Nio Inc-class A Stock News

NIO Inc (NYSE:NIO) agreed to bring a Geely Holding Group subsidiary into its battery swapping subsidiary, NIO Power, as a 30% investor while retaining control. The September 28 agreement values NIO Power at approximately RMB16 billion (US$2.38 billion) after the investment, with NIO China retaining 63.6% and an existing investor holding 6.4%.

Nio stock price remains in a bear market this month as concerns about the Chinese EV industry continue. It dropped to $3.50 last week, its lowest level since July last year and 55% from its highest point this year.

AI stocks struggle as a flare-up in oil prices leads to investors ditching risk assets.

Chinese electric vehicle maker NIO said on Monday it had signed a deal with Zhejiang Geely Holding Group on their battery-swapping and charging businesses, in a bid to jointly expand and improve their charging networks.

SHANGHAI, Sept. 27, 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 announced the entry into definitive agreements with certain subsidiaries of Zhejiang Geely Holding Group Co., Ltd. (“Geely Holding Group”) in connection with a strategic transaction in battery swappin...

Amsterdam – HERE Technologies, the world's leading mapping and location data company, and NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a leading company in the global smart electric vehicle market, today announced an expanded collaboration to advance intelligent navigation and future AI-driven driving experiences across Europe.

NIO stock was down again, amid Wall Street downgrades and price target cuts.