NIO's Trading Volume Surges 142.52% to 6.53 Billion, Ranks 167th in Market

On July 22, 2025, NIO's trading volume reached 6.53 billion, marking a 142.52% increase from the previous day. This surge placed NIO at the 167th position in the day's stock market rankings. NIO's stock price rose by 10.84%, marking its second consecutive day of gains, with a total increase of 14.12% over the past two days.

NIO recently launched its new SUV, the Onvo L90, which has garnered significant attention. Morgan Stanley has described the launch as a "major catalyst" and reaffirmed its "Buy" rating with a price target of $5.90. This positive outlook from a major financial institution has likely contributed to the recent surge in NIO's stock price.

Despite the excitement surrounding the new SUV, there are still concerns about branding and cash burn that could impact NIO's long-term prospects. Investors are closely watching how NIO manages these challenges as it continues to expand its product offerings and market presence.