Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. Chinese electric auto-maker Nio Inc. () - Get Report, posted stronger-than-expected first quarter earnings on Tuesday, May 28. Just seven months ago, Shanghai-based electric vehicle maker Nio (NIO) was seen as a cautionary tale. Shares of NIO, a China-based electric car manufacturer, are soaring this morning after the company’s Q3 2019 earnings beat investor expectations. Create a list of the investments you want to track. Analyst Weighs In, With Little Resistance, the Charts Say XPeng Stock Has a Runway to $70, An Ocean of EVs Could Elevate Fisker Stock, Stock Market Movers & Shakers: 5 Big Names in Business Ready to Move Stocks, Nio Stock Could Hit New Highs in 2021; Here’s Why, CIIG Merger Is An Electric Vehicle SPAC to Believe In, 4 Growth Stocks That Are Better Than Bitcoin, The Zacks Analyst Blog Highlights: NIO, XPeng, Tesla, General Motors and Ford. All rights reserved. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. NIO, Inc. (China) is a holding company, which engages in the design, manufacture, and sale of electric vehicles, driving innovations in next generation technologies in … View detailed financial information, real-time news, videos, quotes and analysis on NIO Inc. (China) (NYSE:NIO). What happened. Chinese Market Surge The Chinese EV market is set to surge to 1.8 million vehicles in 2021, up 40% from 1.3 million vehicles last year. But Pounce on the Lucid Motors Merger, 2 Key Reasons Xpeng Stock Belongs On Your Radar, Nio Stock Is a Proper Vehicle to Bet on the EV Revolution, A Perfect Buying Opportunity Presents Itself in Nio Stock, Apple, Amazon, Facebook, Nio and More Friday Afternoon Analyst Calls, XPeng Stock Will Electrify Your Portfolio, 5 Stocks to Buy in 2021 for Rapid-Fire Growth, The EV Bubble Keeping Nio Stock Afloat Needs a Sharp Pin Prick of Reality, NIO Inc. (NIO) Outpaces Stock Market Gains: What You Should Know, Geely (GELYY) Seals Deal With Tencent for Smart Car Technology, Are These 3 Electric Car Stocks Still Worth Buying? NIO Stock Is Flying on Upbeat Results. Disclaimer. The Chinese EV startup recently took $1 billion of state funding, and the investment helped Nio weather the COVID-19 pandemic. Elon Musk's automaker has made important inroads in China, "I feel that Tesla kind of lifted all boats," Le said, pointing to the recent rally in shares of other Chinese carmakers, such as, But he said Nio's rally may have been overdone, as. Nio also enjoys the advantage of Beijing's state … Something went wrong while loading Watchlist. Historical and current end-of-day data provided by FACTSET. There are currently no items in this Watchlist. Tesla’s new $950 stock price target at Wedbush is the highest on Wall Street, but the analyst still won’t say buy. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. Nio, which is backed by Chinese tech giants, Before it had even sold a single car, Nio, An injection of 7 billion yuan ($1 billion) in April by state-backed investors. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. All times are ET. Log in to see them here or sign up to get started. The stock price for Nio (NYSE: NIO), a Chinese premium electric vehicle start-up, continues to surge rising by 19% on Tuesday. A NIO EP9 sports car on display during the China (Nanjing) International Auto Expo in July. Li Auto Stock Gets a New Buy Rating. It probably hasn't hurt that the Chinese EV manufacturer released a solid December car … The company was founded by Li Bin and Qin Li Hong in November 2014 and is headquartered in Jiading, China. In late April 2020, Nio announced ~$1B in new funding from a group of Chinese … Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Factset: FactSet Research Systems Inc.2018. I want to move to the South, I want the beach — and a liberal mindset. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. NIO, the embattled electric car company, is getting a big bailout from Beijing Reuters/Aly Song NIO’s self-driving electric concept car displayed at Shanghai auto show in 2019. Copyright © 2021 MarketWatch, Inc. All rights reserved. The ES8, which starts at 448,000 Chinese yuan ($67,765) is half the starting price of Tesla's 836,000 yuan ($126,470) Model X in China. Despite the 100% growth rate in 2021, Nio still only … NIO 100 kWh Battery Launch Event. Its stock had cratered to less than $3 a share in New York trading, investors were … Today, NIO, a next-generation car company is showcasing 11 vehicles for their Chinese debut at the 2017 Shanghai International Automobile Industry Exhibition. … Chinese electric-car startup Nio aims to become the first Chinese automaker to have a U.S. initial public offering, after filing for a $1.8 billion IPO. Just seven months ago, Shanghai-based electric vehicle maker. But the cost of that bailout is becoming clear. NIO, Inc. (China) is a holding company, which engages in the design, manufacture, and sale of electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Here’s What It Bought. "[Now] they don't have that pressure of, 'Where's my next paycheck coming from?'". The company provides users with home charging, and power express valet service and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. NIO Inc. ADR. Don’t Buy CCIV Stock Now. NIO’s surprise win comes directly on the … Find real-time NIO - NIO Inc stock quotes, company profile, news and forecasts from CNN Business. Chinese electric car startup Nio filed for a $1.8 billion IPO and brought on a spate of Tesla-killer headlines. This robotaxi from Amazon's Zoox has no reverse function, This electric car could have the longest range on the market, Check out Lyriq, the first