What Going On With NIO Stock Today?

Benzinga
2025.07.16 16:22
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NIO Inc. shares are down 5.63% to $4.021, reflecting an 18% decline over the past year due to aggressive expansion and cost-cutting amid intense EV price competition in China. The company is set to launch its third-generation ES8 SUV, featuring a 102-kWh battery and a range of 635 kilometers. NIO has rescheduled its annual NIO Day event to the fall to boost fourth-quarter sales. The new ES8 will be larger than its predecessor and may standardize the 100-kWh battery pack for its base model.