PGJ - NIO Down Over 8% On Thursday - What's Going On? | Benzinga
NIO Inc. (NYSE:NIO) shares are falling on Thursday.
According to Benzinga Pro, NIO stock has lost over 45% in the past year.
The company’s founder, William Li, disclosed intentions to pursue European expansion despite uncertainty regarding potential tariffs on Chinese EVs by the European Union, Reuters reported.
“Electric vehicles are very important for positive development of the environment, they should never be used as a political target,” Li told reporters as NIO opened a showroom in Amsterdam, the report added.
NIO’s new showroom is located in the heart of Amsterdam, on a ...