7 Electric Vehicle Stocks to Buy Before They Speed Ahead
Create a list of the investments you want to track. Chinese electric car nio stock 21Q3 - First deliveries in NorwayNio car company stock price
According to 34 analysts, the average rating for NIO stock is "Buy." The 12-month stock price forecast is $16.84, which is an increase of 103.87% from the latest price. What To Consider Before Investing in NIO Stock Get 14 Days Free
NIO Stock Rises After Release of Monthly Delivery Figures
Among its first investors are Tencent Holdings Ltd. (SEHK: 0700), Xiaomi Corporation (SEHK: 1810), Lenovo Group Ltd. (SEHK: 0992), and Baidu Inc. (NASDAQ: BIDU). The company does not have its own production facilities yet, so to produce electric cars NIO signed an agreement with JAC Motors in May 2016. On 26 April 2022, the 200,000th electric car by NIO rolled off the production line at the JAC-NIO plant in Hefei. In November 2021, the company began construction of its own manufacturing plant. However, the launch scheduled for Q3 2022 was impeded by the quarantine measures in China. Other Popular Stocks Meanwhile, competitors Lucid and Rivian both launched their IPO’s this year. While far from their share price highs, the companies have a combined market valuation of $150 billion, despite delivering almost no vehicles at all.Nio electric car stock price
Nio’s five-seater high-performance premium smart electric SUV, the ES6 comes in Sporty, Performance and Signature editions. The ES6’s pre-subsidy prices begin at: Nio LifeEdit *Data is provided by Barchart.com. Data reflects weightings calculated at the beginning of each month. Data is subject to change.