Chinese electric auto-maker Nio Inc. () - Get Report, posted stronger-than-expected first quarter earnings on Tuesday, May 28. Disclaimer. Its stock had cratered to less than $3 a share in New York trading, investors were … All quotes are in local exchange time. 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. Hong Kong (CNN Business)China's wannabe "Tesla killer" is on a wild ride. Li Auto Stock Gets a New Buy Rating. Find the latest NIO Inc. (NIO) stock quote, history, news and other vital information to help you with your stock trading and investing. Since March, the stock has soared by more than 1,000% to $26.50. Only batteries for ES8 cars would be available from this station. NIO added 63 … Nio also enjoys the advantage of Beijing's state … Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Real-time last sale data for U.S. stock quotes reflect trades reported through Nasdaq only. 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’s stock trades below $5, making it a very … 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. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. NIO’s surprise win comes directly on the … For electric vehicle maker Xpeng, Nio’s period of stock swings is a wake-up call for China’s EV startup boom. 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. "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. Despite the 100% growth rate in 2021, Nio still only … Where should I retire? Just seven months ago, Shanghai-based electric vehicle maker Nio (NIO) was seen as a cautionary tale. "[Hefei was] not going to let Nio fail," he said. Historical and current end-of-day data provided by FACTSET. But the cost of that bailout is becoming clear. "[Now] they don't have that pressure of, 'Where's my next paycheck coming from?'". A NIO EP9 sports car on display during the China (Nanjing) International Auto Expo in July. The Tesla rival was founded in 2014 by William Li and filed for a … 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. Investor appetite for the electric vehicle sector has soared in recent months, partly led by enthusiasm for. Something went wrong while loading Watchlist. Privacy Notice, and Big Contrarian Investor Sold Apple, Intel, and Microsoft Stock. It's not just Nio that's on a tear. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. The Chinese EV startup recently took $1 billion of state funding, and the investment helped Nio weather the COVID-19 pandemic. Find real-time NIO - NIO Inc stock quotes, company profile, news and forecasts from CNN Business. Shares of NIO, a China-based electric car manufacturer, are soaring this morning after the company’s Q3 2019 earnings beat investor expectations. In late April 2020, Nio announced ~$1B in new funding from a group of Chinese … All rights reserved. 2020.11.06 13:30 GMT+8 Press Release NIO 100 kWh Battery Launch Event. But the tsunami is coming, Lamborghini goes electric with a hybrid supercar, Volkswagen introduces its new electric hatchback, Yes, this car is solar-powered. View detailed financial information, real-time news, videos, quotes and analysis on NIO Inc. (China) (NYSE:NIO). All rights reserved. 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. The company was founded by Li Bin and Qin Li Hong in November 2014 and is headquartered in Jiading, China. 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. NIO Inc. ADR. By using this site you agree to the Nio (NIO) Tesla’s little brother from China, Nio, is also one of the best electric car stocks to buy for … 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. Intraday data delayed at least 15 minutes or per exchange requirements. NIO and JAC estimate annual production will be 50,000 cars this year and 100,000 for the next three. Intraday Data provided by FACTSET and subject to terms of use. 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. NIO Stock Is Flying on Upbeat Results. The stock is up by about 50% over the last month alone. Factset: FactSet Research Systems Inc.2018. Cookie Notice. Updated 1258 GMT (2058 HKT) October 15, 2020. Le described the investment as a "bailout," a characterization Nio disputes. For the best MarketWatch.com experience, please update to a modern browser. 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. Here’s What It Bought. 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. 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 … Over the past 12 months, NIO stock is up a whooping 1017%, and remains close to its 52-week high. Most stock quote data provided by BATS. Today, NIO, a next-generation car company is showcasing 11 vehicles for their Chinese debut at the 2017 Shanghai International Automobile Industry Exhibition. All times are ET. Subscriber Agreement & Terms of Use, But Analyst Is Cautious on NIO and XPeng. Its products include EP9 supercar and ES8 7-seater SUV. 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. This browser is no longer supported at MarketWatch. 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? There are currently no items in this Watchlist. It probably hasn't hurt that the Chinese EV manufacturer released a solid December car … Between June 28 and Aug. 28, it produced 2,200, or an annual rate of about 13,000. 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 … It’s Still Way Down for 2019. … Log in to see them here or sign up to get started. Have Watchlists? Chinese electric car startup Nio filed for a $1.8 billion IPO and brought on a spate of Tesla-killer headlines. Wall Street has been looking at Nio Limited (NIO) of late, and investors seem to like what they see. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Just seven months ago, Shanghai-based electric vehicle maker. Copyright © 2021 MarketWatch, Inc. All rights reserved. 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. Tesla’s new $950 stock price target at Wedbush is the highest on Wall Street, but the analyst still won’t say buy. 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. Create a list of the investments you want to track. 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. Visit a quote page and your recently viewed tickers will be displayed here. I want to move to the South, I want the beach — and a liberal mindset. But the Shanghai-based startup itself sees a Tesla-shaped headwind in its home country 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. … 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 … Don’t Buy CCIV Stock Now. 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. The company unveiled the ES8, their new vehicle for the China … What happened. In September 2018, the company filed for a US$1.8 billion initial public offering on the New York Stock Exchange. 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. Public offering on the New York stock Exchange quarter earnings on Tuesday, May 28 and its licensors and! Visit a quote page and your recently viewed tickers will be 50,000 cars this year and for. 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