Nio - Truenewj

Should you chase Nio stock’s rally after its surprise profit?

amefika3 months ago02 mins

Nio (NIO) shares rose more than 13% on Tuesday after the Chinese electric vehicle company posted its first quarterly profit of 282.7 million yuan ($41.11 million). In the earnings release, the company said record fourth-quarter deliveries of 124,807 vehicles provided the scale needed to boost revenue to $4.95 billion, while vehicle margins rose to 18.1%….

Top 2 EV Stocks to Buy in December

amefika6 months ago05 mins

The electric vehicle market will continue to expand until the end of the decade. Nio’s sales could increase as it expands domestically and internationally. QuantumScape’s solid-state batteries could make electric vehicles more energy efficient. 10 stocks we like more than Nio › The electric vehicle (EV) market has grown rapidly in recent years, despite the…