New York, Jan 13, 2026, 04:34 EST — Premarket
- Nio announced plans to continue expanding its business in Europe after the EU outlined conditions allowing tariff swaps for minimum-price commitments
- After jumping 4.5% on Monday, shares slipped roughly 0.2% in early premarket action
- Traders are eyeing follow-up moves from Brussels and Beijing, with U.S. CPI data set for release Tuesday.
Nio Inc shares slipped slightly in early premarket Tuesday after the Chinese EV maker vowed to push forward with its European operations. This comes as Brussels proposed a potential path for China-made electric vehicles to sidestep EU tariffs. The U.S.-listed ADR dipped about 0.2% to $4.84, following a 4.5% gain on Monday when it closed at $4.85. 1
The European policy shift matters for Nio because access to Europe has become a question of pricing and margins, not just sales. A clearer route to ship cars without extra duties could alter how investors weigh risks tied to volumes, discounts, and Nio’s overseas strategy.
This week has seen high-beta China ADRs swing on policy news, only to reverse course after macro data hits. Nio’s stock, in particular, has been reacting as much to Brussels headlines as to developments out of Shanghai.
On Monday, the European Commission released guidance on “price undertaking” offers linked to anti-subsidy duties on battery electric vehicles imported from China. A price undertaking means committing to sell above a set minimum import price rather than paying tariffs. The Commission said it will evaluate these offers using the same legal standards and WTO rules, focusing on sales channels and the practice of “cross-compensation,” where profits might be shifted between products to obscure low EV prices. 2
Reuters reported the Commission is sticking to a strict approach: minimum prices must be set for each EV model and configuration. The EU wants to curb cross-compensation risks, which it views as more significant when exporters also sell other types, like hybrids. The guidance mentioned that EU officials will factor in Chinese EV investments within the bloc. It also revealed the Commission has begun reviewing a minimum-price and import-quota proposal tied to a Volkswagen electric SUV built in China. 3
European Commission spokesperson Olof Gill said the market welcomes EVs “provided” they compete on a “level playing field.” Brussels is ready to consider price undertakings “in a serious way” if the right conditions arise. Rico Luman, senior economist at ING, noted minimum prices might offer Chinese brands “some comfort” to sustain exports over the long haul. Meanwhile, Stephen Chan, associate director at S&P Global Ratings, cautioned that demand could take a hit if the floor price narrows the gap with European competitors, AP reported. 4
For Nio, the focus isn’t just a single tariff update but the bigger picture: whether exporters can file undertakings that Brussels will approve—and how quickly. That approach will likely extend to other China-connected EV makers selling in Europe, like bigger players BYD and Geely, both already on the EU’s radar.
But the downside risk remains. A high minimum price could erode the low-cost advantage that helped Chinese EVs gain market share. Meanwhile, prolonged talks or rejected proposals would maintain tariffs, reigniting the stop-start trade uncertainty that has rattled sentiment.
Investors are set to eye Tuesday’s U.S. consumer price index report for December 2025, due out at 8:30 a.m. ET. This data point is crucial for gauging rate expectations and frequently stirs premarket action in growth stocks just before the opening bell. 5
