NIO Stock News Today: NIO (NYSE: NIO) Holds Above $5 After Friday Rally as CATL Supply Report and China EV Rules Shape Monday’s Setup
NIO shares closed at $5.10 Friday, up 3.9% on heavy trading, as U.S. markets shut for the weekend. A Chinese report said NIO is shifting more battery supply to CATL, ending cooperation with BYD’s FinDreams for the Onvo L60. China also announced new EV efficiency standards for 2026, raising pressure on automakers.