Canada Pension Plan's manager scooped up Apple stock, and cut positions in Tesla, NIO, XPeng, and Li Auto in the first quarter.

China EVs: Losers Will Multiply

08:50am, Sunday, 28'th May 2023
Of 78 EV brands since Jan 2020, 12 are gone and 18 had April sales under 1,000. Only 7 brands (and 8 firms) averaged over 10,000 monthly sales Jan-Apr 2023. Battery EVs peaked at 25.2% of the market i
The electric vehicle sector has experienced exponential growth in recent years, driven by the increasing demand for sustainable transportation options.

Nio stock price analysis: a rude wake up call

02:50pm, Wednesday, 24'th May 2023
Nio (NYSE: NIO) stock price dived by more than 10% on Wednesday as concerns about Chinese electric vehicle companies continued. The shares plummeted to the key support level at $7.6, where it has stru

Why EV Stocks Went Off the Road Wednesday

02:44pm, Wednesday, 24'th May 2023
Stocks moved lower as the debt ceiling debate kept dragging out without progress. XPeng reported quarterly results that were down sharply from year-ago levels.
Loyal investors of China-based electric vehicle (EV) manufacturer Nio (NYSE: NIO ) have suffered staggering losses since early 2021. Could Nio's latest foray into another business venture put NIO sto

Why Nio Stock Crashed Today

11:23am, Wednesday, 24'th May 2023
Overall Chinese demand for EVs continues to grow, but Nio deliveries have been trending downward. Nio is scheduled to report its first-quarter update on June 9.

Why Is NIO Stock Down 11% Today?

11:06am, Wednesday, 24'th May 2023
Nio (NYSE: NIO ) stock is falling on Wednesday and there are a couple of reasons why the EV company's shares aren't doing so hot. First off, investors will note that EV rival Xpeng (NYSE: XPEV ) relea
Shares of Nio Inc. NIO, -0.46% slumped 1.9% in premarket trading Wednesday, weighed down by rival China-based electric vehicle maker XPeng Inc. XPEV, -3.19% reported first-quarter results, which misse
Chinese EV startups Nio and XPeng are banking on new launches to revive EV sales. Nio stock is trading near a key level.
The electric vehicle (EV) industry is at the heart of the worldwide push towards a more sustainable future. As countries work towards reducing their carbon footprints, the demand for EVs is expected t
Nio (NYSE: NIO ) is holding a launch event for its ES6, a luxury electric SUV, tomorrow, May 24 in Shanghai. However, NIO stock is down about 1.5% this morning.

Why Is NIO Stock Up 8% Today?

03:53pm, Monday, 22'nd May 2023
Shares of Nio (NYSE: NIO ) are ripping higher on the day, with NIO stock up about 8% on Monday. It's been holding those gains for most of the session.
U.S.-listed shares of Chinese EV maker Nio Inc. NIO, +8.08% rallied more than 8% Monday, extending their winning streak a second day and outperforming the broader equity indexes by a large margin. The

Why Nio Shares Jumped Higher Monday

11:45am, Monday, 22'nd May 2023
Nio grew deliveries 22% in the first four months of 2023 versus last year. That's not enough to gain needed traction in the highly competitive Chinese EV market.
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