Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week

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Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week

Motley Fool01-20

NEV sales in China have slowed down in recent weeks.Nio's sales growth in the fourth quarter was significantly below peers.Nio stock tumbled over 15% this week and hit a 52-week low of $5.86 per share...

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Large Caps
·01-21
Great ariticle, would you like to share it?
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nywles
·01-21
Thanks
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boomer9595
·01-20
Hahaha when will be finally hit rock bottom
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- ZeRoCoOl:
  When it hits $0.00
  01-20
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FGP
·01-20
💤
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Further, Nio's Q4 deliveries exceeded its guidance, and it delivered a record number of vehicles – a little over 160,000 units -- in 2023, up 31% year over year.With Nio also cutting costs and investing aggressively in its battery-swap business, which is a big competitive advantage, long-term investors will find value in Nio stock now as it trades at only 1.5 times price-to-sales (P/S).","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[{"id":265347607822392,"gmtCreate":1705806311770,"gmtModify":1705813119752,"author":{"id":"4161990869312902","authorId":"4161990869312902","name":"Large Caps","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4161990869312902","authorIdStr":"4161990869312902"},"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265347607822392","repostId":2404680162,"repostType":2,"repost":{"id":"2404680162","kind":"highlight","pubTimestamp":1705718980,"share":"https://ttm.financial/m/news/2404680162?lang=&edition=fundamental","pubTime":"2024-01-20 10:49","market":"hk","language":"en","title":"Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2404680162","media":"Motley Fool","summary":"The Chinese electric vehicle stock looks cheap now.","content":"<html><head></head><body><ul style=\"\"><li><p>NEV sales in China have slowed down in recent weeks.</p></li><li><p>Nio&#39;s sales growth in the fourth quarter was significantly below peers.</p></li></ul><p><a href=\"https://laohu8.com/S/NIO\">Nio</a> stock tumbled over 15% this week and hit a 52-week low of $5.86 per share. Nio is all set to begin deliveries of its 2024 models in March, but that may not be enough to grow its clout in an industry where competition is getting increasingly intense by the day. Worse yet, the EV industry is also slowing down, as evident by the latest data from China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/611498a7b95bf6cde0c699458e4d9cd0\" tg-width=\"801\" tg-height=\"547\"/></p><h2 id=\"id_1089519492\">EV sales in China are falling</h2><p>China is the world&#39;s largest EV market, and Nio is among the leading players. The Chinese EV industry, however, has shown visible signs of a slowdown in recent weeks. This week, data from the China Passenger Car Association revealed a 21% drop in retail new energy vehicles (NEV) sales in China between Jan. 1 and Jan. 14 compared to a similar period from December.</p><p>Meanwhile, Nio&#39;s peers are growing sales at a faster pace, with <strong>XPeng</strong> and <strong>Li Auto</strong> reporting 171% and 185% growth in fourth-quarter deliveries, respectively. Nio&#39;s Q4 deliveries barely rose 25% year over year.</p><p>To be fair, in recent months, Nio has transitioned all its models to an advanced second-generation platform, which hit production and began deliveries last quarter. However, there&#39;s no denying that competition is catching up with the Chinese EV maker. With EV leader <strong>Tesla</strong> slashing the prices of its cars in China in recent days, Nio must work even harder to boost sales.</p><h2 id=\"id_3288991419\">Is Nio stock a buy now?</h2><p>Nio doesn&#39;t plan to launch new models for the better part of 2024 because it has just upgraded all its models to a new platform and will start delivering them in March. Nio is also confident of launching its mass-market brand later this year, which should open up more demand segments for the company. Further, Nio&#39;s Q4 deliveries exceeded its guidance, and it delivered a record number of vehicles – a little over 160,000 units -- in 2023, up 31% year over year.