Stock Market Today, Feb. 2: Nio Falls After January Deliveries Raise Concerns About Chinese EV Demand

Today, Feb. 2, 2026, investors weigh Nio’s surging January deliveries against fresh doubts about demand, margins, and model concentration.

Nio Stock Quote

Today’s Change

(-3.83%) $-0.18

Current Price

$4.52

Nio (NIO 3.83%), which designs and sells electric vehicles, closed Monday’s session at $4.52, down 3.83%. The stock moved lower after January delivery data showed strong year-over-year growth but revived concerns about Chinese EV demand and sustainability of recent momentum that investors are watching closely.
Trading volume reached 66 million shares, coming in about 40% above its three-month average of 47 million shares. Nio IPO’d in 2018 and has fallen 25% since going public.

How the markets moved today

The S&P 500 (^GSPC +0.54%) added 0.54% to finish Monday at 6,976, while the Nasdaq Composite (^IXIC +0.56%) rose 0.56% to close at 23,592. Within the automotive space, peers Tesla (TSLA 2.00%) closed at $421.81 (-2.00%) and Rivian Automotive (RIVN 2.14%) finished at $14.44 (-2.10%) as investors reassessed electric-vehicle demand.

What this means for investors

Before the market opened on Monday, Nio reported its January delivery numbers. With 27,182 vehicles delivered during the month, Nio posted year-over-year growth of 96%. However, it is the sequential comparison that sent the stock sinking during the trading day. That January delivery number represented a 44% decline from December, underscoring a wider concern with the Chinese electric vehicle market.

It’s also worth noting that one particular Nio model, its ES8 SUV, accounted for approximately 84% of sales, representing concentration risk in one model vehicle.

Nio’s results were not unique and other Chinese manufacturers posted similar results. BYD’s (SEHK:1211) sales were down 30% year over year and XPeng (XPEV 8.18%) deliveries decreased 34% from the prior year.

Jeff Santoro has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends BYD Company. The Motley Fool has a disclosure policy.

Source link

Visited 1 times, 1 visit(s) today

Related Article

Rivian Stock: The EV Recovery Play to Watch​

Rivian has the cash it needs to build it, but are mass market consumers going to buy the R2? Electric vehicle (EV) start-up Rivian (RIVN 2.10%) has made impressive strides in its attempt to break into the auto sector. It has an award-winning vehicle and has achieved scale production of its high-end trucks. It has

A respectable and affordable Android option

Buying a good budget phone can be a challenge. High-end handsets continue to get more features, but on the other end of the spectrum, there are only so many things you can skimp on before a device becomes too compromised. With the Galaxy A17, Samsung is trying to balance both sides of that equation with

2 Top EV Stocks to Buy for the Next Bull Market: Rivian and BYD​

Rivian and BYD are promising long-term plays on the EV market. The electric vehicle (EV) market’s growth has slowed down in recent years, but most analysts still expect EVs to continue replacing gas-powered cars through the end of the decade. According to Grand View Research, the global EV market could still expand at a 32.5%

Trump Phones Hit Another Snag

MAGA supporters hoping to get their hands on Trump Mobile’s golden smartphones will need to wait longer. A customer service representative for the mobile service company overseen by the president’s sons, Eric and Donald Jr., told the Daily Beast that shipments of the flagship T1 model were delayed again—this time to March. The T1 Phone

The Apple Watch Series 11 is back on sale for $299

Whether you’re one of the few people still keeping up with New Year’s resolutions or just want an upgraded smartwatch, now is a good time to get an Apple Watch. Currently, the Apple Watch Series 11 is on sale for $299, down from $399. The 25 percent discount brings the 2025 model back down to

The latest iPad mini is $100 off right now

We’ve finally made it to February, but, with the ongoing long nights, you might want a pick-me-up to get you through the rest of winter. Take the Apple iPad mini with the A17 Pro chip, which is on sale for $400, down from $500. Its small size is perfect for cozying up on the couch

Nio Brand January Sales Collapse 79% in Netherlands as EV Market Drops 35%

Data published on Sunday by Dutch automotive association BOVAG revealed that sales of the Chinese premium brand Nio collapsed to just three units in January, a 78.6% plunge from a year ago. The Shanghai-based group — including both the Nio and Firefly brands — registered 17 units last month, with three of them being from

