NIO Achieves 100 Million Battery Swaps, Shares Surge Over 10% at U.S. Market Open
Stock News
Yesterday
On February 6, NIO Inc. (NIO.US) reached a milestone of 100 million battery swaps, prompting its stock to surge more than 10% at the opening of U.S. trading. The share price successfully broke through and held above the $5 resistance level.
Previously, the company issued a profit forecast indicating that it expects to achieve an operating profit of 700 million to 1.2 billion yuan in the fourth quarter of 2025. The anticipated profitability is primarily attributed to sustained sales growth in Q4 2025, an improved product mix that enhances automotive gross margin, and the company's ongoing comprehensive cost reduction and efficiency measures.
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