</p><p>With Nio also cutting costs and investing aggressively in its battery-swap business, which is a big competitive advantage, long-term investors will find value in Nio stock now as it trades at only 1.5 times price-to-sales (P/S).</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nio Stock Plunged 15% and Hit a 52-Week Low This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-20 10:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEV sales in China have slowed down in recent weeks.Nio's sales growth in the fourth quarter was significantly below peers.Nio stock tumbled over 15% this week and hit a 52-week low of $5.86 per share...</p>\n\n<a href=\"https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2404680162","content_text":"NEV sales in China have slowed down in recent weeks.Nio's sales growth in the fourth quarter was significantly below peers.Nio stock tumbled over 15% this week and hit a 52-week low of $5.86 per share. Nio is all set to begin deliveries of its 2024 models in March, but that may not be enough to grow its clout in an industry where competition is getting increasingly intense by the day. Worse yet, the EV industry is also slowing down, as evident by the latest data from China.EV sales in China are fallingChina is the world's largest EV market, and Nio is among the leading players. The Chinese EV industry, however, has shown visible signs of a slowdown in recent weeks. This week, data from the China Passenger Car Association revealed a 21% drop in retail new energy vehicles (NEV) sales in China between Jan. 1 and Jan. 14 compared to a similar period from December.Meanwhile, Nio's peers are growing sales at a faster pace, with XPeng and Li Auto reporting 171% and 185% growth in fourth-quarter deliveries, respectively. Nio's Q4 deliveries barely rose 25% year over year.To be fair, in recent months, Nio has transitioned all its models to an advanced second-generation platform, which hit production and began deliveries last quarter. However, there's no denying that competition is catching up with the Chinese EV maker. With EV leader Tesla slashing the prices of its cars in China in recent days, Nio must work even harder to boost sales.Is Nio stock a buy now?Nio doesn't plan to launch new models for the better part of 2024 because it has just upgraded all its models to a new platform and will start delivering them in March. Nio is also confident of launching its mass-market brand later this year, which should open up more demand segments for the company. Further, Nio's Q4 deliveries exceeded its guidance, and it delivered a record number of vehicles – a little over 160,000 units -- in 2023, up 31% year over year.With Nio also cutting costs and investing aggressively in its battery-swap business, which is a big competitive advantage, long-term investors will find value in Nio stock now as it trades at only 1.5 times price-to-sales (P/S).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":265291795582992,"gmtCreate":1705792526277,"gmtModify":1705792529597,"author":{"id":"3555362771681553","authorId":"3555362771681553","name":"nywles","avatar":"https://static.tigerbbs.com/a7e6473ec2cec348d167d7d95fbdb76c","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3555362771681553","authorIdStr":"3555362771681553"},"htmlText":"Thanks&nbsp;","listText":"Thanks&nbsp;","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265291795582992","repostId":2404680162,"repostType":2,"repost":{"id":"2404680162","kind":"highlight","pubTimestamp":1705718980,"share":"https://ttm.financial/m/news/2404680162?lang=&edition=fundamental","pubTime":"2024-01-20 10:49","market":"hk","language":"en","title":"Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2404680162","media":"Motley Fool","summary":"The Chinese electric vehicle stock looks cheap now.","content":"<html><head></head><body><ul style=\"\"><li><p>NEV sales in China have slowed down in recent weeks.</p></li><li><p>Nio&#39;s sales growth in the fourth quarter was significantly below peers.</p></li></ul><p><a href=\"https://laohu8.com/S/NIO\">Nio</a> stock tumbled over 15% this week and hit a 52-week low of $5.86 per share. Nio is all set to begin deliveries of its 2024 models in March, but that may not be enough to grow its clout in an industry where competition is getting increasingly intense by the day. Worse yet, the EV industry is also slowing down, as evident by the latest data from China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/611498a7b95bf6cde0c699458e4d9cd0\" tg-width=\"801\" tg-height=\"547\"/></p><h2 id=\"id_1089519492\">EV sales in China are falling</h2><p>China is the world&#39;s largest EV market, and Nio is among the leading players. The Chinese EV industry, however, has shown visible signs of a slowdown in recent weeks. This week, data from the China Passenger Car Association revealed a 21% drop in retail new energy vehicles (NEV) sales in China between Jan. 1 and Jan. 14 compared to a similar period from December.