Nio
Analysts explain why Nio, Xpeng, Li Auto stocks fell early in the year and why they may have reached inflection point
Nio, which rose more than 10 times in 2020, has seen its biggest pullback this year at 54%, Xpeng at 62%, and Li Auto at 58%.
Citi upgrades Nio to Buy, raises price target to $58.3
Citi's price target implies the bank sees 51% upside for Nio shares, which were closed at $38.62 as of Friday.
Nio delivered 6,711 vehicles in May, up 95.3% from a year ago
Nio delivered 6,711 vehicles in May, up 95.3 percent from a year ago, but down 5.5 percent from April.
Nio unveils second route of Power Up Plan with 12 destination charging stations
Nio said Tuesday it has opened the second line under the plan - a route covering the mountainous regions of southwestern China from Chengdu via China's National Highway 318.
Nio to unveil second route of Power Up Plan on Tuesday
Under the plan, Nio's ultimate goal is to deploy more than 30,000 destination DC charging piles in China.
Nio establishes new company in Hefei, with registered capital of about $78.5 million
The establishment of the new company in Hefei will facilitate Nio's local operations, including recruitment and research and development. It is also the latest move by the company to increase its bet in Hefei.
With over 1.6 million registered users, Nio app is far from a vehicle management tool
Beyond basic functions, Nio's innovation in its app is probably far underestimated.
Nio has basically made itself a premium brand with average selling price higher than BMW, Audi and Tesla, says CEO
As of the end of April, Nio has delivered 102,803 vehicles in the past nearly three years, with an average selling price of RMB 434,700 ($68,270).
Meet JAC: The OEM that built a world-class factory for Nio
Like many start-up stories, the company, founded 57 years ago, had humble beginnings.
Code name 'Gemini' sparks speculation that Nio could launch entry-level model
A tender announcement issued half a month ago by Nio's OEM JAC was widely reported in the Chinese auto media today, sparking speculation that the electric carmaker will launch an entry-level model.