NIO ADR Stock News

Chinese electric vehicle (EV) marker Nio on Sunday announced plans to launch its Firefly cars in Europe in the first half of 2025.

Nio unveiled a lower-cost brand named Firefly on Saturday that it touted as a rival to Mercedes' Smart and BMW's Mini in the Chinese electric vehicle maker's latest bid to broaden its customer base and boost sales.

NIO has continued to report improving gross profit margins and healthy balance sheet, while guiding FY2026 break even. The management's FQ4'24 delivery guidance also underscores the country's healthy consumer demand, thanks to the government subsidies/ tax breaks for EV purchases.

Nio (NIO 3.18%) is a fast-growing Chinese electric vehicle (EV) manufacturer looking to capitalize on a rapidly expanding market opportunity with its focus on high-performance electric SUVs and sedans.

Despite the anticipated headwinds from Donald Trump's ‘drill baby drill' approach, electric vehicle (EV) stocks have recorded exceptional gains in recent weeks.

If you've heard it once, you've probably heard it a hundred times: There's an intense electric vehicle (EV) price war going on in China. The price war has clobbered many automakers' earnings results, and a number of competitors hinted that the situation is likely to get worse in 2025.

Nio Inc. (NYSE: NIO), the Chinese electric vehicle (EV) maker, has seen its stock soar by nearly 15% in December 2024, with a notable 12.36% jump in a single trading session.

NIO's deliveries are booming, with the new Onvo EVs driving a 25% share of run-rate deliveries and maintaining a 20K+ monthly delivery streak. Despite margin risks from low-cost EVs, NIO's valuation is attractive, especially with a major delivery surge expected in 2025, potentially leading to 70% growth. NIO's stock is undervalued, trading at 1.01x leading sales, with potential to double its va...