NIO Inc

NYSE: NIO
$3.90
-$0.22 (-5.2%)
Closing price April 15, 2024
NIO Inc., based in Shanghai, China, is a pioneer in the smart electric vehicle market. The company specializes in designing and manufacturing high-end electric SUVs and sedans. Beyond vehicles, NIO offers innovative power solutions like home charging, battery swapping, and mobile charging services, ensuring a seamless driving experience. It also provides comprehensive after-sales services, including maintenance, insurance, and roadside assistance. Founded in 2014 as NextEV, NIO aims to redefine automotive luxury with its focus on technology, service, and sustainability.
Analysts have been cutting ratings and price targets recently, but here are four stocks that defying the downward pressure.
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Shanghai-based EV maker Nio Inc. (NYSE: NIO) raised $1 billion in its September 2018 IPO, selling 160 million American Depositary Receipts (ADRs) at $6.26 per ADR. The company initially expected to...
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