New York, January 6, 2026, 10:34 (EST) — Regular session
- NIO shares rose about 2% in morning trade, clawing back ground after a choppy start to the week.
- The Chinese EV maker marked its one-millionth mass-produced vehicle and set fresh growth targets.
- Investors are watching rate signals later this month as the Fed meets again.
Shares of NIO Inc rose about 2.2% to $4.97 in morning trade on Tuesday. The stock has traded between $4.93 and $5.04 so far in the regular session.
The bounce came after NIO marked production of its one-millionth mass-produced vehicle, a milestone investors track as the Chinese EV maker fights for scale. Founder and CEO William Li called it “a new starting point” and said NIO is targeting 40% to 50% annual sales growth and more than 10,000 charging and battery-swap stations — where drivers exchange batteries in minutes — by 2030. The company rolled the vehicle, an ES8 SUV, off a line at its Xinqiao Phase II plant in Hefei and plans to donate it to the Anhui Mozi Quantum Technology Foundation, Gasgoo reported. Gasgoo Auto News
NIO has been volatile, and the stock is still well off its highs. The U.S.-listed shares fell 5.45% on Monday as volume climbed to 74.3 million shares versus a 50-day average of 48.1 million, MarketWatch reported. Even after Tuesday’s rebound, the stock is about 39% below its 52-week high of $8.02 hit on Oct. 2. MarketWatch
Rate expectations have also whipped growth stocks. Richmond Fed President Tom Barkin said on Tuesday that policymakers need to adjust interest rates carefully and that further cuts are on hold after the central bank reduced rates in December. Reuters
NIO, which sells premium electric cars and runs a battery swapping network in China, competes with Tesla and local rivals such as BYD, Li Auto and XPeng. Investors have leaned on delivery momentum and pricing discipline as signs that the sector’s bruising competition is easing.
For NIO, Li’s growth aim sets a high bar, and traders will look for clues on how quickly the multi-brand line-up can add volume without pushing costs higher. Any update on vehicle pricing, profitability targets and cash use is likely to steer the next move in the stock.
But the push to build thousands of stations and roll out new models risks extending losses if demand slows or price cuts deepen. Higher funding costs would also squeeze EV makers that rely on fresh capital.
