Nio launches partnership with Tibber
By Michael Elkins Chinese electric automaker, Nio (NYSE:NIO) announced today that it has launched its partnership with technology energy provider Tibber. Tibber offers a range of services,...
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Nio begins trial operation of high-speed EV battery swap stations
By Michael Elkins Chinese electric vehicle company, Nio Inc. (NYSE:NIO) began trial operation of its faster, more efficient battery-swapping stations in China on Tuesday in the company’s...
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Nio surges as CFO is 'very confident' in 250K vehicle sales target
By Michael Elkins Shares of Nio Inc (NYSE:NIO) are up 2.80% in premarket trading on Wednesday following comments by CFO Steven Feng where he said the company is “very confident” of meeting...
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Barclays cuts Nio to equal weight as losses mount
By Michael Elkins Barclays downgraded Nio Inc. (NYSE:NIO) to an Equal Weight rating (from Overweight) and cut the price target on the stock to $10.00 (from $18.00) following the electric...
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Nio reports soft results, says 2023 focus is on execution efficiency; stock steady
By Senad Karaahmetovic Chinese electric vehicle (EV) maker Nio (NYSE:NIO) reported worse-than-expected {{erl-1096032||Q4 results today. Still, shares trade about 1% higher in premarket...
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NIO Misses Q4 EPS by RMB 1.27, Misses on Revenue, Delivers 40K Vehicles; Offers Q1 Guidance
NIO Inc. (NIO) reported Q4 EPS of (RMB3.07), RMB1.27 worse than the analyst estimate of (RMB1.80). Revenue for the quarter came in at RMB16.06 billion versus the consensus estimate of...
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Nio A ADR earnings missed by ¥1.27, revenue fell short of estimates
Investing.com - Nio A ADR (NYSE: NIO) reported first quarter EPS of ¥-3.07, ¥1.27 worse than the analyst estimate of ¥-1.80. Revenue for the quarter came in at ¥16.06B versus...
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Nio to build new factory for budget EVs
By Michael Elkins Reuters reports Tuesday, citing people familiar with the matter, that Chinese electric vehicle maker Nio (NYSE:NIO) plans to build a factory to produce budget EVs under a...
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Tesla to temporarily halt some production to upgrade Shanghai factory
By Michael Elkins Bloomberg reported today, citing people familiar with the matter, that Tesla (NASDAQ:TSLA) will temporarily halt some production at the company’s Shanghai factory until...
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UBS remains neutral on Nio following GCC 2023
By Michael Elkins UBS reiterated a Neutral rating and $13.00 price target on Nio Inc. (NYSE:NIO) after attending the UBS 2023 Greater China Conference where management shared updates on the...
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Citi remains bullish on Nio following call with management
By Michael Elkins Citi Research reiterated a Buy rating on Nio (NYSE:NIO), with a target price of $23.30 after hosting a business update call with the electric vehicle maker on January 9th....
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Morgan Stanley bullish following Nio’s December sales
By Michael Elkins Morgan Stanley reiterated an Overweight rating and $16.10 price target on Nio (NYSE:NIO) after the electric car maker’s December sales rose 12% MoM and 51% YoY, reaching a...
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Deutsche Bank remains bullish on Nio
By Michael Elkins Deutsche Bank reiterated a Buy rating and $21.00 price target on Nio (NYSE:NIO) following the company’s guidance cut last week. In just the past few quarters, NIO has...
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Morgan Stanley remains positive on Nio following guidance cut
By Michael Elkins Morgan Stanley analysts reiterated an Overweight rating and $16.10 price target on Nio Inc (NYSE:NIO) after the Chinese electric vehicle maker decided to cut 4Q delivery...
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NIO day event's key highlight was its power replenishment technology — Morgan Stanley
By Sam Boughedda Morgan Stanley analysts said in a note to clients Tuesday that at its NIO Day Event on December 24, Nio's (NYSE:NIO) next-generation power replenishment technology was the...
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Nio trades down following 2022 investor event
By Michael Elkins Bank of America Global Research maintained a Buy rating and $15 price target on Nio Inc. (NYSE:NIO). The Chinese electric vehicle maker is down 6.30% in early trading on...
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Nio begins construction of power swap station in Netherlands
By Michael Elkins Electric vehicle company Nio Inc, (NYSE:NIO) began construction of its 7th European Power Swap Station (PSS) on Wednesday, its second in the Netherlands. The station will...
