Contents
Don’t expect a NIO factory in the U.S.
If and when NIO decides to sell its cars in the U.S., it’s highly unlikely that the company will set up its own factory there. In fact, NIO doesn’t have its own factory to manufacture the cars it sells in China.May 4, 2021
Don’t expect a NIO factory in the U.S.
If and when NIO decides to sell its cars in the U.S., it’s highly unlikely that the company will set up its own factory there. In fact, NIO doesn’t have its own factory to manufacture the cars it sells in China.
While Mr. Li envisions electric cars at $25,000 each sometime soon, Nio’s cars are now as expensive as Tesla’s. Nio’s entry-level sedan, the ET7, has a starting price of $58,500 with a 70 kilowatt-hour battery, which can take the car 310 miles.
2. Nio. Investors can also put their $1,000 to good use by picking up Nio. This stock has slumped over 38% from its all-time high of $66.99 in early January 2021.
Category | Sales China |
---|---|
Tags | china sales NIO sales sales september 2021 |
Make/Model | NIO ES6 NIO ES8 NIO EC6 |
Body Style | SUV/Crossover |
Thanks to the massive capital raise, NIO won’t just survive but will thrive and grow. In fact, while markets speculated about NIO’s survival in the first quarter of 2020, one overlooked aspect is the backing from the Chinese government.
The ES8 featuring NEDC range up to 580 km, NIO Pilot (advanced driver assistance system), and NOMI (in-vehicle AI system). With sophisticated and elegant design, the ES8 redefines the smart electric flagship SUV.
The seven-seater Nio ES8 claims to accelrate from 0-100 kmph in about 4.4 seconds. Nio ES8 is priced at 448,000 yuan ($67,783) in the Chinese market and will rival the Tesla Model X that costs 836,000 yuan.
There are a lot of medium to long-term catalysts available for the stock, which should propel it higher. The catalysts include its expansion into Europe starting as soon as the second half of 2021 and other potential markets later on. Therefore, NIO stock is very much expected to hit $100 at some point, if not in 2021.
In a tweet, Musk congratulated Nio and also went on to say it was indeed a tough milestone. Congrats to NIO. That is a tough milestone. Musk’s words should come as a surprise, as both Tesla and Nio are pitched against each other in the hot Chinese market.
Nio to release three new electric vehicles as EV market nears “tipping point” Chinese EV maker Nio revealed on Wednesday that it plans to deliver three new EVs in 2022 based on its Nio Technology Platform 2.0, including the already announced ET7, a flagship premium smart electric sedan.
Nio to ramp up production
Another CnEVPost report has said that Nio plans to sell 50,000 units of the ET7 in 2022, which will be the first year of sales for the new model.
The Chinese electric-vehicle maker NIO is one of the hottest EV stocks traded on U.S. exchanges, but it doesn’t sell any products in the U.S. That could change sooner than investors might expect. … Still, it is early, and Yu’s financial model doesn’t include any U.S. sales for NIO even in 2025.
Analysts estimate that NIO will break profit in about than two years, however if the company sustains the current momentum it may surpass expectations and start generating returns sooner.
Stockholder | Stake | Shares bought / sold |
---|---|---|
BlackRock Fund Advisors | 2.82% | -429,299 |
The Vanguard Group, Inc. | 2.71% | +1,407,335 |
SSgA Funds Management, Inc. | 1.90% | +384,556 |
Goldman Sachs & Co. LLC (Private … | 1.45% | +532,073 |
You can’t buy Nio cars in the UK yet, but check out carwow’s pick of the top 10 best electric cars on sale for a range of great EVs.
Category | Off-Road |
---|---|
Make/Model | NIO ES8 |
Body Style | SUV/Crossover |
The standard 70kWh battery will offer a respectable 310 miles of range, while the mid-range 100kWh battery can reach 435 miles on a single charge, 33 miles more than the Model S Long Range Plus’s industry-leading 402-mile range.
Therefore, NIO should be considered a growth play with the ability to create value in the short to near term. BYD, on the other hand, is a better pick for value investors, who prefer to buy wonderful companies at a fair price and hold them for the long term.
It looks great and modern. The built-quality is great, there are no gaps in the panels and it oozes quality. Definitely not according to the stigma of Chinese-made cars. The ES6 comes with a 400-kilometer range, although it’s closer to 250-300.
Best Value Stocks | ||
---|---|---|
Qurate Retail Inc. (QRTEA) | 10.29 | 3.0 |
Sage Therapeutics Inc. (SAGE) | 40.29 | 3.2 |
Annaly Capital Management Inc. (NLY) | 8.66 | 3.8 |
eBay Inc. (EBAY) | 74.72 | 4.0 |
Finance, of 38 analysts who follow Apple stock, 11 rated the stock a “strong buy,” 21 rated it a “buy” and six rated it a “hold.” None of the analysts considered Apple to be an underperformer or recommended that investors sell it. At the market close on Nov. 1, Apple stock was trading at $148.96.
COMPANY NAME | NSE CODE | CMP (18 June’21) |
---|---|---|
Bajaj Finance | BAJFINANCE | 6,087 |
Britannia Industries | BRITANNIA | 3,619 |
Muthoot Finance | MUTHOOTFIN | 1,472 |
Petronet LNG | PETRONET | 226 |
Based on our forecasts, a long-term increase is expected, the “LI” stock price prognosis for 2026-11-09 is 64.324 USD. With a 5-year investment, the revenue is expected to be around +96.35%. Your current $100 investment may be up to $196.35 in 2026.
High | $556.10 |
---|---|
Median | $370.73 |
Low | $172.58 |
Average | $377.32 |
Current Price | $40.57 |
The average analyst price target among the 21 analysts covering Nio is $58.25, suggesting about 60.7% upside from current levels. The Verdict: At today’s price, Nio stock appears to be extremely overvalued based on a sampling of common fundamental valuation metrics.
‘The reality is’ that NIO is verging on ‘dominating the EV market in China and Hong Kong,” the money manager and commentator Louis Navellier says.
We launched our first volume manufactured electric vehicle, the ES8, to the public at our NIO Day event on December 16, 2017 and began making deliveries from June 28, 2018.
At the event, Nio announced its first-ever sedan, named ET7, the Power Swap Station 2.0 and a 150kWh solid state battery pack, among other news. … These models will use Nio Technology 2.0. The company’s long-rumored sportscar, named EF9, could be unveiled at the event, according to ElectricVehicleWeb.
NIO has announced the NIO Day 2021 will happen on December 18. Held in Suzhou, the event promises to reveal exciting news about the Chinese luxury company, especially for those that wanted to have a NIO and could not afford it so far. … The second NIO novelty is a little more mysterious.
Mar 1, 2021 at 8:00 PM EST.
Nio’s Market Cap stood at about $37 billion as of October 28, 2020, with its stock price rising by about 7x year-to-date due to surging investor interest in EV stocks.
Related Searches
can you buy nio cars
nio stock news
nio inc
nio cars in usa price
nio news
nio usa location