NIO Inc. Stock
€4.15
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NIO Inc. Stock
NIO is a Chinese electric vehicle manufacturer that was founded in 2014. The company designs, manufactures, and sells electric vehicles, including SUVs and crossovers, and provides associated services such as charging solutions and battery swapping services. NIO has been expanding rapidly in the Chinese market and is seen as a major challenger to Tesla's dominance in the electric vehicle space. The company went public in 2018 and is listed on the New York Stock Exchange (NYSE) under the ticker symbol NIO.
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![Why Nio Stock Plunged 54% in the First Half of 2024, but Could Recover: https://g.foolcdn.com/editorial/images/783678/gettyimages-1447219795.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBeGJZYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--1aacf01def9242bb17181021526bc6a77c07254c/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/gettyimages-1447219795.jpg?locale=us)
Why Nio Stock Plunged 54% in the First Half of 2024, but Could Recover
While most electric vehicle (EV) stocks had a rough start to 2024, Nio (NYSE: NIO) is among the worst-performing EV stocks of the year so far. Shares of the Chinese EV maker plunged 54.1% in the
![This Solid-State Battery Stock Skyrockets on Landmark Deal: https://www.marketbeat.com/logos/articles/med_20240714191523_chartm-qs.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBK1BWYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--a2be5239114fe4c3752fed557be637108f3048c9/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/med_20240714191523_chartm-qs.jpg?locale=us)
This Solid-State Battery Stock Skyrockets on Landmark Deal
Solid-state battery technology company QuantumScape Co. (NYSE: QS) stock awakened, jumping nearly 46% on news of a new agreement with PowerCo, a subsidiary of Volkswagen AG (OTCMKTS: VWAGY)
![Nio's Global Growth Hits a Big Roadblock: https://g.foolcdn.com/editorial/images/783008/nio.jpg](https://www.sharewise.com/rails/active_storage/representations/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaHBBL2JTYkE9PSIsImV4cCI6bnVsbCwicHVyIjoiYmxvYl9pZCJ9fQ==--66385ae344d08f038bb74a6d017c434f84c9e0eb/eyJfcmFpbHMiOnsibWVzc2FnZSI6IkJBaDdCam9MY21WemFYcGxTU0lKTXpVd2VBWTZCa1ZVIiwiZXhwIjpudWxsLCJwdXIiOiJ2YXJpYXRpb24ifX0=--aa36f503a05c343bf077379e5dc8bce118d9db18/nio.jpg?locale=us)
Nio's Global Growth Hits a Big Roadblock
Nio's (NYSE: NIO) stock has declined nearly 60% over the past 12 months and trades almost 30% below its IPO price. The Chinese electric vehicle (EV) maker ran out of juice as its deliveries slowed