Market News / Story
NIO Stock Eyes End To 5-Week Slump: Retail Loads Up As Onvo Hits 200,000 Deliveries, Battery Swaps Smash Record
Stocktwits ·
Stocktwits reports: Shares of Nio, Inc. (NIO) are poised to end a five-week losing streak as Onvo crosses 200,000 cumulative deliveries and battery swaps hit a fresh holiday record, giving retail bulls fresh milestones to weigh against persistent sales pressure. Nio’s U.S.-listed shares rose 2% in the previous session to $3.54, and are up 5% through Wednesday. Onvo Hits Delivery Milestone Despite Sales Slowdown Onvo marked its 200,000th delivery on Thursday, handing over a flagship L90 SUV…