UPDATE 3-Chinese auto recovery on track as vehicle sales rise for ninth month [Reuters]
NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO)
Last nio inc. american depositary shares, each representing one class a ordinary share earnings: 3/18 07:30 am
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Source: Reuters
UPDATE 2-China auto sales head for rebound this year from 2% fall in 2020 By Reuters Staff 3 Min Read (Adds background) BEIJING, Jan 13 (Reuters) - China’s vehicle sales fell for a third consecutive year in 2020, but sales continued to rise in December as the country leads a recovery in the global automobile industry from the COVID-19 pandemic. Sales in the world’s biggest auto market fell 1.9% to 25.3 million vehicles last year from 2019, data from the China Association of Automobile Manufacturers (CAAM) showed. China’s automobile industry was hard hit by the pandemic in early 2020 but started to bounce back in the second quarter, along with the rest of the economy, as the country managed to get the coronavirus largely under control. CAAM said last month it expects vehicle sales to rise by around 4% in 2021. China’s vehicle sales rose 6.4% in December from a year earlier to reach 2.83 million vehicles. While that was down from a 12.6% year-on-year rise in November, it was the ninth
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News
- Here's Why NIO Inc. (NIO) Gained But Lagged the Market Today [Yahoo! Finance]Yahoo! Finance
- VW, BMW Out to Prove They're Not a Spent Force at China Car Show [BNN Bloomberg (Canada)]BNN Bloomberg
- NIO: In Search Of A Bottom [Seeking Alpha]Seeking Alpha
- Xiaomi's Success Means More Trouble for Battered China EV Stocks [BNN Bloomberg (Canada)]BNN Bloomberg
- Nio Inc - (NYSE: NIO) had its "neutral" rating re-affirmed by analysts at Macquarie. They now have a $5.00 price target on the stock.MarketBeat
NIO
Earnings
- 3/5/24 - Beat
NIO
Sec Filings
- 4/9/24 - Form 6-K
- 4/9/24 - Form 20-F
- 4/4/24 - Form SC
- NIO's page on the SEC website