NIO Inc. American depositary shares, each representing one Class A ordinary share

The closure of the Strait of Hormuz since February 28 drove up crude oil prices, which paradoxically benefited EV stocks. Higher oil prices make electric vehicles more appealing to consumers seeking to escape oil price volatility. Rivian and Nio have emerged as top performers, with Rivian rising 16% since the closure due to its new R2 SUV launch,...

The global EV market is projected to reach US$2.74 trillion in 2026, growing at 9.0% annually, driven by regulatory changes, charging infrastructure investment, and battery supply-chain development. Chinese automakers are intensifying international competition, while battery sourcing and regional manufacturing become strategic priorities. Major p...

The Software Defined Vehicle (SDV) market is projected to experience significant growth at a CAGR of 16.0% from 2026 to 2035, driven by automakers' transition to software-centric architectures, OTA updates, 5G connectivity, and new recurring revenue models. Europe leads the market, with major players investing in centralized computing platforms a...

NIO Inc. delivered 40,597 vehicles in June 2026, a 62.9% increase year-over-year, with cumulative deliveries reaching 1,188,715. The company rolled out an upgraded NIO WorldModel for intelligent driving, achieved 120,000 cumulative deliveries for the All-New ES8, and the ES9 reached 10,000 units sold within 30 days of launch.

The Iran war has driven oil prices higher and accelerated global EV adoption, particularly outside North America. While American oil and gas production reached record levels, non-U.S. EV markets are booming, with China leading at 12.9 million units sold in 2025. Chinese EV makers like BYD have surpassed Tesla in sales, though their stock valuatio...