What do you think about next week and the results, who will you be watching? I'm clear - $NIO+5.1% 😎

Did you see this news about $NIO+5.1% yesterday?

In response to the upcoming requirement that all taxis in Oslo operate as electric vehicles by November 2024, Oslo Taxi has made a significant choice. The company has decided to partner with Nio Norge as its primary EV provider, marking a significant step towards a more sustainable transport future.

NIO

NIO

$5.55 $0.27 +5.11%

Capital Structure

Market Cap

11.1B

Enterpr. Val.

86.8B

Valuation

P/E

-3.6

P/S

1.2

I would like to include some automotive company stocks in my portfolio, but I don't really understand the sector and it's a sector I need to find out more about. However, I'm trying to follow it somehow and so far I think I like...
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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+5.1%, 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...
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Electric vehicle (EV) manufacturer $NIO+5.1% 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."

NIO

NIO

$5.55 $0.27 +5.11%

Capital Structure

Market Cap

11.1B

Enterpr. Val.

86.8B

Valuation

P/E

-3.6

P/S

1.2

Today we'll take a look at the latest news and updates on Nio $NIO+5.1%, as the last month has been more than just a good one for Nio investors (+52%).

NIO

NIO

$5.55 $0.27 +5.11%

Capital Structure

Market Cap

11.1B

Enterpr. Val.

86.8B

Valuation

P/E

-3.6

P/S

1.2

So I finally found the reason for yesterday's rise in Nio $NIO....+5.1% 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...
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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.

Nio $NIO+5.1% so up +11.8% on HKG today 👌.

NIO

NIO

$5.55 $0.27 +5.11%

Capital Structure

Market Cap

11.1B

Enterpr. Val.

86.8B

Valuation

P/E

-3.6

P/S

1.2

Yesterday, we saw $NIO+5.1% 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,...
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As of June 26, Nio $NIO+5.1% 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+5.1% 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 👌

NIO

NIO

$5.55 $0.27 +5.11%

Capital Structure

Market Cap

11.1B

Enterpr. Val.

86.8B

Valuation

P/E

-3.6

P/S

1.2

China on Wednesday unveiled a 520 billion yuan ($72.3 billion) package to boost electric vehicle sales! $TSLA+0.2%, $GM+0.4%, $F+0.7%, $RIVN-1.6%, $NIO+5.1%, $LCID+0.8%

Tesla

TSLA

$230.29 $0.48 +0.21%

Capital Structure

Market Cap

735.7B

Enterpr. Val.

732.6B

Valuation

P/E

64.7

P/S

7.7

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+5.1% 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...
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"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+5.1%: 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...
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The urgency for NIO $NIO+5.1% 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.

NIO

NIO

$5.55 $0.27 +5.11%

Capital Structure

Market Cap

11.1B

Enterpr. Val.

86.8B

Valuation

P/E

-3.6

P/S

1.2