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Time of India
11-07-2025
- Automotive
- Time of India
NIO stock surges over 4% after Morgan Stanley says Buy following new SUV Onvo L90 launch
NIO Inc stock rose more than 4% in early trading Friday after Morgan Stanley reiterated its 'Overweight' rating on the electric vehicle maker, citing strong potential for the company's newly launched SUV, the Onvo L90, as per a report. Why Did NIO Stock Surge? The jump in stock price reflects growing optimism around NIO's bold push into the family-orientated EV market with the launch of its first three-row SUV under its new sub-brand, Onvo, according to an report. Are Early Pre-Orders for the Onvo L90 Meeting Expectations? The firm's executives revealed that pre-orders which started on July 10 for the newly unveiled SUV Onvo L90 have met internal targets, as per the report. Nio founder and CEO William Li said, 'Based on market feedback, we met our internal targets,' as quoted in the report. Li highlighted that, 'The key here is that we shipped the cars before holding the launch event,' as quoted in the report. ALSO READ: Wall Street veterans and analysts set bold new price for Nvidia — is it headed for another record run? How Is NIO Balancing Features and Profit Margins With the L90? The company did not specify the margin figures, but Li reiterated that the L90 was engineered for tight cost control, enabling competitive pricing without sacrificing margin, he said, 'It definitely has gross profit,' and also added that Onvo had reused existing seating platforms and avoided overpowered drivetrains to optimize costs, according to the report. Live Events Could the Onvo L90 Disrupt China's Competitive EV SUV Segment? The Onvo L90 is priced at 279,000 yuan (around $39,000) for the 85 kWh version, while the battery-as-a-service (BaaS) model starts at 193,900 yuan ($27,000) and deliveries are scheduled to begin August 1, according to the report. The electric SUV has premium features like the 900V fast charging, AR-HUD, air suspension, and Nvidia's Orin-X smart driving platform, which position it as a serious contender in China's crowded EV market, as reported by After the launch, Morgan Stanley analysts said that the competitive pricing and a feature-rich design of the Onvo L90 will likely attract strong demand, which will potentially drive NIO stock up to a new record of $5.90 over the next 12 months, according to the report. ALSO READ: Should H-1B Visa holders buy a house in the US amid job instability? A viral Reddit post sparks heated debate Why Is Morgan Stanley So Bullish on NIO's Latest SUV? The investment firm even praised the L90's ability to match or exceed rivals in interior space, smart driving capabilities, and charging infrastructure as it forecast another 45% upside in NIO stock from current levels, as reported by Are Other Wall Street Analysts Also Positive on NIO? While Morgan Stanley is not the only Wall Street company that is being bullish on NIO stocks, the consensus rating on the EV stock also currently sits at 'overweight,' with the mean price target indicating a potential increase of over 15%, as per The Wall Street Journal. FAQs What makes the L90 different from other EVs in China? It offers three rows of seating, cutting-edge smart tech, and fast charging, but at a price lower than many rivals, as per the report. Why is Morgan Stanley so bullish on NIO right now? They believe the L90 will sell well due to its features, pricing, and family-friendly design, which could boost the stock.
