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Nio Stock, Peers on Watch as Automakers Commit to European Expansion
BYDDYBYD(BYDDY) Investor Place·2024-06-12 02:47

That said, there has been some intriguing commentary made from Chinese EV makers in recent interviews today. The Secretary General of the China Passenger Car Association (CPCA) recently noted that the country's largest players (such as BYD and Nio) have plans to continue investing in Europe. This comes amid news that the European Union appears to be considering tariffs on Chinese-made cars due to dumping concerns. BYD, NIO Stock Could See Heightened Volatility For companies like Nio that are focusing on Wes ...