Better Buy: Nio vs. Rivian Stock

07:03am, Friday, 01'st Sep 2023
Shares of both Rivian and Nio are down more than 70% since late 2021. Both EV makers expect a turnaround and are projecting higher deliveries and better margins ahead.
Combined deliveries from Li Auto, NIO, and XPeng total more than 68,000 units in August, a record month, and up from about 25,000 units a year ago.
It has largely been a great year for tech and EV stocks, thanks to the frenzy in artificial intelligence. Also helping matters is the fact that gas prices continue to rise, fueling demand for hybrid a
Nio (NYSE: NIO ) stock is down by about 30% during the past month. A large portion of this decline can be attributed to the Chinese electric vehicle (EV) company's second-quarter earnings report, whic

Is It Too Late to Buy Nio Stock?

05:25am, Thursday, 31'st Aug 2023
Nio's Q2 earnings exceeded Wall Street's low expectations. Its deliveries declined for the second consecutive quarter, but the company expects a strong recovery in Q3 as it ramps up production.
NIO's Q2 earnings report showed declining revenues, expanding losses, and a steep decline in vehicle margins. The Chinese EV sector as a whole is experiencing pressure on vehicle margins, which could
Shares of China-based auto insurance intermediation service provider SunCar Technology (NASDAQ: SDA ) are moving up modestly today. Earlier this morning, the company announced a one-year intermediatio
Get ready, Nio (NYSE: NIO ) stock shareholders. The electric vehicle (EV) company is set to release its self-designed mobile phone in late September.
For the third quarter of 2023, NIO expects deliveries in the band of 55,000-57,000 vehicles, signaling a year-over-year rise of 74-80.3%.
Shares of Nio Inc. NIO, -1.18% slid 2.6% in premarket trading Wednesday, to extend their selloff in the wake of the China-based electric vehicle maker's downbeat second-quarter results but upbeat thir
Tuesday's pop for stocks after some grim job opening data helped the S&P 500 and other indexes trim August losses, though landing in the green for the month still looks like a long shot. Futures sugge
It's another sign of car makers aiming to seize back ground from phone manufacturers when it comes to software in vehicles.
Richard Windsor, founder of Radio Free Mobile, says that's in the same way that "it absolutely makes no sense whatsoever for Apple to make a car."

Why Nio Stock Dropped, Then Recovered Today

03:37pm, Tuesday, 29'th Aug 2023
Nio missed expectations for revenue and earnings in the second quarter. However, the Chinese electric vehicle company offered strong guidance for third-quarter revenue and deliveries.

Electric Growth: 3 Chinese EV Makers to Buy

12:46pm, Tuesday, 29'th Aug 2023
Mass adoption of EVs is taking place as we speak. Stock Strategist Andrew Rocco shows you why buying Chinese EV makers is the move.
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