NIO is a Chinese electric vehicle maker and one of the most high-profile Chinese stocks on the US market. Learn the latest information and analysis on the company, ABC stock price today, stock news, how much one share costs and other information to help you make investment decisions.
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NIO makes a range of EVs, including a sedan, three SUVs and a flashy electric sports car, the EP9. The company already delivered over 42,000 vehicles in the first two quarters of 2021.
The NIO stock price has been falling steadily since the beginning of July 2021 and fell down almost 50% from the beginning of 2022 until April. There have been issues with production due to problems with supply, but this may be a temporary thing.
The company has been delivering satisfactory results and has already become more than an electric car maker. They have a big network of charging and battery swap stations in China and have begun rolling out a network in Europe. The battery-as-a-service model could prove to be very successful for the company.
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