</p><p>Meanwhile, Nio&#39;s peers are growing sales at a faster pace, with <strong>XPeng</strong> and <strong>Li Auto</strong> reporting 171% and 185% growth in fourth-quarter deliveries, respectively. Nio&#39;s Q4 deliveries barely rose 25% year over year.</p><p>To be fair, in recent months, Nio has transitioned all its models to an advanced second-generation platform, which hit production and began deliveries last quarter. However, there&#39;s no denying that competition is catching up with the Chinese EV maker. With EV leader <strong>Tesla</strong> slashing the prices of its cars in China in recent days, Nio must work even harder to boost sales.</p><h2 id=\"id_3288991419\">Is Nio stock a buy now?</h2><p>Nio doesn&#39;t plan to launch new models for the better part of 2024 because it has just upgraded all its models to a new platform and will start delivering them in March. Nio is also confident of launching its mass-market brand later this year, which should open up more demand segments for the company. Further, Nio&#39;s Q4 deliveries exceeded its guidance, and it delivered a record number of vehicles – a little over 160,000 units -- in 2023, up 31% year over year.</p><p>With Nio also cutting costs and investing aggressively in its battery-swap business, which is a big competitive advantage, long-term investors will find value in Nio stock now as it trades at only 1.5 times price-to-sales (P/S).</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nio Stock Plunged 15% and Hit a 52-Week Low This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-20 10:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEV sales in China have slowed down in recent weeks.Nio's sales growth in the fourth quarter was significantly below peers.Nio stock tumbled over 15% this week and hit a 52-week low of $5.86 per share...</p>\n\n<a href=\"https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2404680162","content_text":"NEV sales in China have slowed down in recent weeks.Nio's sales growth in the fourth quarter was significantly below peers.Nio stock tumbled over 15% this week and hit a 52-week low of $5.86 per share. Nio is all set to begin deliveries of its 2024 models in March, but that may not be enough to grow its clout in an industry where competition is getting increasingly intense by the day. Worse yet, the EV industry is also slowing down, as evident by the latest data from China.EV sales in China are fallingChina is the world's largest EV market, and Nio is among the leading players. The Chinese EV industry, however, has shown visible signs of a slowdown in recent weeks. This week, data from the China Passenger Car Association revealed a 21% drop in retail new energy vehicles (NEV) sales in China between Jan. 1 and Jan. 14 compared to a similar period from December.Meanwhile, Nio's peers are growing sales at a faster pace, with XPeng and Li Auto reporting 171% and 185% growth in fourth-quarter deliveries, respectively. Nio's Q4 deliveries barely rose 25% year over year.To be fair, in recent months, Nio has transitioned all its models to an advanced second-generation platform, which hit production and began deliveries last quarter. However, there's no denying that competition is catching up with the Chinese EV maker. With EV leader Tesla slashing the prices of its cars in China in recent days, Nio must work even harder to boost sales.Is Nio stock a buy now?Nio doesn't plan to launch new models for the better part of 2024 because it has just upgraded all its models to a new platform and will start delivering them in March. Nio is also confident of launching its mass-market brand later this year, which should open up more demand segments for the company. Further, Nio's Q4 deliveries exceeded its guidance, and it delivered a record number of vehicles – a little over 160,000 units -- in 2023, up 31% year over year.With Nio also cutting costs and investing aggressively in its battery-swap business, which is a big competitive advantage, long-term investors will find value in Nio stock now as it trades at only 1.5 times price-to-sales (P/S).