fully-electric Cadillac, See Ford's electric Mustang prototype with 1,400 horsepower, Review: The Taycan may be electric, but it's still all Porsche, Watch the Tesla Cybertruck's unbreakable windows break, Demand for electric cars has grown slowly. This browser is no longer supported at MarketWatch. But Analyst Is Cautious on NIO and XPeng. It's not just Nio that's on a tear. Its products include EP9 supercar and ES8 7-seater SUV. NIO and JAC estimate annual production will be 50,000 cars this year and 100,000 for the next three. But it still has a plug, This tiny electric car is made for the city, Tesla looks to raise $5 billion by selling more of its red-hot stock. Privacy Notice, and Most stock quote data provided by BATS. Since March, the stock has soared by more than 1,000% to $26.50. Premium electric car maker Nio (NYSE: NIO), often touted as the Tesla (NASDAQ: TSLA) of China, has seen its stock jump 85% year-to-date, following the company’s Q1 earnings beat and … NIO added 63 … The stock is up by about 50% over the last month alone. Fauci says Johnson & Johnson COVID-19 vaccine may get approval in two weeks, Stock-market bulls brace for major gut check as earnings, Fed and GDP loom, 3,000 arrested in Russia protests demanding Navalny’s release, Gamers threaten to defect to PlayStation after Xbox Live price hikes, 3 ways President Biden’s proposed stimulus checks will be different from Trump’s payments, Nio's stock falls 2.1% premarket, after losing 2.1% on Thursday, NIO Inc. ADR rises Friday, outperforms market, NIO Stock Is Surging After Picking Up Another Buy Rating, NIO Inc. ADR rises Thursday, outperforms market, NIO Inc. ADR underperforms Wednesday when compared to competitors, How U.S. Research Damning Electric Cars Is Funded by Saudi Oil Interests, NIO Inc. ADR outperforms market on strong trading day, GM stock soars toward another record after Microsoft partnership on driverless cars. But the tsunami is coming, Lamborghini goes electric with a hybrid supercar, Volkswagen introduces its new electric hatchback, Yes, this car is solar-powered. "[Hefei was] not going to let Nio fail," he said. Big Contrarian Investor Sold Apple, Intel, and Microsoft Stock. It’s Still Way Down for 2019. All quotes are in local exchange time. For the best MarketWatch.com experience, please update to a modern browser. SHANGHAI, China, Jan. 13, 2021 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO) (“NIO” or the “Company”), a pioneer in China’s premium smart electric vehicle market, today announced the pricing of US$650 … By using this site you agree to the Where should I retire? Intraday Data provided by FACTSET and subject to terms of use. Have Watchlists? NIO Inc. ADR falls Friday, underperforms market, NIO Inc. ADR falls Thursday, underperforms market, NIO Inc. ADR rises Wednesday, still underperforms market, Nio prices $1.3 billion in convertible notes, half of which don't pay interest, NIO Inc. ADR falls Tuesday, underperforms market, Stocks Close Slightly Higher as Earnings Season Looms, NIO Stock Drops, Wells Fargo Pops, and the Market Is Heading Higher. But the Shanghai-based startup itself sees a Tesla-shaped headwind in its home country Le described the investment as a "bailout," a characterization Nio disputes. Over the past 12 months, NIO stock is up a whooping 1017%, and remains close to its 52-week high. For electric vehicle maker Xpeng, Nio’s period of stock swings is a wake-up call for China’s EV startup boom. Subscriber Agreement & Terms of Use, Hong Kong (CNN Business)China's wannabe "Tesla killer" is on a wild ride. Troubled Chinese electric-car maker NIO Inc. surged 37% after striking a deal with Intel Corp. ’s Mobileye that aims to bring driverless vehicles to China and other markets. Shares of Chinese electric-vehicle maker NIO () opened lower on Friday, after a Goldman Sachs analyst urged caution and downgraded the stock in a new note.. As of 10 a.m. … Only batteries for ES8 cars would be available from this station. Between June 28 and Aug. 28, it produced 2,200, or an annual rate of about 13,000. Visit a quote page and your recently viewed tickers will be displayed here. "Some of it is, there's just not a lot of good news in other sectors, so a lot of money is coming into EVs," Le added. 2020.11.06 13:30 GMT+8 Press Release Wall Street has been looking at Nio Limited (NIO) of late, and investors seem to like what they see. Find the latest NIO Inc. (NIO) stock quote, history, news and other vital information to help you with your stock trading and investing. Nio’s stock trades below $5, making it a very … All rights reserved. Investor appetite for the electric vehicle sector has soared in recent months, partly led by enthusiasm for. The company unveiled the ES8, their new vehicle for the China … The Tesla rival was founded in 2014 by William Li and filed for a … Updated 1258 GMT (2058 HKT) October 15, 2020. Nio (NIO) Tesla’s little brother from China, Nio, is also one of the best electric car stocks to buy for … Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Intraday data delayed at least 15 minutes or per exchange requirements. In September 2018, the company filed for a US$1.8 billion initial public offering on the New York Stock Exchange. Coupled with its championing of Nio, this puts the company in position to pop when EV acceptance and sales in China reach a critical mass. Cookie Notice. Qin Li Hong in November 2014 and is headquartered in Jiading, China market indices are in! For ES8 cars would be available from this station over the past 12,. Tuesday, May 28 2018, the company was founded by Li Bin and Li. 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