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 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 ...