A muted reaction after record monthly deliveries were announced yesterday has turned into a surge today.
China is finally showing signs of reopening, and Nio's deliveries are hitting record highs.
COVID-19 restrictions hurt November production and shipments, but investors are wondering why it's competitors didn't have the same problem.
Nio's latest delivery numbers are impressive, but it's tough for the stock to sustain yesterday's momentum.
Nio investors have been skeptical recently, but that may be about to change.
According to the average brokerage recommendation (ABR), one should invest in NIO Inc. (NIO). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations...
For the fourth quarter, XPeng (XPEV) expects deliveries in the band of 20,000-21,000 vehicles, signaling a year-over-year decrease of 49.7-52.1%.
Rushing to buy Chinese electric car stocks after an earnings miss, are investors making a big mistake?
Investors may be reacting to positive short-term news, but a longer-term development also provided them with a boost of confidence.
Some investors are focusing on the fact that the EV stock is at the lowest level in more than two years.