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":265049046044768,"gmtCreate":1705733368759,"gmtModify":1705733373270,"author":{"id":"3572356875693179","authorId":"3572356875693179","name":"boomer9595","avatar":"https://static.tigerbbs.com/a1c28a016b3392fde65eec18f24c3012","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"idStr":"3572356875693179","authorIdStr":"3572356875693179"},"htmlText":"Hahaha when will be finally hit rock bottom","listText":"Hahaha when will be finally hit rock bottom","text":"Hahaha when will be finally hit rock bottom","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/265049046044768","repostId":2404680162,"repostType":4,"repost":{"id":"2404680162","kind":"highlight","pubTimestamp":1705718980,"share":"https://ttm.financial/m/news/2404680162?lang=&edition=fundamental","pubTime":"2024-01-20 10:49","market":"hk","language":"en","title":"Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2404680162","media":"Motley Fool","summary":"The Chinese electric vehicle stock looks cheap now.","content":"<html><head></head><body><ul style=\"\"><li><p>NEV sales in China have slowed down in recent weeks.</p></li><li><p>Nio&#39;s sales growth in the fourth quarter was significantly below peers.</p></li></ul><p><a href=\"https://laohu8.com/S/NIO\">Nio</a> stock tumbled over 15% this week and hit a 52-week low of $5.86 per share. Nio is all set to begin deliveries of its 2024 models in March, but that may not be enough to grow its clout in an industry where competition is getting increasingly intense by the day. Worse yet, the EV industry is also slowing down, as evident by the latest data from China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/611498a7b95bf6cde0c699458e4d9cd0\" tg-width=\"801\" tg-height=\"547\"/></p><h2 id=\"id_1089519492\">EV sales in China are falling</h2><p>China is the world&#39;s largest EV market, and Nio is among the leading players. The Chinese EV industry, however, has shown visible signs of a slowdown in recent weeks. This week, data from the China Passenger Car Association revealed a 21% drop in retail new energy vehicles (NEV) sales in China between Jan. 1 and Jan. 14 compared to a similar period from December.</p><p>Meanwhile, Nio&#39;s peers are growing sales at a faster pace, with <strong>XPeng</strong> and <strong>Li Auto</strong> reporting 171% and 185% growth in fourth-quarter deliveries, respectively. Nio&#39;s Q4 deliveries barely rose 25% year over year.</p><p>To be fair, in recent months, Nio has transitioned all its models to an advanced second-generation platform, which hit production and began deliveries last quarter. However, there&#39;s no denying that competition is catching up with the Chinese EV maker. With EV leader <strong>Tesla</strong> slashing the prices of its cars in China in recent days, Nio must work even harder to boost sales.</p><h2 id=\"id_3288991419\">Is Nio stock a buy now?</h2><p>Nio doesn&#39;t plan to launch new models for the better part of 2024 because it has just upgraded all its models to a new platform and will start delivering them in March. Nio is also confident of launching its mass-market brand later this year, which should open up more demand segments for the company. Further, Nio&#39;s Q4 deliveries exceeded its guidance, and it delivered a record number of vehicles – a little over 160,000 units -- in 2023, up 31% year over year.</p><p>With Nio also cutting costs and investing aggressively in its battery-swap business, which is a big competitive advantage, long-term investors will find value in Nio stock now as it trades at only 1.5 times price-to-sales (P/S).</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nio Stock Plunged 15% and Hit a 52-Week Low This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-20 10:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEV sales in China have slowed down in recent weeks.Nio's sales growth in the fourth quarter was significantly below peers.Nio stock tumbled over 15% this week and hit a 52-week low of $5.86 per share...