---
title: "Goldman Upgrades Chinese Tesla Rival. New Releases Spur 'Successful Turnaround.'"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294393836.md"
description: "Goldman Sachs has recently upgraded Nio, a Chinese electric vehicle manufacturer, despite ongoing challenges in the country's EV market. This decision has led to a rise of approximately 7% in the company's shares this week. The upgrade follows new product releases by Nio, which are believed to contribute to a potential successful turnaround for the company."
datetime: "2026-07-30T16:10:13.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294393836.md)
  - [en](https://longbridge.com/en/news/294393836.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294393836.md)
---

# Goldman Upgrades Chinese Tesla Rival. New Releases Spur 'Successful Turnaround.'

Goldman Sachs has recently upgraded Nio, a Chinese electric vehicle manufacturer, despite ongoing challenges in the country's EV market. This decision has led to a rise of approximately 7% in the company's shares this week. The upgrade follows new product releases by Nio, which are believed to contribute to a potential successful turnaround for the company.

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