Important News Out Of Bloomberg Concerning NIO

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NIO Inc. designs, develops, manufactures, and sells smart electric vehicles in China. The company offers five, six, and seven-seater electric SUVs, as well as smart electric sedans. It is also involved in the provision of energy and service packages to its users; marketing, design, and technology development activities; manufacture of e-powertrains, battery packs, and components; and sales and after sales management activities. In addition, the company offers power solutions, including Power Home, a home charging solution; Power Swap, a battery swapping service; Public Charger, a public fast charging solution; Power Mobile, a mobile charging service through charging vans; Power Map, an application that provides access to a network of public chargers and their real-time information; and One Click for Power valet service, where it offers vehicle pick up, charging, and return services. Further, it provides repair, maintenance, and bodywork services through its NIO service centers and authorized third-party service centers; statutory and third-party liability insurance, and vehicle damage insurance through third-party insurers; courtesy car services; and roadside assistance, as well as data packages; and auto financing services. Additionally, the company offers NIO Certified, a used vehicle inspection, evaluation, acquisition, and sales service. NIO Inc. has a strategic collaboration with Mobileye N.V. for the development of automated and autonomous vehicles for consumer markets. The company was formerly known as NextEV Inc. and changed its name to NIO Inc. in July 2017. NIO Inc. was founded in 2014 and is headquartered in Shanghai, China.
Is NIO Inc. (NIO) a buy, sell, or hold?
26 analysts have issued ratings. Wall Street analysts rate NIO as Bullish on average, for a Wall Street consensus of buy. View NIO’s ratings here. 12 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on NIO
Is NIO Inc. listed on the NASDAQ or NYSE?
NIO Inc. is listed on the NYSE as (NYSE:NIO).
What are your NIO Inc. (NIO) stock predictions?
26 Wall Street analysts have issued ratings. Currently, 22 analysts rated NIO as Bullish, 0 rated it Bearish, and 4 rated it Neutral. This suggests a possible increase. View NIO’s analyst predictions. 12 Seeking Alpha authors also rated the stock, and their ratings often outperform those of Wall Street analysts. Here are their ratings on NIO
What is NIO Inc.'s 2022 earnings estimate?
NIO Inc.’s 2022 earnings estimate is $-0.51 and NIO Inc.’s revenue estimate is $9.88B. Learn more earnings estimates information here.

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