China-based electric vehicle (EV) company NIO Inc. NIO released mixed third-quarter results yesterday. Quarterly losses were wider than expected and revenues missed estimates. However, vehicle margins ...
It also derailed the industry projection of cost parity of NEVs with ICEs, affecting NEV adoption in the long run. Nio has successfully built its premium brand image, which will differentiate the ...
The daily chart shows that the Nio share price has been on a steep sell-off in the past few weeks. It has dropped from $7.71 in October to $4.50 today. Along the way, it moved below the important ...