NIO (NYSE: NIO) ended 2024 with a bang, delivering 31,138 vehicles in December—a 72.9% increase year-over-year. The strong finish reflects the company’s efforts to boost production and sales while navigating the challenges of a competitive EV market. But with NIO stock trading near multi-year lows, can the company’s momentum fuel a recovery in 2025? NIO introduced its Firefly brand, aimed at compact EV consumers in Europe. Despite these advancements highlighting NIO’s international goals, investors are still wary as the stock […]
The post NIO Ends 2024 with Record Deliveries: Why Is the Stock Still Falling? appeared first in UK on InvestingCube.
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