Toyota (NYSE: TM) stock price has surged to a record high even as most EV companies like Tesla, Nio, and Xpeng are languishing. The shares have risen in the past two straight weeks and moved to its highest point on record, valuing the Japanese automaker at over $268 billion. They have soared by over 60% from their lowest level in 2022.Tesla, in contrast, has plunged by over 50% from its all-time high and over 25% this year. Other EV stocks like Nio, Xpeng, Lucid, and Rivian have also plunged, costing invest ...

Let’s be real. Chinese automaker Nio (NYSE:NIO) is not the biggest nor even the best electric vehicle (EV) company or stock on the market. It ranks ninth in market share in China, third-quarter car sales disappointed, and it’s relying upon government cash infusions to keep driving forward. Yet it’s not a complete disaster either. While I wouldn’t be backing up the truck here, a NIO stock analysis indicates risk-tolerant investors should keep an open mind.Nio’s sales are growing, albeit at a slower-than-hope ...

This week isn’t off to a great start for Nio (NYSE:NIO) stock, but the Chinese electric vehicle (EV) maker could have a positive catalyst on the horizon. Nio Capital, the investment firm that boasts Nio founder Li Bin as a partner, has secured a new influx of yuan. This new yuan-denominated fund exceeds 3 billion yuan, equating to roughly $416.8 million.Reuters reports that these new funds are earmarked to “invest in technologies in new energy vehicles, energy transition and smart manufacturing industries.” ...

NIO Inc. (NIO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this company have returned -31.3%, compared to the Zacks S&P 500 composite's +4.6% change. During this period, the Zacks Automotive - Foreign industry, which NIO Inc. falls in, has gained 3.6%. The key question now is: What could be the stock's future direction?While media releases or rumors a ...

Electric vehicle (EV) stocks have been under pressure for several months, and the start of the year just continued that trend. That was especially true for Chinese EV names Nio (NIO -2.98%), XPeng (XPEV -3.31%), and Li Auto (LI -2.78%). Over the past six months, those stocks are all down by between 39% and 64%.Returns in January contributed heavily to those declines. For the month Nio shares lost 38%, XPeng plunged 42.9%, and Li Auto lost 26%. according to data provided by S&P Global Market Intelligence.Rec ...

In the dynamic investment space, the allure of discovering hidden, affordable stocks with the potential for explosive growth is undeniable. Amidst the familiar giants, a trio of stocks, each trading under $15, are plotting their ascent to market prominence. These companies, though residing in disparate sectors—automobile, technology and finance—share a common trait. This is the potential for transformative growth by 2025.Picture this: a Chinese electric vehicle company, the first one, not merely keeping pac ...

The stock market hasn’t been kind to electric vehicle (EV) companies of late. Last year saw a significant slowdown in demand and sent several firms’ stocks spiraling, with Lucid (NASDAQ: LCID) perhaps being the most recognized thanks to the dubious honor of getting kicked off the Nasdaq 100 index.This year has, so far, proven to be just as bad as even Tesla (NASDAQ: TSLA), the major EV stock that stood its ground in 2023, entered into a downtrend.Given the overall trend, it doesn’t come as a surprise that t ...

NIO Inc. (NIO) closed the latest trading day at $5.71, indicating a +1.6% change from the previous session's end. This change outpaced the S&P 500's 1.25% gain on the day. Elsewhere, the Dow gained 0.97%, while the tech-heavy Nasdaq added 1.3%.The company's shares have seen a decrease of 33.88% over the last month, not keeping up with the Auto-Tires-Trucks sector's loss of 11.14% and the S&P 500's gain of 1.58%.Investors will be eagerly watching for the performance of NIO Inc. in its upcoming earnings discl ...

Nio (NYSE:NIO), the Chinese electric vehicle (EV) company that has become a barometer for EVs and China’s economy in general, is rising again. Recent concerns about China’s economy have caused NIO stock to suffer, but delivery news is boosting the stock this morning.Shares rose 3% overnight after the company reported delivering 10,055 vehicles in January, up 18% from a year ago. That topped XPeng’s (NASDAQ:XPEV) 8,250 but trailed hybrid maker Li Auto’s (NASDAQ:LI) 31,165.The market leaders remain BYD (OTCMK ...

SHANGHAI, China, Feb. 01, 2024 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE:NIO, HKEX: 9866, SGX: NIO))) ("NIO" or the "Company"), a pioneer and a leading company in the premium smart electric vehicle market, today announced that it has completed its previously announced repurchase right offer relating to its 0.00% Convertible Senior Notes due 2026 (CUSIP No. 62914VAE6) (the "Notes"). The repurchase right offer expired at 5:00 p.m., New York City time, on Wednesday, January 31, 2024. Based on information from The Deu ...