Economic Times
11-07-2025
- Automotive
- Economic Times
NIO stock surges over 4% after Morgan Stanley says Buy following new SUV Onvo L90 launch
NIO Inc stock saw a rise after Morgan Stanley showed confidence in the new Onvo L90 SUV. Pre-orders for the SUV are meeting expectations. The L90 is priced competitively. It has features like fast charging and smart driving. Morgan Stanley predicts a potential stock increase. Other analysts also show positive outlook on NIO. Tired of too many ads? Remove Ads Why Did NIO Stock Surge? Are Early Pre-Orders for the Onvo L90 Meeting Expectations? How Is NIO Balancing Features and Profit Margins With the L90? Tired of too many ads? Remove Ads Could the Onvo L90 Disrupt China's Competitive EV SUV Segment? Why Is Morgan Stanley So Bullish on NIO's Latest SUV? Are Other Wall Street Analysts Also Positive on NIO? FAQs NIO Inc stock rose more than 4% in early trading Friday after Morgan Stanley reiterated its 'Overweight' rating on the electric vehicle maker, citing strong potential for the company's newly launched SUV, the Onvo L90, as per a jump in stock price reflects growing optimism around NIO's bold push into the family-orientated EV market with the launch of its first three-row SUV under its new sub-brand, Onvo, according to an firm's executives revealed that pre-orders which started on July 10 for the newly unveiled SUV Onvo L90 have met internal targets, as per the report. Nio founder and CEO William Li said, 'Based on market feedback, we met our internal targets,' as quoted in the report. Li highlighted that, 'The key here is that we shipped the cars before holding the launch event,' as quoted in the READ: Wall Street veterans and analysts set bold new price for Nvidia — is it headed for another record run? The company did not specify the margin figures, but Li reiterated that the L90 was engineered for tight cost control, enabling competitive pricing without sacrificing margin, he said, 'It definitely has gross profit,' and also added that Onvo had reused existing seating platforms and avoided overpowered drivetrains to optimize costs, according to the Onvo L90 is priced at 279,000 yuan (around $39,000) for the 85 kWh version, while the battery-as-a-service (BaaS) model starts at 193,900 yuan ($27,000) and deliveries are scheduled to begin August 1, according to the electric SUV has premium features like the 900V fast charging, AR-HUD, air suspension, and Nvidia's Orin-X smart driving platform, which position it as a serious contender in China's crowded EV market, as reported by the launch, Morgan Stanley analysts said that the competitive pricing and a feature-rich design of the Onvo L90 will likely attract strong demand, which will potentially drive NIO stock up to a new record of $5.90 over the next 12 months, according to the READ: Should H-1B Visa holders buy a house in the US amid job instability? A viral Reddit post sparks heated debate The investment firm even praised the L90's ability to match or exceed rivals in interior space, smart driving capabilities, and charging infrastructure as it forecast another 45% upside in NIO stock from current levels, as reported by Morgan Stanley is not the only Wall Street company that is being bullish on NIO stocks, the consensus rating on the EV stock also currently sits at 'overweight,' with the mean price target indicating a potential increase of over 15%, as per The Wall Street offers three rows of seating, cutting-edge smart tech, and fast charging, but at a price lower than many rivals, as per the believe the L90 will sell well due to its features, pricing, and family-friendly design, which could boost the stock.
Time of India
24-04-2025
- Automotive
- Time of India
Robotaxi maker Pony.ai sees Trump's trade war hitting sentiment, overseas expansion plans
China-based robotaxi developer Inc said on Thursday that U.S. President Donald Trump's trade war with China was likely to dampen its international expansion plans, but it anticipated little direct impact on its supply chain. The Toyota-backed company has been exploring the deployment of its autonomous driving business in South Korea, Luxembourg, the Middle East and other countries after raising $260 million from listing on the Nasdaq in November. Trump's move to impose a blanket 10per cent tariff on all other U.S. imports and a higher 145per cent levies on Chinese products has roiled markets and forced companies to reassess plans. On Thursday, however, the Trump administration signalled an openness to de-escalating the trade war with China. Asked about the tariffs, CEO James Peng said on the sidelines of the Shanghai auto show that his company did not foresee a direct impact. "On the supply side, we always try to have alternatives and backups," he told Reuters. "But I think sentimentally of course this is going to affect us, especially on our plan for international expansion." The company uses Nvidia's autonomous-grade Orin-X chips and would likely go on to use its newer Drive Thor chips that are not restricted from being sold in China, Peng said. "It's very hard to imagine those chips will be on restriction. Alternatively of course, we also have some backup suppliers from the Chinese domestic chip manufacturers," he said. Founded in Silicon Valley in 2016, has research centres in China, the United States and Luxembourg. Asked about whether the company might explore a secondary listing in Hong Kong, Peng said it was a potential option but that its focus was on starting production of its 7th generation of vehicles. currently has robotaxi service licences in Beijing, Shanghai, Guangzhou and Shenzhen and is seeking to launch the services in Hong Kong. "Currently all the assembly line has been modified for the mass production. Our target is that for this year we'll reach close to 1,000 vehicles," he said. "For the next few years, we're going to actually very rapidly expand the offering and mass production once we have the assembly line all tooled up. I think now is the matter of the demand. We definitely are going to go beyond tens of thousands very soon."