</p>\n\n<a href=\"https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2404680162","content_text":"NEV sales in China have slowed down in recent weeks.Nio's sales growth in the fourth quarter was significantly below peers.Nio stock tumbled over 15% this week and hit a 52-week low of $5.86 per share. Nio is all set to begin deliveries of its 2024 models in March, but that may not be enough to grow its clout in an industry where competition is getting increasingly intense by the day. Worse yet, the EV industry is also slowing down, as evident by the latest data from China.EV sales in China are fallingChina is the world's largest EV market, and Nio is among the leading players. The Chinese EV industry, however, has shown visible signs of a slowdown in recent weeks. This week, data from the China Passenger Car Association revealed a 21% drop in retail new energy vehicles (NEV) sales in China between Jan. 1 and Jan. 14 compared to a similar period from December.Meanwhile, Nio's peers are growing sales at a faster pace, with XPeng and Li Auto reporting 171% and 185% growth in fourth-quarter deliveries, respectively. Nio's Q4 deliveries barely rose 25% year over year.To be fair, in recent months, Nio has transitioned all its models to an advanced second-generation platform, which hit production and began deliveries last quarter. However, there's no denying that competition is catching up with the Chinese EV maker. With EV leader Tesla slashing the prices of its cars in China in recent days, Nio must work even harder to boost sales.Is Nio stock a buy now?Nio doesn't plan to launch new models for the better part of 2024 because it has just upgraded all its models to a new platform and will start delivering them in March. Nio is also confident of launching its mass-market brand later this year, which should open up more demand segments for the company. Further, Nio's Q4 deliveries exceeded its guidance, and it delivered a record number of vehicles – a little over 160,000 units -- in 2023, up 31% year over year.With Nio also cutting costs and investing aggressively in its battery-swap business, which is a big competitive advantage, long-term investors will find value in Nio stock now as it trades at only 1.5 times price-to-sales (P/S).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":265120716312832,"gmtCreate":1705750780385,"gmtModify":1705750787727,"authorId":3580887198114940,"author":{"id":3580887198114940,"idStr":"3580887198114940","authorId":3580887198114940,"name":"ZeRoCoOl","avatar":"https://static.tigerbbs.com/765f5ee2c912615ba5335eeffc60c0b4","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":265049046044768,"type":1,"supId":0,"prevId":0,"content":"When it hits $0.00","text":"When it hits $0.00","html":"When it hits $0.00"}],"langContent":"EN"},{"id":265008805138456,"gmtCreate":1705723441182,"gmtModify":1705723445406,"author":{"id":"3584079457608282","authorId":"3584079457608282","name":"FGP","avatar":"https://community-static.tradeup.com/news/4f96275867e9fcc09f90747c0edcd143","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":9,"crmLevelSwitch":1,"idStr":"3584079457608282","authorIdStr":"3584079457608282"},"htmlText":"💤&nbsp;","listText":"💤&nbsp;","text":"💤","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/265008805138456","repostId":2404680162,"repostType":4,"repost":{"id":"2404680162","kind":"highlight","pubTimestamp":1705718980,"share":"https://ttm.financial/m/news/2404680162?lang=&edition=fundamental","pubTime":"2024-01-20 10:49","market":"hk","language":"en","title":"Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2404680162","media":"Motley Fool","summary":"The Chinese electric vehicle stock looks cheap now.","content":"<html><head></head><body><ul style=\"\"><li><p>NEV sales in China have slowed down in recent weeks.</p></li><li><p>Nio&#39;s sales growth in the fourth quarter was significantly below peers.</p></li></ul><p><a href=\"https://laohu8.com/S/NIO\">Nio</a> stock tumbled over 15% this week and hit a 52-week low of $5.86 per share. Nio is all set to begin deliveries of its 2024 models in March, but that may not be enough to grow its clout in an industry where competition is getting increasingly intense by the day. Worse yet, the EV industry is also slowing down, as evident by the latest data from China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/611498a7b95bf6cde0c699458e4d9cd0\" tg-width=\"801\" tg-height=\"547\"/></p><h2 id=\"id_1089519492\">EV sales in China are falling</h2><p>China is the world&#39;s largest EV market, and Nio is among the leading players. The Chinese EV industry, however, has shown visible signs of a slowdown in recent weeks. This week, data from the China Passenger Car Association revealed a 21% drop in retail new energy vehicles (NEV) sales in China between Jan. 1 and Jan. 14 compared to a similar period from December.