CICC
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Chinese investment bank CICC raises Nio price target by 206% to $52
CICC expects Nio to sell nearly 400,000 vehicles by 2025 due to Nio's improving product portfolio and increasing penetration of new energy and luxury vehicles.
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CICC: Global new energy vehicles show inflection point of growth
Since the autumn, the global new energy vehicles to establish a growth inflection point, China investment bank CICC said, adding the medium- and long-term development path is clear.
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Chinese investment bank CICC raises its Nio target price again, as it sees three benefits of BaaS
Nio recently launched its BaaS (Battery as a Service) battery rental service. Chinese investment bank CICC believes that this will improve the company's gross margin, thus injecting new momentum into its car sales and performance improvement.
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Chinese investment bank CICC raises Nio price target to $15
Chinese investment bank CICC raised its price target on Nio as the Chinese EV maker added a record number of new orders in July.
