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NIO stock steadies as China unveils 2026 EV trade-in incentives

NIO shares stabilized ahead of trading as China outlined trade-in subsidies for EV purchases in 2026, a move seen as supportive for domestic EV demand.
NIO’s shares held steady in premarket trading after China announced trade-in subsidy schemes for electric vehicles planned for 2026, aimed at supporting consumer demand. The policy details include incentives for replacing older vehicles with EVs. Market participants considered the outlook for China’s EV sales, with NIO positioned among key domestic brands potentially benefiting if consumer uptake accelerates under the new incentive framework.