NIO ADR Stock News

Nio stock has slumped sharply this year and is now hovering at its lowest level since April last year. This retreat continued as the company published its October vehicle delivery numbers, which showed that its growth was losing momentum.

34,246 vehicles were delivered in October 2026 334,547 vehicles were delivered year-to-date in 2026, increasing by 38.5% year-over-year Cumulative deliveries reached 1,332,139 as of October 31, 2026 SHANGHAI, Nov. 01, 2026 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO) (“NIO” or the “Company”), a pioneer and a leading company in the global smart electric vehicle market, today an...

Chinese EV stocks are in a strong freefall this year as demand among customers wanes and as the government stops prioritizing the industry. Nio stock has slumped to $3.29, down by over 53% from its highest point this year and by 95% from its all-time high.

Autumn has traditionally been the peak time to buy vehicles in China, but this year many showrooms are empty or shut. An unstable job market and a continued slide in property prices have undercut consumer confidence in the country.

Retail sales of passenger cars in China fell 28.0% in September from a year earlier, as the traditional peak season failed to bring cheer.

Nio stock has continued its downward spiral this month after a report showed that the company's business is slowing. The shares fell to HK$26.95 in Hong Kong on Monday, more than 50% below their peak for the year.

Polestar reported a slight rise in third-quarter retail sales on Thursday, a few months after Washington ​effectively barred the China-linked electric vehicle maker from ‌selling new cars in the country from the next model year.

Chinese electric-vehicle makers recorded subdued September sales growth that pointed to slowing demand in the world's largest auto market, sending shares lower in Hong Kong.