Nio's good days may have just started.Every stock tells a story, but Nio's (NIO -8.47%) is the kind you'd want to grab the popcorn for. The Chinese electric vehicle (EV) stock was having a dismal 2024 until last month when it staged one of the most dramatic comebacks -- after plunging 55.5% in the year through August, Nio stock gained a whopping 65.3% in September alone, according to data provided by S&P Global Market Intelligence.I was confident about Nio stock's recovery in the second half of 2024 and bel ...

On October 8, widespread selling occurred in Chinese stock markets, leading the Hong Kong Hang Seng Index to close 9.41% lower than the previous day — its worst daily performance since 2008.Although most stocks were hit hard — with Michael Burry favorites such as Alibaba Group (HKG: 9988) and JD.com (HKG: 9618) shedding 8.81% and 11.94%, respectively, the worst hit Chinese company was Nio (HKG: 9866), which saw a 14.51% reduction in share price, while its Singaporean component (SGX: NIO) lost 13.89%.NIO sto ...

NIO (NYSE: NIO ) launched their Battery as a Service (BAAS) in August 2020. Since then, NIO has been expanding their charging and swapping network in China to enable their customers to swap batteries more conveniently and quickly. IMore than 15 years of professional investment experience in global equities across all sectors. My investment style is fundamental, bottom-up, long-term, and quality growth-oriented. I am seeking companies specializing in niche markets, with strong growth potential, a solid manag ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Nio has a lot going for it right now, including the third-quarter's record-delivery figure."Let the good times roll" is likely what Nio (NIO 1.04%) investors are saying to themselves right now after the stock soared 65% over the past month. The Chinese electric vehicle (EV) maker has a lot going for it: It just began deliveries of its Onvo L60; it received a cash infusion from strategic investors; and now, it just announced strong September deliveries and a quarterly record.Strong deliveriesNio has quietly ...

NIO (NYSE: NIO ) reported monthly delivery figures for the month of September on Tuesday which included for the first time deliveries of its new ONVO-branded L60 sport utility vehicle... which were highly expected. The ChineseAnalyst’s Disclosure: I/we have a beneficial long position in the shares of NIO, LI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I ha ...

Nio has been on a roll for investors with its soaring stock price, and it just received a little more good news.Nio (NIO 2.56%) has been a fun ride for investors over the past month as its stock price shot up over 65%. It's had a handful of good news items, including China's government stimulus package, the fact that its new more affordable Onvo brand is delivering vehicles, and the company has been receiving more investment. Let's dig in.What's going on?Over the weekend, Nio announced it had received a cas ...

NIO Inc. (NIO) , XPeng Inc. (XPEV) and Li Auto (LI) , the three smart electric vehicle (EV) companies in China, recently posted their respective delivery results for September and the third quarter of 2024.NIO’s deliveries rose 35.4% year over year to 21,181 vehicles in September 2024. The deliveries include 20,349 units of the premium smart EV brand NIO and 832 units of the family-oriented smart EV brand ONVO. In the third quarter of 2024, the company delivered 61,855 vehicles, rising 11.6% year over year ...

After underperforming on the bourses for much of 2024, China’s noted electric vehicle (EV) player, NIO Inc. (NIO) ), has made a solid comeback in the past month. Shares of NIO have rocketed more than 69% over the past month, handily outperforming the industry, sector and S&P 500. The stock has also surpassed the impressive growth of its closest peers, Li Auto (LI) and XPeng (XPEV) , during the same period.One-Month Price Performance Comparison Image Source: Zacks Investment ResearchIn fact, in the last six ...

The primary goal of the Cash Flow Kingdom Income Portfolio is to produce an overall yield in the 7% - 10% range. We accomplish this by combining several different income streams to form an attractive, steady portfolio payout. The portfolio's price can fluctuate, but the income stream remains consistent. Start your free two-week trial today! The global electric vehicle market has grown at a strong pace over the last couple of years, but more recently, industry-wide growth has slowed down, especially in Europ ...