Both Jefferies and Citi Research have expressed confidence in Nio’s ability to rebound, pointing to a series of upcoming catalysts that could drive a recovery in its stock price. While risks remain, both brokerages view Nio’s current stock price as an attractive opportunity for long-term investors. Analysts at Jefferies view this launch as a significant near-term catalyst, “We estimate that there is about a 70% to 80% (or "very likely") probability for the scenario,” the analysts said.
Tesla's delay in launching its Full Self-Driving (FSD) driving assistance software in mainland China is a boon for rivals like Xpeng, which could use the extra time to convince local drivers of the superiority of their self-driving technologies, according to an analyst. The US carmaker is expected to roll out the FSD system on the mainland in the first quarter of 2025, Tesla's artificial intelligence (AI) team said on its X account on Thursday. The revised timeline is a setback for the carmaker
BYD reported another month of record sales, led by plug-in hybrids. Li Auto, Nio, XPeng and Zeekr also posted August figures Sunday.