What Does NIO Mean In Chinese?

What is Nio in Chinese?

NIO Inc.

is a pioneer in China’s premium electric vehicle market.

NIO’s Chinese name, Weilai, which means Blue Sky Coming, reflects our vision and commitment to a more environmentally friendly future.

The first model we developed was the EP9 supercar, introduced in 2016..

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 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.

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. … Not even red-hot EV stocks with enormous long-term upside potential.

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

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%.

Is NIO worth buying?

Chinese electric car maker NIO is now worth over $70 billion despite delivering just over 12,000 cars in the third quarter. Nikola is still worth over $10 billion despite accusations of fraud and having no revenue at all.

Why did NIO stock jump?

Nio’s Market Cap stood at about $37 billion as of October 28, 2020, with its stock price rising by about 7x year-to-date due to surging investor interest in EV stocks.

Who is Tesla’s biggest competitor?

Six electric vehicle companies competing with Tesla:Li Auto (LI)Nio (NIO)Nikola Corp. (NKLA)Workhorse Group (WKHS)Canoo Holdings (CNOO)Lordstown Motors (RIDE)

What does Nio stand for?

NIOAcronymDefinitionNIONetwork Input OutputNIONioki, Zaire (airport code)NIONavigational Information Office (US Navy)NIONaval Inspector of Ordnance18 more rows

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.

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.

Why did NIO stock drop?

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.

Can I buy a Nio car in the US?

Nio told Autoblog it still hopes to become a truly global brand with a presence in key markets like the United States and Europe, but there’s no fixed date for its entry into either market. As of writing, the ES8 (and smaller models like the ES6) are only sold in their home country of China.

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.