</p><p>Meanwhile, Nio&#39;s peers are growing sales at a faster pace, with <strong>XPeng</strong> and <strong>Li Auto</strong> reporting 171% and 185% growth in fourth-quarter deliveries, respectively. Nio&#39;s Q4 deliveries barely rose 25% year over year.</p><p>To be fair, in recent months, Nio has transitioned all its models to an advanced second-generation platform, which hit production and began deliveries last quarter. However, there&#39;s no denying that competition is catching up with the Chinese EV maker. With EV leader <strong>Tesla</strong> slashing the prices of its cars in China in recent days, Nio must work even harder to boost sales.</p><h2 id=\"id_3288991419\">Is Nio stock a buy now?</h2><p>Nio doesn&#39;t plan to launch new models for the better part of 2024 because it has just upgraded all its models to a new platform and will start delivering them in March. Nio is also confident of launching its mass-market brand later this year, which should open up more demand segments for the company. Further, Nio&#39;s Q4 deliveries exceeded its guidance, and it delivered a record number of vehicles – a little over 160,000 units -- in 2023, up 31% year over year.</p><p>With Nio also cutting costs and investing aggressively in its battery-swap business, which is a big competitive advantage, long-term investors will find value in Nio stock now as it trades at only 1.5 times price-to-sales (P/S).</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nio Stock Plunged 15% and Hit a 52-Week Low This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nio Stock Plunged 15% and Hit a 52-Week Low This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-20 10:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEV sales in China have slowed down in recent weeks.Nio's sales growth in the fourth quarter was significantly below peers.Nio stock tumbled over 15% this week and hit a 52-week low of $5.86 per share...</p>\n\n<a href=\"https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.fool.com/investing/2024/01/19/why-nio-stock-plunged-18-to-a-52-week-low-this-wee/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2404680162","content_text":"NEV sales in China have slowed down in recent weeks.Nio's sales growth in the fourth quarter was significantly below peers.Nio stock tumbled over 15% this week and hit a 52-week low of $5.86 per share. Nio is all set to begin deliveries of its 2024 models in March, but that may not be enough to grow its clout in an industry where competition is getting increasingly intense by the day. Worse yet, the EV industry is also slowing down, as evident by the latest data from China.EV sales in China are fallingChina is the world's largest EV market, and Nio is among the leading players. The Chinese EV industry, however, has shown visible signs of a slowdown in recent weeks. This week, data from the China Passenger Car Association revealed a 21% drop in retail new energy vehicles (NEV) sales in China between Jan. 1 and Jan. 14 compared to a similar period from December.Meanwhile, Nio's peers are growing sales at a faster pace, with XPeng and Li Auto reporting 171% and 185% growth in fourth-quarter deliveries, respectively. Nio's Q4 deliveries barely rose 25% year over year.To be fair, in recent months, Nio has transitioned all its models to an advanced second-generation platform, which hit production and began deliveries last quarter. However, there's no denying that competition is catching up with the Chinese EV maker. With EV leader Tesla slashing the prices of its cars in China in recent days, Nio must work even harder to boost sales.Is Nio stock a buy now?Nio doesn't plan to launch new models for the better part of 2024 because it has just upgraded all its models to a new platform and will start delivering them in March. Nio is also confident of launching its mass-market brand later this year, which should open up more demand segments for the company. Further, Nio's Q4 deliveries exceeded its guidance, and it delivered a record number of vehicles – a little over 160,000 units -- in 2023, up 31% year over year.With Nio also cutting costs and investing aggressively in its battery-swap business, which is a big competitive advantage, long-term investors will find value in Nio stock now as it trades at only 1.5 times price-to-sales (P/S).","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":32,"commentSize":4,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}