Written by Howard Smith for The Motley Fool
Nio (NYSE:NIO), a premium smart electric vehicle (EV) maker, closed at $3.40, down 5.29%. Tuesday's slide followed reports tying pressure to Geely's (OTC:GELYF) purchased stake in Nio Power, and investors are watching November's Q3 results for margin progress.Trading volume reached 53.8 million shares, coming in about 78% above its three-month average of 30.2 million shares. Nio IPO'd in 2018 and has fallen 48% since going public.How the markets moved todayThe S&P 500 (SNPINDEX:^GSPC) closed at 7,670, down 0.18%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,798, down 0.09%. Among China-based battery-electric vehicle peers, Li Auto (NASDAQ:LI) closed at $11.23, down 4.10%, and XPeng (NYSE:XPEV) closed at $9.47, down 4.82%; the weakness among peers echoed pressure across automobile manufacturers focused on battery-electric vehicles and the mobility services group.What this means for investorsAt first glance, Geely's interest in Nio's leading battery swap technology business, Nio Power, seems like a vote of confidence. Geely is the majority owner of Volvo (OTC:VLVLY) Cars and the parent company of EV maker Polestar (NASDAQ:PSNY).Nio Power is the company's battery swapping and charging business, and this transaction values it at about $2.4 billion. Nio's market cap is currently at about $8 billion, so that's a meaningful part of Nio's valuation.Investors are still rightly focused on Nio's path to profitability. EV sales volumes have been increasing, but it still reported a net loss of about $78 million in Q2. Nio's Q3 report could be a catalyst for the stock if it reports profitability, and its Nio Power business may be a long-term advantage, too.Should you buy stock in Nio right now? Before you buy stock in Nio, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nio wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $373,352!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,406,241!* Now, it’s worth noting Stock Advisor’s total average return is 933% — a market-crushing outperformance compared to 212% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of September 29, 2026. (function(){ var m=document.getElementById("pit-a7889d39-abe7-4dfd-8346-8df1dff937c5"); if(!m||!window.IntersectionObserver)return; var c=m;while(c&&!c.dataset.pitchPlacement)c=c.parentElement; if(!c)return; var fired=false; new IntersectionObserver(function(es,obs){ if(fired||!es[0].isIntersecting)return; fired=true;obs.disconnect(); new Image().src="https://api.fool.com/infotron/infotrack/seen/?impression=a7889d39-abe7-4dfd-8346-8df1dff937c5&pitch_id=18725&placement=article_pitch_feed_partners"; },{threshold:0.5}).observe(c); })();Howard Smith has positions in Nio. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.
Nio (NYSE:NIO), a premium smart electric vehicle (EV) maker, closed at $3.40, down 5.29%. Tuesday's slide followed reports tying pressure to Geely's (OTC:GELYF) purchased stake in Nio Power, and investors are watching November's Q3 results for margin progress.Trading volume reached 53.8 million shares, coming in about 78% above its three-month average of 30.2 million shares. Nio IPO'd in 2018 and has fallen 48% since going public.
The S&P 500 (SNPINDEX:^GSPC) closed at 7,670, down 0.18%, while the Nasdaq Composite (NASDAQINDEX:^IXIC) closed at 26,798, down 0.09%. Among China-based battery-electric vehicle peers, Li Auto (NASDAQ:LI) closed at $11.23, down 4.10%, and XPeng (NYSE:XPEV) closed at $9.47, down 4.82%; the weakness among peers echoed pressure across automobile manufacturers focused on battery-electric vehicles and the mobility services group.
At first glance, Geely's interest in Nio's leading battery swap technology business, Nio Power, seems like a vote of confidence. Geely is the majority owner of Volvo (OTC:VLVLY) Cars and the parent company of EV maker Polestar (NASDAQ:PSNY).
Nio Power is the company's battery swapping and charging business, and this transaction values it at about $2.4 billion. Nio's market cap is currently at about $8 billion, so that's a meaningful part of Nio's valuation.
Investors are still rightly focused on Nio's path to profitability. EV sales volumes have been increasing, but it still reported a net loss of about $78 million in Q2. Nio's Q3 report could be a catalyst for the stock if it reports profitability, and its Nio Power business may be a long-term advantage, too.
Before you buy stock in Nio, consider this:
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Nio wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $373,352!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,406,241!*
Now, it’s worth noting Stock Advisor’s total average return is 933% — a market-crushing outperformance compared to 212% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors.
*Stock Advisor returns as of September 29, 2026.
Howard Smith has positions in Nio. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.