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Tesla’s Chinese rival NIO scraps factory plan after losses

NIO has an “A” for Trade Grade, Buy & Hold Grade, Peer Grade, and Industry Rank. In the 1115-stock China group, NIO is ranked #3. The Winner. While both TSLA and NIO are strong performers in the electric car industry, NIO is the better buy right now given its solid momentum and revenue outlook.

Nio electric car stock price.
Nio Stock, Electric Car Stocks. Shares of IPO stock Nio slipped 2% to 13.78 in Thursday’s stock market trading.Nio stock is working on a cup base with a new 16.54 buy point, according to.
Electric car maker Nio bucked the soft market for China auto sales to post its fifth straight month of delivery gains in December. Nio stock turned lower.
NIO Stock , NIO. 27.90-0.06-0.21%.. NIO, Inc. (China) is a holding company, which engages in the design, manufacture, and sale of electric vehicles, driving innovations in next generation.

Chinese electric-car marker Nio is not a Tesla “killer” according to Berenberg.; Right now, Nio is dominating China’s market, while Tesla only has around 15% of group sales from China, Berenberg.
J.P. Morgan analyst Nick Lai upgraded the stock of Chinese electric-vehicle maker NIO to Buy from Hold on Wednesday, taking his price target all the way to $40 from $14. That is double NIO’s.
Nio Inc – ADR (NYSE: NIO), one of the best performers year-to-date period, had a strong run in its share price this week.The Chinese electric vehicle manufacturer is on the cusp of capitalizing on.

Electric Car Maker Nio Sees Stock Jump on $990 Million Investment. Paul Ausick. April 29, 2020 10:30 am. The 12-month price target on the stock is $20.86, a pie-in-the-sky number if there ever.
Tesla stock has risen almost 87% this year, while NIO stock has fallen almost 10%. Both of the companies are electric vehicle producers but with different fortunes.
The stock has shed 8.4% during its current losing streak, which followed a six-day win streak in which the stock rallied 11.4%. The stock is now 15.2% below its Aug. 31 record close of $498.32.

Chinese electric car maker Nio listed shares Wednesday on the New York Stock Exchange. The company said the IPO market is tough, partly due to U.S.-China trade tensions.
NIO and JAC estimate annual production will be 50,000 cars this year and 100,000 for the next three. Between June 28 and Aug. 28, it produced 2,200, or an annual rate of about 13,000.
Nio, a Chinese automobile company that designs and manufactures premium electric vehicles, has seen its stock almost double year-to-date. Nio’s Revenues have grown from around $720 million in.

Search Results Featured snippet from the web J.P. Morgan analyst Nick Lai upgraded the stock of Chinese electric-vehicle maker NIO to Buy from Hold on Wednesday, taking his price target all the way to $40 from $14. That is double NIO’s average price over the past month and nearly double where the stock was trading before the bullish call.
Tesla’s little brother from China, Nio, is also one of the best electric car stocks to buy for the next 10 years. The premium EV maker went in reverse in 2019. The Chinese auto market crumbled.
NIO is much more than a car company. NIO designs and develops smart, high-performance, electric vehicles with an aim to be the first “User Enterprise” in the world.

Nio stock is rising on China’s direct investment in the electric car maker By Dana Blankenhorn , InvestorPlace Contributor Aug 11, 2020, 6:01 am EDT August 11, 2020 For investors in 2020, growth.
The Investor Relations website contains information about NIO Inc.’s business for stockholders, potential investors, and financial analysts.
Best Value Electric Car Stocks. These are the car stocks with the lowest 12-month trailing price-to-sales (P/S) ratio. For companies in early stages of development or industries suffering from.

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