NIO stock steadies in premarket after Europe pledge as EU lays out tariff workaround
Nio shares dipped 0.2% to $4.84 in early premarket trading Tuesday after the company said it will keep expanding in Europe. The move follows new EU guidance allowing Chinese EV makers to avoid tariffs by committing to minimum prices. Nio stock had jumped 4.5% Monday. Traders are watching for further action from Brussels and Beijing, with U.S. inflation data due Tuesday.