Nio Stock Surges 75% YTD Amid EV Market Revival
Nio (NIO) shares have rallied more than 75% year-to-date, briefly surpassing $7 amid renewed investor confidence in the Chinese EV maker's turnaround strategy. The stock remains down nearly 90% from its 2021 peak of $66.99, presenting a potential inflection point for risk-tolerant investors.
The Shanghai-based automaker has expanded its ecosystem with three brands (Nio, Onvo, Firefly), proprietary battery technology, and over 11,000 R&D personnel developing in-house solutions from operating systems to mobile integration. Its network of battery swap stations and mobile charging units continues to differentiate Nio in China's crowded EV sector.