NIO

NIO Inc. (NYSE: NIO) is a leading Chinese electric vehicle (EV) manufacturer, founded in 2014 and headquartered in Shanghai. The company specializes in designing, manufacturing, and selling smart, premium electric vehicles, and is known for its innovative battery-swapping technology, which allows drivers to quickly exchange depleted batteries for fully charged ones.

As of February 22, 2025, NIO's stock is trading at $4.44, reflecting a slight increase of 0.017% from the previous close. The day's trading range has seen a high of $4.69 and a low of $4.425, with a volume of approximately 101 million shares.

In December 2024, NIO delivered 31,138 vehicles, marking a 73% increase compared to the same period the previous year. Despite this growth, the company's stock has faced challenges due to increasing competition in the EV market and concerns over pricing strategies. Additionally, NIO has been investing heavily in research and development, as well as infrastructure expansion, which has impacted its profitability. The company continues to focus on technological advancements and international expansion to strengthen its position in the global EV market.