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Nio announces partnership with Giant Panda National Park
By Michael Elkins Chinese electric vehicle maker, Nio Inc. (NYSE:NIO) announced on Wednesday that the company has joined with Giant Panda National Park in China to protect the home of giant...
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Jefferies remains sidelined on Nio
Shares of Nio Inc. (NIO) are up 0.84% in mid-day trading on Monday after Jefferies reiterated a Hold rating on the stock. The electric vehicle maker prides itself as a premium brand,...
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Nio begins deliveries to customers in Sweden
Chinese electric vehicle maker, Nio (NIO) began deliveries in Sweden this week after celebrating the company’s European launch in Berlin a last month. Sweden is the fourth European...
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NIO losses expected to widen on low profitability - China Renaissance
By Sam Boughedda Nio Inc (NYSE:NIO) was cut to Hold from Buy, with its price target lowered to $12.30 per share by China Renaissance analysts in a note Monday. They told investors that NIO's...
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Nio pins hopes on ET5 ramp-up after loss widens in Q3
By Geoffrey Smith Investing.com -- Chinese electric vehicle maker Nio (NIO) said its net loss widened sharply in the third quarter as a sharp rise in input costs hurt margins, adding to the...
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NIO Inc. Misses Q3 EPS by RMB 1.03; Delivers 31,607 EVs; Guides Q4 Deliveries of 43K-48K Vehicles
NIO Inc. (NIO) reported Q3 EPS of (RMB2.11), RMB1.03 worse than the analyst estimate of (RMB1.08). Revenue for the quarter came in at RMB13 billion versus the consensus estimate of RMB14.08...
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Deutsche Bank cuts price target on Nio ahead of 3Q report
By Michael Elkins Deutsche Bank Securities reiterated a Buy rating on Nio Inc. (NYSE:NIO) and cut the price target to $20.00 (From $39.00) ahead of the company's 3Q earnings report. The...
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Tesla, Nio and Renault Earn Top Marks from Green NCAP
By Michael Elkins The Green National Car Assessment Program (Green NCAP) released a new set of results on Monday focused on three vehicles during this latest round — the Tesla Model 3, NIO...
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Nio Releases October Delivery Numbers
By Michael Elkins Shares of Chinese electric vehicle maker, Nio Inc. (NYSE:NIO) are down 1.08% in mid-day trading on Wednesday after the company released their October delivery...
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Two Nio Plants Temporarily Halt Production
By Michael Elkins A local media outlet, 36kr reported on Tuesday that Chinese electric vehicle maker, Nio Inc. (NYSE:NIO) has recently halted production at two plants in Hefei, Anhui...
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SKF and NIO Reach Agreement to Expand Strategic Cooperation
By Michael Elkins SKF announced on their website today that the Swedish bearing and seal manufacturing company has strengthened its relationship through an agreement with Chinese electric...
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Auto Supplier ZF Group Signs Deal with Nio
By Michael Elkins October 11th, German auto parts supplier, ZF Group signed a strategic cooperation agreement with electric vehicle maker, Nio Inc (NYSE:NIO) to cooperate on steering-by-wire...
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Nio Drops as China Announces More Covid Lockdowns
By Michael Elkins Shares of Nio Inc (NYSE:NIO) are down 0.38% in mid-day trading on Tuesday following a rough start to the week as the company dropped 3.5% on Monday on news that China has...
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Nio’s Hungary Plant Ships First Battery Swap Station to Germany
By Michael Elkins Chinese electric car maker, Nio Inc. (NYSE:NIO) celebrated a milestone on Friday with the shipment of the company’s first battery swap station produced by the company’s...
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BoA Bullish on Nio Inc. After Meeting with Management
By Michael Elkins Shares of Nio Inc. (NYSE:NIO) are down almost 2% in premarket trading Monday after the company held management talks with Bank of America Securities analysts. Bank of...
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NIO Earnings miss, Revenue beats In Q3
Investing.com - NIO reported on Wednesday third quarter {{erl-1186384||earnings that missed analysts' forecasts and revenue that topped expectations. NIO announced earnings per share of...
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China EV Stocks Gain on New Stimulus Plan to Drive Car Demand
By Senad Karaahmetovic China’s Ministry of Commerce announced Thursday a set of new measures to drive car demand, including a potential tax break for electric vehicles (EVs) and plans to...
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These Comments from Deutsche Bank Sent EV Maker Nio Stock Surging This Week
By Senad Karaahmetovic Hong Kong-listed shares of Nio (HK:9866) closed 12.44% higher today after Deutsche Bank analyst Edison Yu said the electric vehicle (EV) company is embarking on the...
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