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Chinese electric-car startup Nio aims to become the first Chinese automaker to have a U.S. initial public offering, after filing for a $1.8 billion IPO. What happened. A NIO EP9 sports car on display during the China (Nanjing) International Auto Expo in July. NIO, the embattled electric car company, is getting a big bailout from Beijing Reuters/Aly Song NIO’s self-driving electric concept car displayed at Shanghai auto show in 2019. For the best MarketWatch.com experience, please update to a modern browser. NIO Inc. ADR falls Friday, underperforms market, NIO Inc. ADR falls Thursday, underperforms market, NIO Inc. ADR rises Wednesday, still underperforms market, Nio prices $1.3 billion in convertible notes, half of which don't pay interest, NIO Inc. ADR falls Tuesday, underperforms market, Stocks Close Slightly Higher as Earnings Season Looms, NIO Stock Drops, Wells Fargo Pops, and the Market Is Heading Higher. Morningstar: Copyright 2018 Morningstar, Inc. All Rights Reserved. Between June 28 and Aug. 28, it produced 2,200, or an annual rate of about 13,000. In September 2018, the company filed for a US$1.8 billion initial public offering on the New York Stock Exchange. Find the latest NIO Inc. (NIO) stock quote, history, news and other vital information to help you with your stock trading and investing. "[Now] they don't have that pressure of, 'Where's my next paycheck coming from?'". Hong Kong (CNN Business)China's wannabe "Tesla killer" is on a wild ride. All content of the Dow Jones branded indices Copyright S&P Dow Jones Indices LLC 2018 and/or its affiliates. Factset: FactSet Research Systems Inc.2018. Just seven months ago, Shanghai-based electric vehicle maker Nio (NIO) was seen as a cautionary tale. Updated 1258 GMT (2058 HKT) October 15, 2020. 2020.11.06 13:30 GMT+8 Press Release It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. I want to move to the South, I want the beach — and a liberal mindset. But the Shanghai-based startup itself sees a Tesla-shaped headwind in its home country Big Contrarian Investor Sold Apple, Intel, and Microsoft Stock.
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All quotes are in local exchange time. The company was founded by Li Bin and Qin Li Hong in November 2014 and is headquartered in Jiading, China. Shares of NIO, a China-based electric car manufacturer, are soaring this morning after the company’s Q3 2019 earnings beat investor expectations. Nio also enjoys the advantage of Beijing's state … For electric vehicle maker Xpeng, Nio’s period of stock swings is a wake-up call for China’s EV startup boom. NIO 100 kWh Battery Launch Event. Visit a quote page and your recently viewed tickers will be displayed here. Have Watchlists? Here’s What It Bought. Nio, which is backed by Chinese tech giants, Before it had even sold a single car, Nio, An injection of 7 billion yuan ($1 billion) in April by state-backed investors. Troubled Chinese electric-car maker NIO Inc. surged 37% after striking a deal with Intel Corp. ’s Mobileye that aims to bring driverless vehicles to China and other markets. The ES8, which starts at 448,000 Chinese yuan ($67,765) is half the starting price of Tesla's 836,000 yuan ($126,470) Model X in China. The Tesla rival was founded in 2014 by William Li and filed for a … Li Auto Stock Gets a New Buy Rating. NIO Inc. ADR. It’s Still Way Down for 2019. Premium electric car maker Nio (NYSE: NIO), often touted as the Tesla (NASDAQ: TSLA) of China, has seen its stock jump 85% year-to-date, following the company’s Q1 earnings beat and … All rights reserved. Chinese Market Surge The Chinese EV market is set to surge to 1.8 million vehicles in 2021, up 40% from 1.3 million vehicles last year. Despite the 100% growth rate in 2021, Nio still only … NIO Stock Is Flying on Upbeat Results. Analyst Weighs In, With Little Resistance, the Charts Say XPeng Stock Has a Runway to $70, An Ocean of EVs Could Elevate Fisker Stock, Stock Market Movers & Shakers: 5 Big Names in Business Ready to Move Stocks, Nio Stock Could Hit New Highs in 2021; Here’s Why, CIIG Merger Is An Electric Vehicle SPAC to Believe In, 4 Growth Stocks That Are Better Than Bitcoin, The Zacks Analyst Blog Highlights: NIO, XPeng, Tesla, General Motors and Ford. Intraday Data provided by FACTSET and subject to terms of use. Where should I retire? Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Cookie Notice. Between June 28 and Aug. 28, it produced 2,200, or an annual rate about. Li Hong in November 2014 and is headquartered in Jiading, China NIO stock is by... Delayed at least 15 minutes or per Exchange requirements 's wannabe `` Tesla ''... 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