The Latest Breaking News from NIO

After a rough start to 2023, China EV sales are generally rebounding. Tesla rivals BYD, Li Auto, Nio and XPeng reported March and Q1 sales.

Though electric vehicle (EV) stocks have taken a downturn in the past twelve months, Wall Street analysts are bullish on these three stocks.

Tesla's China EV registrations fell in the latest week, but are on track for a record. Tesla stock is near a buy point.

Investors tuning into BYD earnings will watch auto margins after the end of subsidies and an ensuing EV price war in China.

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Tesla's price cuts in China have made some models 50% cheaper than they are in the States. At this rate, some automakers in the country stand to be destroyed.

While macroeconomic uncertainties are expected to remain in the near term, rapid EV adoption easing supply chain issues should bolster long-term growth in the auto industry. Hence, fundamentally strong auto stocks Stellantis N.V. (STLA) and General Motors (GM) could be ideal additions to your portfolio. However, fundamentally weak NIO (NIO)…

Nio's CFO said the Chinese EV startup is "very confident" about doubling sales this year.

The Equality Commission is set to recommend a number of improvements to the Northern Ireland Office

Chinese EV giant BYD is reducing shifts at two plants. But the sell-off in China EV stocks is a buying opportunity, Morgan Stanley said.

Tesla China EV registrations rose for a fourth week. Tesla stock has gained ground recently, despite market fears from SVB Financial's crash.