The global push for electric vehicles, from companies like Tesla (NASDAQ:TSLA) and Nio Inc. (NYSE:NIO) is only accelerating. All as the world pushes for lower emissions. The U.S. for example just pledged to reduce emissions by up to 52%, which could provide a sizable boost to the EV industry. The UK just announced plans to … Continue reading This Could Put the Brakes on the EV Market
Over the last few months, shares of NIO raced from a low of $3.18 to $27.40 a share. With solid monthly growth and earnings, coupled with higher demand for electric vehicles, NIO could see higher highs. For September, Nio delivered 4,708 vehicles, growth of 133% year over year. And it announced it delivered 12,206 vehicles … Continue reading This is Why Shares of Nio Inc. are Racing Higher
The electric vehicle boom is already here. By 2025, EVs could account for a third of all auto sales. By 2030, EVs could surpass internal combustion engine vehicles with a market share of 51%, according to a new study from the Boston Consulting Group. Some analysts note global production of EVs could top four million, … Continue reading The Newest EV Maker Planning to File for U.S. Listing
