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Nio has faced challenges, including widening losses, a 21% year-to-date share price drop, and heightened competition from Tesla (TSLA, Financials) and BYD.
NIO has launched a new chip design subsidiary — Anhui Shenji Technology — in a strategic move to become a full-stack provider of smart driving technologies. The unit will support NIO's vehicle ...
Nio plans to cut spending by 25% to meet Q4 break-even target as CEO William Li mentions R&D consolidation and tighter spending control.
Nio to expand in seven additional European markets working with local partners as part of multi-channel strategy.
NIO and Tesla face challenges, but one seems better placed now. We break down what drives each and which EV stock deserves your attention today.
Innovative electric car maker NIO and leading battery manufacturer CATL have formed a partnership aimed at building the world's largest battery swapping network, while also promoting unified ...
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Is NIO Stock a Buy?NIO is a Moderate Buy based on nine Buys, four Holds, and one Sell rating assigned by analysts in the past three months.
NIO previously implied that its sophisticated chip could handle more than 1,000 trillion operations per second (TOPS), comparable to the combined total of four NVIDIA DRIVE Orin chips on 7nm, and is ...
Nio and Rivian have both plunged nearly 90% from their all-time highs. Nio's growth is slowing down and its margins are crumbling. Rivian's track record of overpromising and underdelivering drove ...
Nio stock has performed the worst of its peers, declining by about 18% year-to-date, and still remains down by over 85% below all-time highs seen in 2021.