NIO (Chinese: ??; pinyin: W?il?i) is a Chinese multinational automobile manufacturer headquartered in Shanghai, specializing in designing and developing electric vehicles.
What kind of company is NIO?
NIO Inc. is a pioneer in China’s premium electric vehicle market. We design, jointly manufacture, and sell smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence.
What sector is NIO stock?
NIO’s sector is Consumer Discretionary.
Is NIO a software company?
Chinese electric vehicle maker Nio Inc. (NYSE: NIO) is fighting back criticism about its lack of strong software capability by launching a new intelligent operating system, cnEVpost reported Tuesday.NIO OS will adopt the Banyan software architecture for the ET7 sedan and subsequent models from the NT2 platform.
Can you buy a Nio car?
The Chinese electric-vehicle maker NIO is one of the hottest EV stocks traded on U.S. exchanges, but it doesn’t sell any products in the U.S. That could change sooner than investors might expect.Still, it is early, and Yu’s financial model doesn’t include any U.S. sales for NIO even in 2025.
What is so good about NIO?
The thing that really makes Nio stand out is its battery-swapping service. Instead of having electric vehicles plug in to recharge, Nio’s battery as a service (BaaS) strategy allows drivers to simply pull into a battery-swapping station and exchange a depleted battery for a fully charged one in less than five minutes.
What is the target price for NIO stock?
Stock Price Targets
| High | $556.10 |
|---|---|
| Median | $370.73 |
| Low | $172.58 |
| Average | $378.76 |
| Current Price | $34.05 |
Is NIO under Nasdaq?
Among them are Rivian Automotive (NASDAQ: RIVN), Lucid Group (NASDAQ: LCID), and Nio (NYSE: NIO).
What company is NIO Inc spon ads?
Nuveen Municipal Opportunity Fund, Inc.
About NIO INC SPON ADS EACH REP 1 ORD SHS CLASS A
Nuveen Municipal Opportunity Fund, Inc. (the Fund) is a closed-end investment company. The fund seeks current income exempt from regular federal income tax. The secondary investment objective is the enhancement of portfolio value.
What companies work with NIO?
After launch, several companies invested in NIO, including Tencent, Temasek, Sequoia, Lenovo and TPG. Its first model, the NIO EP9 sports car, debuted the same day the brand was established.
Can NIO reach 1000?
2. Nio. Investors can also put their $1,000 to good use by picking up Nio. This stock has slumped over 38% from its all-time high of $66.99 in early January 2021.
Is NIO backed by Chinese government?
During the worst of the pandemic, Nio got a $1.4 billion investment from the Hefei government, integrating it into the local supply chain. The deal made no economic sense, but it solved the scaling problem. Nio could focus on technology and marketing. The government aid sent Nio stock to the moon.
Are NIO cars on the road?
Bj?rn Nyland recently had an opportunity to test drive the NIO ES8, the Chinese 6- or 7-seat SUV that was recently introduced in Norway, at an off-road demo track.
More videos on YouTube.
| Category | Off-Road |
|---|---|
| Make/Model | NIO ES8 |
| Body Style | SUV/Crossover |
Is NIO available in USA?
Don’t expect a NIO factory in the U.S.
If and when NIO decides to sell its cars in the U.S., it’s highly unlikely that the company will set up its own factory there. In fact, NIO doesn’t have its own factory to manufacture the cars it sells in China.
What is the cost of a NIO car?
While Mr. Li envisions electric cars at $25,000 each sometime soon, Nio’s cars are now as expensive as Tesla’s. Nio’s entry-level sedan, the ET7, has a starting price of $58,500 with a 70 kilowatt-hour battery, which can take the car 310 miles.
How do I buy stock in NIO?
How to buy shares in NIO
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock.
- Purchase now or later.
- Check in on your investment.
Will NIO stock go up 2021?
Trading Nio Stock
If the company can begin to execute at a higher level and the market is in a risk-on approach, then Nio stock should experience higher prices. That said, keep in mind that this stock rallied over 3,000% from the 2020 low to the 2021 high in January. The rally from the low in 2019 is even larger.
Who owns the most NIO stock?
Top 10 Owners of NIO Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| Baillie Gifford & Co. | 6.66% | 90,627,004 |
| BlackRock Fund Advisors | 2.94% | 40,080,452 |
| The Vanguard Group, Inc. | 2.76% | 37,577,373 |
| SSgA Funds Management, Inc. | 2.37% | 32,228,822 |
What are analyst saying about NIO?
NIO Inc (NYSE:NIO)
The 25 analysts offering 12-month price forecasts for NIO Inc have a median target of 58.43, with a high estimate of 87.65 and a low estimate of 27.20. The median estimate represents a +71.71% increase from the last price of 34.03.
Is NIO a hold or sell?
NIO has received a consensus rating of Buy. The company’s average rating score is 2.81, and is based on 13 buy ratings, 3 hold ratings, and no sell ratings.
Is NIO being delisted?
NIO – NIO Inc.NIO is not going to be delisted.
Contents