NIO Inc
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Consumer Discretionary : Automobiles |
Based in China
Company profile

Nio, Inc. designs, manufactures and sells smart and connected electric vehicles. It manufactures autonomous driving electric vehicles integrated with next generation technologies and artificial intelligence. It manufactures ES8, which is a seven-seated all aluminum alloy body electric sports utility vehicle (SUV). It is equipped with e-propulsion system which is capable of accelerating from zero to 100 km per hour in 4.4 seconds and delivering a New European Driving Cycle driving range of up to 355 Kilometers (km) and a maximum range of up to 500 km in a single charge. It is also focused on providing vehicle charging solutions, which include Power Home, Power Swap, Power Mobile and Power Express service. It also offers various value-added services to its users, such as statutory and third-party liability insurance and car damage insurance through third-party insurers, repair and routine maintenance services, courtesy car during lengthy repairs and maintenance and roadside assistance.

This security is an American depositary receipt
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Closing Price
$30.95
Day's Change
0.47 (1.54%)
Bid
--
Ask
--
B/A Size
--
Day's High
31.32
Day's Low
30.08
Volume
(Light)
Volume:
34,862,552

10-day average volume:
54,990,302
34,862,552

NIO Inc. ADR Falls Tuesday, Underperforms Market

5:11 pm ET November 9, 2021 (MarketWatch)
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This article was automatically generated by MarketWatch using technology from Automated Insights.

The NIO Inc. ADR (NIO) slid 5.93% to $40.64 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the NASDAQ Composite Index falling 0.60% to 15,886.54 and Dow Jones Industrial Average falling 0.31% to 36,319.98. NIO Inc. ADR closed $26.35 short of its 52-week high ($66.99), which the company achieved on January 11th.

The ADR demonstrated a mixed performance when compared to some of its competitors Tuesday, as Tesla Inc. (TSLA) fell 11.99% to $1,023.50, Toyota Motor Corp. ADR (7203.TO) fell 2.30% to $176.32, and Ferrari N.V. (RACE) fell 1.56% to $256.67. Trading volume (47.7 M) eclipsed its 50-day average volume of 35.8 M.

Data source: Dow Jones Market Data, FactSet. Data compiled November 9, 2021.

-MarketWatch Automation

	

(END) Dow Jones Newswires

November 09, 2021 17:11 ET (22:11 GMT)

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