9 Best Auto Stocks to Buy Now

3. NIO Inc. (NYSE:NIO)

Number of Hedge Fund Holders: 34

Analysts’ Upside Potential as of December 26: 15.69%

NIO Inc. (NYSE:NIO) is among the Best Auto Stocks.

NIO Inc. (NYSE:NIO) announced the outcomes of its November deliveries on December 1. The company shipped 36,275 vehicles in November, jumping 76.3% over the same month last year. Firefly delivered 6,088 cars, Onvo delivered 11,794 cars, and Nio, the company’s smart electric vehicle brand, delivered 18,393 cars. There have been 949,457 deliveries as of November 30.

According to the company’s projections, the fourth quarter of 2025 would see the delivery of between 120,000 and 125,000 automobiles, an increase of around 65.1% to 72.0% over the same period in 2024.

NIO Inc. (NYSE:NIO)’s revenue for the last quarter rose 17% year over year, just short of the low end of forecasts. Vehicle prices dropped by 18% as a result of price competition and changes in the product mix. After three years, the vehicle operating margin has returned to the mid-teens with a 41% rise in vehicle volume.

NIO Inc. (NYSE:NIO) is one of China’s top producers of electric vehicles, or EVs, with a focus on the high-end market. The suggested retail pricing for its current model portfolio, which has a driving range of 465–710 km, ranges from CNY 207,000 to CNY 598,000. It also launched a new mass-market brand in 2024 to capitalize on strong demand while maintaining its luxury reputation, as per Morningstar analysts.

NIO Inc. (NYSE:NIO) is a renowned electric car manufacturer that focuses on the premium category.