Time of India
24-04-2025
- Automotive
- Time of India
Robotaxi maker Pony AI sees Trump's trade war hitting sentiment, overseas expansion plans
China-based robotaxi developer Pony AI Inc said on Thursday that US President Donald Trump's trade war with China was likely to dampen its international expansion plans, but it anticipated little direct impact on its supply chain. The Toyota-backed company has been exploring the deployment of its autonomous driving business in South Korea, Luxembourg, the Middle East and other countries after raising $260 million from listing on the Nasdaq in November. Trump's move to impose a blanket 10% tariff on all other US imports and a higher 145% levies on Chinese products has roiled markets and forced companies to reassess plans. On Thursday, however, the Trump administration signalled an openness to de-escalating the trade war with China. Asked about the tariffs, Pony AI's CEO James Peng said on the sidelines of the Shanghai auto show that his company did not foresee a direct impact. "On the supply side, we always try to have alternatives and backups," he told Reuters. "But I think sentimentally of course this is going to affect us, especially on our plan for international expansion." Live Events The company uses Nvidia's autonomous-grade Orin-X chips and would likely go on to use its newer Drive Thor chips that are not restricted from being sold in China, Peng said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories "It's very hard to imagine those chips will be on restriction. Alternatively of course, we also have some backup suppliers from the Chinese domestic chip manufacturers," he said. Founded in Silicon Valley in 2016, has research centres in China, the United States and Luxembourg. Asked about whether the company might explore a secondary listing in Hong Kong , Peng said it was a potential option but that its focus was on starting production of its 7th generation of vehicles. currently has robotaxi service licences in Beijing, Shanghai, Guangzhou and Shenzhen and is seeking to launch the services in Hong Kong. "Currently all the assembly line has been modified for the mass production. Our target is that for this year we'll reach close to 1,000 vehicles," he said. "For the next few years, we're going to actually very rapidly expand the offering and mass production once we have the assembly line all tooled up. I think now is the matter of the demand. We definitely are going to go beyond tens of thousands very soon."
Business Times
24-04-2025
- Automotive
- Business Times
Robotaxi maker Pony.ai sees Trump's trade war hitting sentiment, overseas expansion plans
[SHANGHAI] China-based robotaxi developer said on Thursday (Apr 24) that US President Donald Trump's trade war with China was likely to dampen its international expansion plans, but it anticipated little direct impact on its supply chain. The Toyota-backed company has been exploring the deployment of its autonomous driving business in South Korea, Luxembourg, the Middle East and other countries after raising US$260 million from listing on the Nasdaq in November. Trump's move to impose a blanket 10 per cent tariff on all other US imports and a higher 145 per cent levies on Chinese products has roiled markets and forced companies to reassess plans. On Thursday, however, the Trump administration signalled an openness to de-escalating the trade war with China. Asked about the tariffs, CEO James Peng said on the sidelines of the Shanghai auto show that his company did not foresee a direct impact. 'On the supply side, we always try to have alternatives and backups,' he told Reuters. 'But I think sentimentally of course this is going to affect us, especially on our plan for international expansion.' The company uses Nvidia's autonomous-grade Orin-X chips and would likely go on to use its newer Drive Thor chips that are not restricted from being sold in China, Peng said. BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up 'It's very hard to imagine those chips will be on restriction. Alternatively of course, we also have some backup suppliers from the Chinese domestic chip manufacturers,' he said. Founded in Silicon Valley in 2016, has research centres in China, the United States and Luxembourg. Asked about whether the company might explore a secondary listing in Hong Kong, Peng said it was a potential option but that its focus was on starting production of its 7th generation of vehicles. currently has robotaxi service licences in Beijing, Shanghai, Guangzhou and Shenzhen and is seeking to launch the services in Hong Kong. 'Currently all the assembly line has been modified for the mass production. Our target is that for this year we'll reach close to 1,000 vehicles,' he said. 'For the next few years, we are going to actually very rapidly expand the offering and mass production once we have the assembly line all tooled up. I think now is the matter of the demand. We definitely are going to go beyond tens of thousands very soon.' REUTERS
