Nio Inc. (NIO) is a Chinese electric vehicle manufacturer that holds a prominent position in the market. Their innovative and high-performance electric vehicles are popular among customers, thanks to their design, technological advancements, and long-range capabilities. Nio also focuses on the development and construction of charging infrastructure. Nio stock is suitable for investors interested in the promising and rapidly growing sector of electric mobility. Add Nio (NIO) to your Bulios watchlist and stay updated on this inspiring journey towards a sustainable future.
Have a great start to the investment week folks. 😊
There's certainly a lot coming up this week, I'm looking forward to more summaries as well, anyway what caught my eye were the short numbers around $NIO, which I noticed is quite popular here. I'm not personally invested because I'm scared of the environment in China, but I understand that some see the potential here and this... Read more
Electric vehicle (EV) manufacturer $NIO seems to be enjoying the fruits of a particularly generous Chinese government of late. China's National Development and Reform Commission "urged local governments to ease restrictions on car purchases and introduce measures to encourage new car purchases."
- Another catalyst for the stock's rise is Tim Hsiao, a Morgan Stanley analyst who takes a more bullish approach to Nio stock. Hsiao raised his price target on Nio stock to $18.70 from $12 ->I like this one a lot
NIO Europe now has 21 battery swap stations $NIO-0.5%. ->not so much because it's woefully short...
So I finally found the reason for yesterday's rise in Nio $NIO.... In a bid to revive its lagging economy, the National Development and Reform Commission (NDRC), the government agency responsible for economic development in China, has said it is keen to bring in private capital to help in the development of major projects across the country, including EV and infrastructure... Read more
Most Asian stocks rose sharply today on expectations that China is close to completing its rate hike cycle for this year, while the prospect of further stimulus measures from China following weaker economic data is also supporting growth.
Yesterday, we saw $NIO stock shoot up more than 11%.
This is because the company's CEO, Li Qiang, predicted at the World Economic Forum on Tuesday that China's economy will grow faster in Q2 than the 4.5% rate it grew at in Q1, and further claimed that it is on track to achieve annual growth of around 5%.
In addition to Qiang's overall bullish view on the Chinese economy,... Read more
As of June 26, Nio $NIO has 1,501 battery exchange stations in China. I note that at the beginning of June it was 1,448, so it is expanding nicely infra in China as can be seen in the image below.
NIO $NIO has signed a share subscription agreement with CYVN Holdings, which will invest approximately $1.1 billion through the purchase of NIO shares. The two companies have also agreed to cooperate on international trade 👌
I know there are quite a few Niofans already here, so I'm adding an update that probably won't bring millions to the coffers, but definitely an interesting extra service 👇
NIO$NIO will launch a trial next month that will give car owners in China the flexibility to rent the company's cars when traveling in Europe. NIO's destination travel service in Europe will begin trial... Read more
"There's no interest in those electric cars, rebates won't help them, it's a dying company."
My base case scenario for the rest of the year and $NIO: Rebates will help boost supply again, which will start to positively impact the company's profits (I'm not counting on profitability yet this year). The target price, in a positive scenario, could be $15 per share by year-end in my... Read more
The urgency for NIO $NIO to increase volumes and cut costs is finally here, says Deutsche Bank. With widespread NIO price cuts and the rapid introduction of new NT 2.0 models, Edison Yu's team believes there could be a significant sales recovery in the second half of the year.
China is a big market and the price cut is definitely an attraction for customers. Plus, demand is probably pretty high there as everyone is trying to target that market in turn.
Just a little bit more and I'll be in profit again 🙏 Nio $NIO gained 8.18% after yesterday's rally, almost +25% in the last 5 days, and we are approaching the $10 mark (my average buy is around $11).
So I'm scouring the internet, see $NIO up another +3% in the premarket, and an article pops up asking Google Bard about $NIO' s share price performance in the coming years. Let's take a quick look at it.
So those are great numbers, and it looks like the company is going to do better and better.
Thanks for the summary :D