Samsung SDI remains in red in Q4 on sluggish EV market

Samsung SDI headuquarters [SAMSUNG SDI]   Samsung SDI said Monday it remained in the red in the fourth quarter of 2025, mainly due to sluggish demand for electric vehicles in the United States, though its energy storage system (ESS) business helped limit losses.   Net profit came to 207.8 billion won ($142.4 million) for the

Top Players and Market Competition in the Electric Vehicle (EV)

Electric Vehicle (EV) Sensor Market The electric vehicle (EV) sensor market is set for significant expansion as the shift toward electric mobility accelerates worldwide. With advancements in vehicle technologies and stricter safety regulations, the demand for sophisticated sensors in EVs is growing rapidly. This overview explores the market size projections, key players, and emerging trends

New Age | Mobile phones and new landscape of crime

THE mobile phone has travelled a long way from its original purpose as a simple communication device. Today, it functions as a gateway to education, finance, work, entertainment and social life, compressing entire systems into a single object carried in the pocket. In Bangladesh, as in much of the world,

New 2026 MG4 EV launched, and prices slashed in right hand drive market

MG has launched its refreshed, award-winning, affordable 2026 MG4 EV in the UK market with multiple changes that will please many, while no longer being the cheapest electric model the brand sells in the market. The even newer, more rounded, 2026 MG4 EV “Urban” with a front-wheel-drive (FWD) powertrain takes the cheapest EV from the

Mobile phone, sim seized during inspection at prison | Mangaluru News

Mangaluru: A surprise inspection conducted at the Mangaluru district prison led to the seizure of prohibited items, including a mobile phone and SIM card, from an inmate.The complainant, Sharanabasappa, superintendent of the district prison stated that on Jan 30, he, along with other officers conducted a surprise inspection inside the prison. During the inspection, while

7 Best Mobile Betting Sites for Super Bowl 2026

Feb. 1, 2026, 9:00 a.m. ET We have reviewed the best sports betting apps to wager on Super Bowl 2026 to create this comprehensive guide to the top online betting apps in the US. Check out these licensed and legal sportsbook apps and Super Bowl betting sites that offer competitive odds, huge welcome bonuses, bonus

Mamdani Forces Delivery Apps to Pay Back $4.6 Million Cheated From Drivers

Illustration by Tag Hartman-Simkins / Futurism. Source: Angela Weiss / AFP via Getty Images New York City’s mayor isn’t even a month into his term, and he’s already delivering a crushing blow to delivery app companies. In a bombshell intervention, Zohran Mamdani and Department of Consumer and Worker Protection commissioner Sam Levine announced that three

Should You Buy Nio Stock While It’s Below $5 a Share?​

Nio is an innovative auto company operating in the world’s largest auto market, but I’m still bearish on it. The Chinese auto market is enormous. It comprised 30% of all global auto sales in 2025 and it positively dwarfs the next four largest markets — the U.S. at 18% of all sales, India and Japan

5 Essential Free Apps That Aren’t Available On The Microsoft Store

Matthew Sholtz/BGR Much like mobile operating systems, Microsoft offers a unified store to easily install Windows apps, known as the Microsoft Store. While it wasn’t that great at first, over the years, many of the core Windows apps we’ve been using, like VLC, Foobar2000, and even browsers such

These Are the Weirdest Phones I’ve Tested Over 14 Years

I’ve been a CNET journalist for over 14 years, testing everything from electric cars and bikes to cameras and, er, magic wands. But it’s phones that have always been my main focus and I’ve seen a lot of them come and go in my time here. Sure, we’ve had the mainstays like Apple and Samsung,

Apple ends iPhone Upgrade Program in UK: Here’s what happens next

Apple has replaced its UK iPhone Upgrade Program with a new financing option, the “Flexible Finance Account,” through Creation. While offering zero percent interest, this new setup costs more and no longer bundles AppleCare. Customers can now apply online, a convenience over the previous in-store process. Existing members are unaffected for now. Apple has ended

Egyptian MP proposes to exempt expats over customs regulations for mobile phones

iPhone 16 Plus models of US tech giant Apple Inc. are displayed for sale at the Phoenix Mall on the opening day of the first Apple retail store in Bengaluru on September 2, 2025. Idrees Mohammed/AFP/Getty Images Egyptian MP Amal Abdel Hamid submitted a parliamentary proposal aimed at supporting foreign currency reserves and easing the

Ford held talks with China’s Xiaomi over EV partnership

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world Ford has held talks with electric vehicle maker Xiaomi over a partnership that would pave the way for Chinese carmakers to gain a foothold in the US, according to four people familiar with

0
Would love your thoughts, please comment.x
()
x