply NAD (NIO Autonomous Driving) technology, including super computing platform NIO Adam and super sensing system NIO Aquila. The Company is also engaged in the provision of charging piles, vehicle internet connection services and extended lifetime warranties. The Company mainly conducts its businesses in the domestic market.