The Latest Breaking News from NIO

Despite macroeconomic concerns, auto sales are likely to rise as a result of pent-up demand and technology advances. Thus, investing in fundamentally sound stock, PACCAR (PCAR), could be an ideal buy for steady returns. However, the fundamentally weak NIO (NIO) could be best avoided now. Read on.

VinFast stock is hitting new all-time lows, and trading well below the SPAC IPO price of $10. But despite cratering more than 90% off all-time highs, VFS still doesn't look like a good value.

In September, NIO global electric car deliveries increased by around 44 percent year-over-year to 15,641.

Futures were little changed even with a government shutdown averted. Here's what to do now. Tesla deliveries are on tap.

NIO saw reduced sales, wider losses, and a steep gross margin decline in the second quarter. While it expects solid long-term growth, expensive valuation, poor fundamentals, and increased competition will likely keep it under pressure. Therefore, it could be wise to buy auto stocks Nissan Motor (NSANY), Renault SA (RNLSY),…

Warren Buffett-backed BYD has almost caught up to Tesla in terms of all-electric BEVs as sales surge. Li Auto led the way among China EV startups.

NIO stock has lost almost half of its value from its August closing high, pressured by a risk-off attitude toward growth stocks and a few company-specific issues, too. However, now the EV stock looks like a good buy, especially for long-term investors.

Launching in China in November, the S7 electric luxury sedan is the first product of the new Luxeed brand, a joint venture between Huawei and Chery Automobile.

The small-cap Russell 2000 improved but remains below its 200-day moving average.