Is Nio Stock a buy Now?

From Yahoo Finance: 2025-05-25 08:15:00

Shares of Chinese electric vehicle maker Nio dropped 94% from their 2021 peak, facing fierce competition in China and tariff risks. In April, Nio delivered 23,900 vehicles, a 53% year-over-year increase. Nio’s battery-swap service allows quick battery replacement in 3-5 minutes, and its battery-as-a-service model aims to lower initial costs. Nio plans to launch Firefly in Europe this summer. Citi forecasts Nio to deliver 63,000 units in the second quarter, showing strong growth potential. Nio is seeking cost-saving measures to improve profitability amid high operating costs and competition in the market. Regulatory risks and trade tensions pose challenges for Nio’s international expansion efforts. Nio has received support from the Chinese government but has yet to achieve profitability and faces pricing wars in the market. The Motley Fool Stock Advisor highlights 10 stocks for investors to buy now, excluding Nio, emphasizing potential high returns.

Read more: Is Nio Stock a buy Now?