NIOS or NIO is a premium electric vehicle manufacturer originated and based in China. With its first vehicle developed in 2016, the Chinese automaker has steadily increased production, but remains outside of the world’s top 15 when it comes to electric vehicle market shares.

Despite that, the so-called "Tesla of China" is banking on its battery-swapping service that allows EVs to recharge. Currently, NIO's batter-as-a-service (Baas) achieves an advantage over its competitors by allowing drivers to easily pull over in the nearest battery-swapping station and trade their used battery for a fully charged battery in just five minutes. There are over 500 battery-swapping stations located all over China and the company plans to install its first location internationally in Norway soon.

Via eToro's online trading platform, you have the ability to invest in NIO shares so continue reading this article if you're interested to know more.

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77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

History of NIO

William Li, the Chairman of Bitauto and NextEV, founded NIO in November 2014. In the months following NIO's launch, several companies invested in it, including Lenovo, Tencent, Temasek, TPG and Sequoia. Its first model, the NIO EP9 sports car, was introduced on the day the brand was founded.

Known as the "Power Swap Station", NIO opened its first battery swap station in May 2018 in Shenzhen, Guangdong, China. The company filed for an initial public offering on the New York Stock Exchange in September 2018 for US$1.8 billion.

NIO logo
NIO logo

Nio announced a planned expansion in Norway in May 2021 with an expected date to start delivery of electric cars by September 2021.

What is NIO's Stock Symbol?

NIO is listed on the New York Stock Exchange (NYSE) by its ticker symbol: NIO. This will be the symbol that you need to trade with a brokerage, and the symbol needs to be entered into a platform’s search bar or pasted into a trade order.

NIO's Price History

NIO reached its all-time high closing price of $62.84 on February 9, 2021 during an increase of more than 3,000% which started in March 2020. However, beginning in January 2021, its stock value started dropping down 40% from its recorded high to trade at an average of just a little above $40 in the last 52 weeks.

Has NIO Ever Split Its Stock?

No. The company has not undergone a split in its stock history as of today.

NIO Stock After Hours

This section shows NIO's after hours trading by summarizing its last sale, after-hours high and lows as well as the after-hours volume. A separate chart showing the after-hours and volume in relation to the corresponding after-hours time is also shown.

Remember that investors may trade during the Pre-Market hours from 4:00 - 9:30 am ET and during the After-Hours Market from 4:00 - 8:00 pm ET.

NIO Stock Chart

eToro's platforms have an integrated charting tool that shows the stock performance of NIO in the past 12 months along with its annual movement since its IPO in 2018. And if you want to do further chart analysis then you can utilize the advanced ProChart feature. /p>

NIO stock chart on eToro's platform
NIO stock chart on eToro's platform

NIO Stock News

Is NIO stock a buy? Is the stock increasing or dropping? Get updated on the latest news about this company via eToro's social investment network that shows all relevant current events affecting the stock price of NIO.

All you need to do is add NIO's trading page into your watchlist and you might also want to follow the top performing NIO traders on the platform.

NIO stock traders on eToro
NIO stock traders on eToro

Why NIO Stock is Down?

NIO's stocks took a tumble after a historic run in 2020. A big reason for this is the low production volumes which in turn resulted into less vehicle distribution to the market. The company has stated that the production dip was the result of problems that arose in the supply chain during the pandemic.

The drop in deliveries caused a major concern among investors and thereby, contributed to the underperformance of the company's stock.

NIO Stock Forecast

NIO has aggressive plans for Europe next year, and it expects overall deliveries to boost in the fourth quarter following a slow third quarter due to supply chain constraints and factory expansion. The company’s shares could regain its momentum upwards as a result of these growth moves and by banking on China's massive market potential for electronic vehicles.

For NIO share traders, eToro offers a Research tab that allows you to see the consensus of market analysts' forecasts. You can also get an overview of recent trade activities and details about ranked NIO share traders. Via this section, you can see what analysts think of NIO's future price based on the ratings they provided the company in the last 3 months.

NIO stock analyst consensus and price target
NIO stock analyst consensus and price target

Keep in mind: You will only be able to access the information under the Research tab if you're a registered eToro user with an account that has already been verified and funded.

Should I Buy NIO Stock?

When considering the strength or weakness of NIO's stock, you might first want to take note of these key takeaways involving the industry that NIO belongs to:

  • China comprises more than 40% of the world's market for electric vehicles (EV) during the year to date of 2021
  • The company enjoys a 3% share of the Chinese electric vehicle market
  • It is facing tough competition from both local and worldwide EV manufacturers

How to Trade NIO Stock?

The more accessible way to invest in NIO stocks is by using online brokerage and trading platforms like eToro where you will be able to buy and sell real NIO shares by opening non-leveraged buy positions. Another advantage is that you can enjoy commission-free stock trading!

CFD trading with eToro is another accessible way to invest in NIO stocks. With CFD trading, it lets you take a position without having to own a stock. Leveraged trading also gives investors full market exposure in exchange for a small initial investment known as margin.

Trading NIO stocks on eToro's platform
Trading NIO stocks on eToro's platform

Simply say: By trading CFDs, you can speculate on both NIO’s rising and falling stock market value.

How to Buy NIO Stocks on eToro?

  1. Login or create an account with eToro if you don't have one.
    eToro web-based platform
    eToro web-based platform
  2. Enter "NIO" or "NIO" on the search bar, look for the NIO result under the Markets category, and click on its corresponding "Trade" button.
    Searching for NIO stock on eToro's platform
    Searching for NIO stock on eToro's platform
  3. Enter the amount you wish to invest and set the stop-loss, leverage and take-profit according to your trading preferences.
    Buying NIO stocks on eToro's platform
    Buying NIO stocks on eToro's platform
  4. Click "Open Trade".
    Executing NIO buy order on eToro's platform
    Executing NIO buy order on eToro's platform

Are you ready to trade NIO shares?

eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.

Past performance is not an indication of future results. Trading history presented is less than 5 complete years and may not suffice as basis for investment decision.

Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.

Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.

77% of retail investor accounts lose money when trading CFDs with this provider You should consider whether you can afford to take the high risk of losing your money.