Nio US-listed shares hit 18-month low
NIO NIO Inc ADR
$3.36 -2.04%
View chart & analysis → - 1Nio US-listed shares hit an 18-month low of $3.32 during Wednesday's session.
- 2Registrations for Nio's premium brand fell 89.4% to 11 units through September.
- 3CEO William Li stated that autonomous driving must prove customer willingness to pay and measurable safety improvements.
So what's the key point?
Nio's US stock price has dropped to its lowest level in 18 months. This appears to be influenced by a significant decrease in premium brand registrations.
Source Bloomberg +2 · View original ↗
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