After the event, Nio also confirmed plans to launch a sub-brand called Alps early in 2024. Alps models are expected to price at $28,000, while a second low-end brand called Firefly will price ...
This cheaper brand is meant to target family-oriented buyers, compared to the higher-end upscale market that NIO courts. Previously, ONVO was referred to as “ALPS” by much of the media ...
Firefly – which will be launched alongside another new EV sub-brand known as Alps – was “designed and developed for Europe”, Lihong Qin, president and co-founder of Nio, told journalists ...
Chinese luxury electric vehicle maker Nio stock (NYSE:NIO) has seen a strong rally in recent weeks, rising by about 45% since late August, roughly in line with its peers Xpeng (NYSE:XPEV ...
NIO shares tumbled 7.4% on Monday. Investor disappointment over China's latest economic stimulus measures spread across U.S.-listed Chinese stocks. What To Know: NIO, a key player in China's ...
NIO shares are trading lower by 5.2% Thursday. Investors continue to express doubts about China's latest stimulus measures. NIO Inc – ADR NIO shares are trading lower by 6.72% to $5.14 Thursday ...
I’m initiating NIO stock with a buy for mid- to long-term investors. I expect to see an upside surprise for NIO in 2025 as the company, among other Chinese players, finds a stable footing in ...
Nio (NYSE: NIO) shares are down almost 30% so far this year. But anyone who bought stock in the Chinese electric vehicle (EV) maker more recently has done quite well. Nio shares have soared by ...
NIO remains unprofitable, burning cash, and facing rising geopolitical risks, making it hard to achieve a turnaround without outside financing. Despite rising revenues and vehicle deliveries, NIO ...
NIO, Inc. is a holding company which engages in the design, manufacture, and sale of electric vehicles. Its products include the EP9 supercar and ES8 7-seater SUV. It provides users with home ...
NIO Inc. (NIO) closed the latest trading day at $5.51, indicating a -1.96% change from the previous session's end. This change lagged the S&P 500's daily gain of 0.47%. On the other hand, the Dow ...
Nio (NYSE: NIO) is carving out its lane in China's premium EV segment, with vehicles priced between 298,000 yuan ($41,797) and 598,000 yuan ($83,874). The company's battery-as-a-service model is ...