NIO stock steadies in premarket after million battery swaps; ES9 SUV timing in focus
Nio’s U.S.-listed shares slipped 0.2% to $5.28 in premarket trading Tuesday after jumping 4.34% the previous session. The company reported one million battery swaps in less than a week during the Lunar New Year, hitting a daily record of 175,976 swaps on Feb. 21. Nio is recalling 246,229 vehicles in China for a software issue, with fixes via remote updates where possible. Next earnings are due March 19.
