NEW YORK, December 30, 2025, 05:51 ET — Premarket
- NIO shares were up about 0.2% at $5.35 in premarket trading.
- Reports on battery sourcing and new-model momentum kept the China EV maker in focus into year-end.
- Traders are watching for the next monthly delivery update and signs demand holds up as incentives fade.
NIO’s U.S.-listed shares edged up 0.2% to $5.35 in premarket trading on Tuesday, based on Public.com data.
The stock is drawing attention as investors weigh signs that China’s electric-vehicle market may cool after year-end incentives. “Demand for new energy batteries will drop drastically from the end of this year,” Cui Dongshu, secretary general of China’s passenger car association, wrote in a social media post cited by Reuters. Reuters
Battery terms matter because packs are a major cost in an EV, and supplier concentration can reshape pricing power. For makers selling into a competitive China market, cost control and delivery momentum tend to show up quickly in margins and cash needs.
S&P Global’s AutoTechInsight reported on Monday that NIO has adjusted its battery supply strategy, reversing earlier efforts to reduce dependence on Contemporary Amperex Technology (CATL) and halting a collaboration with BYD’s FinDreams Battery.
The Business Times reported NIO will lean more heavily on CATL for packs used across brands, citing industry publication CnEVPost and a local media report. It said the shift includes 85 kilowatt-hour (kWh) batteries — a measure of battery capacity — for the Onvo L60 SUV, along with larger 100 kWh packs for the Nio-branded lineup.
Model momentum has also been part of the narrative. CnEVPost reported that NIO said on its social media accounts it delivered the 40,000th third-generation ES8, a flagship sport-utility vehicle, roughly 100 days after deliveries began.
NIO ended Monday up 4.71% at $5.34, extending the stock’s third straight daily gain, according to MarketWatch. Trading volume reached 68.3 million shares, above its 50-day average of 48.0 million, while the stock remained about a third below its 52-week high of $8.02.
In early trading indications, other U.S.-listed China EV names were softer: Li Auto was down about 1.6% and XPeng was down about 1.4%.
From a chart perspective, NIO has been working inside a 52-week range of roughly $3.02 to $8.02, with the latest regular-session range around $5.08 to $5.38, according to Investing.com data.
Investors are now looking for the next monthly delivery report, typically released at the start of each month, for a read on demand heading into 2026. NIO last said it delivered 36,275 vehicles in November, including deliveries from its NIO, ONVO and firefly brands.
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