We recently published 10 Stocks with Surprising Gains. NIO Inc. (NYSE:NIO) is one of Tuesday’s top performers. NIO Inc. rallied for a second day on Tuesday, jumping 10.84 percent to close at $5.01 apiece as investors cheered the upcoming launch of a new vehicle next week. On July 31, NIO Inc. (NYSE:NIO) is slated to unveil…
Chinese electric car company Xpeng displays its mass-market Mona M03 coupe inside a headquarters’ showroom in Guangzhou, China, on Aug. 26, 2024. CNBC | Evelyn Cheng BEIJING — Chinese electric car startup Xpeng is keeping up the sales momentum against its rivals, even as BYD expands on its market dominance amid a fierce price war…
We recently published a list of 10 Most Oversold EV Stocks to Buy According to Analysts. In this article, we are going to take a look at where NIO Inc. (NYSE:NIO) stands against other most oversold EV stocks to buy according to analysts. As per PwC, the race for EV adoption has been heating up,…
We recently compiled a list of the 11 Small Cap EV Stocks to Invest In. In this article, we are going to take a look at where NIO Inc. (NYSE:NIO) stands against the other small-cap EV stocks. The global electric vehicle (EV) market continues to expand, driven by the need for sustainable transportation and advancements…
China’s hot electric vehicle market has been gaining investor interest, and one analyst sees potential for the sector to grow further. “China’s EV market is the largest in the world and also delivers fast growth,” Vincent Sun, senior equity analyst at Morningstar said. Sun — who spoke to CNBC Pro on Nov. 1 — remains…
Check out the companies making headlines in midday trading: Spotify — The music streaming platform advanced 2% after Wells Fargo named it a top stock pick . Analyst Steven Cahall cited Spotify’s rising profit margins, strong product mix and evolving record label relationships as catalysts while reiterating an outperform rating on the stock. Robinhood —…
Check out the companies making headlines in midday trading: Nio — The U.S.-listed shares of the Chinese electric vehicle maker climbed 9.5% after Nio announced a 13.3 billion yuan cash injection for its Nio China business. The transactions are expected to be completed by year-end, and will reduce Nio Inc.’s stake in Nio China to…
Check out the companies making headlines before the bell. Nio – U.S.-listed shares surged more than 13% after the Chinese electric vehicle maker announced it will receive a cash injection of 13.3 billion yuan for its Nio China. “Strategic investors” will provide 3.3 billion yuan of that injection, with the rest coming from Nio Inc….
China’s NIO Says 40% Of Its Store Managers Are Ex-Tesla NIO Inc. (NYSE:NIO) shares are trading higher on Thursday. Nio’s Onvo currently has 180 store managers in China, with 40% hailing from Tesla, Inc. (NASDAQ:TSLA) and 27% from Li Auto (NASDAQ:LI), according to Xia Qinghua, head of Onvo’s user and service operations, CnEV Post reports….