Why Nio Stock Has Been Soaring This Week [Yahoo! Finance]
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Source: Yahoo! Finance
That will also likely be the case at the 2025 Shanghai Auto Show that kicked off this week. Electric vehicle (EV) makers in particular are paying attention to what a trade conflict between the United States and China could mean for the world's largest automotive market. It is against that backdrop that shares of Chinese EV maker Nio (NYSE: NIO) are soaring this week. The stock has jumped by about 16% this week as of Thursday afternoon, according to data provided by S&P Global Market Intelligence . Shares have now gained 35% just since April 8. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Global tariff news have helped support the stock. Trade between the U.S. and China has virtually halted for the time being, and that has given Chinese domestic automakers an advantage in their home market. American automakers like General Motors have been reporting strong growth for EV and hybrid sales in C
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GM
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GM
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