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Nio Inc (NIO) stock surges 10% after Onvo L90 SUV sells out in under 3 hours, fueling strong investor optimism.
Nio stock surged after its Onvo L90 SUV sold out within hours of launch, helping the stock outperform amid broader market softness.
Rich households are willing to pay a premium to own bigger, higher-performance and longer-range cars for their travel needs, analyst says.
Here is a close look at Nio stock, and how analysts expect shares of the EV maker to perform from 2025 to 2030.
Tesla rivals XPeng and Xiaomi reported record July deliveries. Nio, Li Auto and BYD will report China EV sales too.
Shares of Chinese electric vehicle manufacturer NIO are trading higher Thursday. The upward momentum appears to be driven by ...