optimism

The Asian Investor profile picture

NIO: Market optimism is an overreaction (NYSE: NIO)

Andy Fang Shares of electric vehicle makers surged last week despite Chinese electric vehicle company XPeng (XPEV) posting light fourth-quarter delivery guidance. Chinese EV start-ups have also released their monthly updates for shipments that have seen renewed growth, especially for NIO (NYSE: NIO) and Li Auto (LI). Although NIO’s delivery chart for November was good, …

NIO: Market optimism is an overreaction (NYSE: NIO) Read More »