Nio, a leading Chinese Tesla rival, has been one of the top laggards in the EV industry over the years. Its stock plunged from $67 in 2021 to below $5 today, as it faced numerous challenges.
Wall Street analysts are expecting 2023 to be a good year for Nio shares. Let's break down one Nio bull's forecast for the Chinese electric vehicle maker. How might this EV stock see such a ...
NIO's January deliveries rose 37.9%, and the company is set for potential inclusion in a major Hong Kong stock index ... battery swap services in a single day, marking a notable peak in demand.
NIO (NYSE: NIO) has fallen a long, long way. In 2021, NIO stock sold for more than $60 apiece. Today, the price is beneath $5. The share price has halved in the past year, though the five-year ...
Still, Wall Street likes Nio's fundamentals and still forecasts huge upside for its stock. If you're considering an investment in EVs, here's why you might want to keep a close eye on Nio.
Furthermore, NIO plans to accelerate its international market entry in 2025 with NIO, ONVO and Firefly products. NIO shares are currently trading above the 50-day and 200-day moving averages ...
Nio (NYSE: NIO) might be making progress on several fronts, but the stock hasn't been reflecting it. And now, one Wall Street analyst has cut his firm's price target on the Chinese electric ...
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