SHANGHAI, China, Dec. 27, 2023 (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 closed the US$2.2 billion strategic equity investment from CYVN Investments RSC Ltd ("CYVN"), an investment vehicle based in Abu Dhabi, as announced on December 18, 2023. In July 2023, CYVN made a US$738.5 million strategic equity investment in the Company and acquired certain Class A ...

Key PointsShares of NIO are rising by 10.8% after the Christmas break; the reasons behind the upside may surprise you.A new model unveiling could be accredited with some of the excitement. Still, one more concrete and fundamental factor is driving the stock's wheel. Analysts and traders seem to be on board; now is the time for NIO to shine.5 stocks we like better than iShares MSCI China ETFSome investors are still feeling the burns from investing in Chinese equities throughout 2023; once considered the darl ...

Nio (NIO 10.81%) stock surged Tuesday. The Chinese electric vehicle (EV) specialist's share price ended the daily session up 10.8%, according to data from S&P Global Market Intelligence.On Dec. 23, the company revealed its ET9 ultra-luxury sedan at its Nio Day event. The company also took the wraps off its new, 5-nanometer (5nm) chip for autonomous driving. The U.S. market was closed for the Christmas holiday on Monday, but investors are showing their excitement for the new luxury vehicle and semiconductor ...

China-based electric vehicle (EV) manufacturer Nio Inc (NYSE:NIO) is one of the best performing stocks on the New York Stock Exchange (NYSE) today. At last check, NIO is 9.4% higher at $9.21, following the unveiling of its newest four-set ET9 EV, a flagship sedan that is planned to rival the likes of Porsche and Mercedes-Benz with an estimated starting price of $112,000.  Options traders are taking notice of the Tesla (TSLA) competitor's announcement. Already today, 351,000 calls and 57,000 puts have crosse ...

Chinese electric vehicle (EV) maker Nio (NIO 8.97%) made a splash over the holiday weekend by introducing some new products. Investors are showing their approval today, with a boost in Nio's shares.The company's American depositary shares jumped as much as almost 10% Tuesday morning and remained higher by 9.3% as of 10:50 a.m. ET.Nio Day impressesAt its annual Nio Day event, the company introduced its new "executive flagship" ET9 sedan. The vehicle will mark the EV maker's first move into the ultra-luxury v ...

In this video, I will talk about Nio (NIO 9.80%), the recent announcements the company made, and what investors should expect from Nio in 2024.*Stock prices used were from the trading day of Dec. 22, 2023. The video was published on Dec. 26, 2023. ...

NIO stock was rising after the Chinese EV maker revealed a new car External linkdesigned for the high end of the market. The bigger deal, though, might be the technology it unveiled as well. ...

Shares of Nio Inc. NIO, +1.57% jumped 3.4% in premarket trading Tuesday, as investors appeared to cheer the China-based electric vehicle maker’s Nio Day 2023 held over the weekend. At Nio Day in Xi’an, China, the company unveiled on Saturday its new four-seater ET9 EV, with deliveries expected to start in the first quarter of 2024. The stock has rallied 15.8% month to date, putting it on track to snap a four-month losing streak in which it tumbled 52.5%. It has shed 13.6% year to date, while the iShares MS ...

Andy Feng In light of a news release by electric vehicle company NIO Inc. (NYSE:NIO), relating to a major strategic equity investment of CYVN Holdings, NIO’s fundamental and chart situation has greatly improved. The news caused NIO’s stock price to increase by only 5% after NIO disclosed this investment, but the stock is gathering strength for a potential breakout above the 200-day moving average line. I think the deal is very significant for NIO as it is the first big deal that includes a major Middle ...

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