Many Chinese electric vehicle (EV) stocks are rising sharply, even as U.S. stocks are facing significant declines and experiencing record losses.
Shares of the Chinese electric vehicle company Nio (NIO 10.20%) rose by as much as 11.4% this morning. This increase brought Nio's American depositary shares to their highest point this year.
SHANGHAI, March 11, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a leader in the smart electric vehicle industry, has announced that it will release its unaudited financial results for the fourth quarter and the entire year ending December 31, 2024, on Friday, March 21, 2025, before U.S. markets open.
On Tuesday, shares of Chinese electric vehicle companies rose significantly in Hong Kong, thanks to positive sales predictions for March and a big drop in Tesla's stock the night before. By midday, NIO's shares increased by 8.7%, and XPeng's shares went up by 6.2%.
Even though Nio stock (NYSE: NIO) has shown impressive growth numbers, it has experienced a lot of ups and downs in 2025.
Lately, users of Zacks.com have been very interested in NIO (NIO). This interest prompts us to take a closer look at what the stock might offer.
Li Auto and NIO are two Chinese electric vehicle companies I am watching for 2025. In the short term, I prefer Li Auto because of its better pricing, while NIO faces more risks due to European tariffs. Li Auto is more established in terms of size and profit, while NIO is struggling to grow internationally and manage its high expenses.
In February, NIO, XPeng, and Li Auto saw their deliveries increase by 62.2%, 570%, and 29.7% compared to the same month last year.
Nio (NIO -3.34%) was one of the most popular electric vehicle (EV) stocks in the market a little over four years ago. The Chinese EV company's stock reached its highest point of $62.84 on February 9, 2021, which was a tenfold increase from its initial public offering price of $6.26 in September.
SHANGHAI, China, March 01, 2025 (GLOBE NEWSWIRE) -- NIO Inc. (NYSE: NIO; HKEX: 9866; SGX: NIO), a leader in the smart electric vehicle industry, has shared its delivery results for February 2025.