Is NIO Available In USA?

Is NIO a good long term investment?

NIO stock is a long-term winner finding strong technical support at $40.

Chinese premium electric vehicle maker Nio (NYSE:NIO) has been one of the hottest companies on Wall Street in 2020.

NIO stock came into the year around $4.

In late November, the stock soared above $55..

Is NIO The Chinese Tesla?

But Tesla isn’t the only electric car company seeing its stocks surge dramatically this year. Chinese startup car manufacturer NIO is a relatively young electric vehicle (EV) company from Shanghai.

Is Volvo owned by China?

Volvo Car Group (Volvo Cars) is owned by Zhejiang Geely Holding (Geely Holding) of China. Volvo Cars formed part of the Swedish Volvo Group until 1999, when the company was bought by Ford Motor Company. In 2010, Volvo Cars was acquired by Geely Holding.

What will NIO stock be worth in 5 years?

Based on our forecasts, a long-term increase is expected, the “NIO” stock price prognosis for 2025-12-23 is 398.821 USD. With a 5-year investment, the revenue is expected to be around +718.26%. Your current $100 investment may be up to $818.26 in 2026.

Does NIO have a future?

Analysts expect Nio to more than halve losses to 67 cents a share in all of 2020, then further pare losses to 45 cents a share in 2021, according to Zacks Investment Research. Revenue is seen more than doubling in all of 2020 and nearly doubling in 2021.

Is Honda owned by China?

(GAC Honda), a joint venture company of Honda in China, today announced that it will absorb its wholly owned subsidiary, Honda Automobile (China), Co., Ltd., effective April 1, 2020….About Honda Automobile (China) Co., Ltd.Established:September 2003Key production model :City (export for Mexico)8 more rows•Mar 29, 2020

Which Chinese car brand is best?

Top 10 Chinese Car BrandsChery 奇瑞 Chery is an automobile brand headquartered in Wuhu city. … Geely 吉利 Geely is a Chinese automotive brand based in Hangzhou city, Zhejiang province, China. … Dongfeng Motor 东风 … Foton Motor 福田 … BYD Auto 比亚迪 … Brilliance Auto 华晨 … Tianma Auto 天马汽车 … JAC Motors 江淮More items…

How many cars has NIO sold?

SalesCalendar yearEP9Total201810*8,111*2019029,07620200*14,169*Total16*51,356*2 more rows

How is Nio doing in China?

But for Chinese electric-vehicle maker Nio, NIO 0.74% 2020 has turned into a terrific year following a near-death experience in 2019. Nio’s New York-listed shares have risen more than 1,000% this year, valuing the company at $63 billion—and making it worth more than General Motors.

Can you buy NIO in the US?

People in the US and Europe cannot wait to get their hands on the NIO car. The people that cannot wait to get their hands on the NIO car in their own country can make the choice to let someone buy an NIO car for them in China and ship it to the US or Europe.

Is NIO better than Tesla?

Tesla Is The Safer Bet Overall, while Nio’s faster recent growth and unique innovations such as Battery as a Service (BaaS) – which allows customers to subscribe for car batteries, rather than paying for them upfront – are no doubt interesting, we think it remains a riskier investment compared to Tesla.

Is NIO making money?

Nio’s Revenues have grown from around $720 million in 2018 to about $1.12 billion in 2019, as its vehicle deliveries grew from around 11,300 units to about 20,600 units. … Nio reported about $1.12 billion in Total Revenues for full-year 2019.

Why is NIO stock down?

NIO said that it will sell up to 69 million new American depositary shares, raising as much as $2.8 billion, in an offering that is expected to hit the market next week. … NIO’s stock likely traded lower following the news because of investor concerns about the dilutive effect of 60 million (or possibly more) new shares.

Are any Chinese cars sold in the US?

To be sure, there are some Chinese-made vehicles selling in the U.S. today. The imported Buick Envision and Volvo S90 face stiff 27.5 percent tariffs imposed by the Trump administration as part of its trade battle with China. Volvo Car Corp. is owned by China’s Geely Holding.

How much does a NIO cost?

NIO tested the vehicle for thousands of miles in Yakeshi, Inner Mongolia, China to test the car’s economy and performance. The production and delivery started end of June 2018. The price starts at US$65,000.

Carsalesbase, an industry tracker, counts no fewer than 91 Chinese car brands with more than 1,000 sales in 2019. As the No. … Nio also managed to grow sales by 12,000 units in 2019, representing a 158% increase.

Who has invested in NIO?

Top 10 Owners of NIO IncStockholderStakeShares ownedBaillie Gifford & Co.10.07%108,936,586BlackRock Fund Advisors3.05%32,997,725The Vanguard Group, Inc.2.77%29,985,139SSgA Funds Management, Inc.1.91%20,625,9326 more rows

Is NIO overvalued?

Despite the stronger than expected results and Q4 guidance, we think Nio stock looks overvalued. … While Nio’s growth rates are certainly higher than Tesla’s, it is also riskier considering the intense competition in the Chinese EV market, which has several hundreds of manufacturers.

Will NIO Stock survive?

The Chinese EV sector is the largest new-car market in the world, according to Barron’s. Barron’s says that the average price target on NIO stock for analysts with “buy” ratings is $17. … Nio has shown that it can survive. Now it must show that it can thrive.