China Has EV Problems, Too. NIO Stock Is Down.

China is facing an EV slowdown, just like the U. S. Well, not exactly like the U. S. Deliveries from several Chinese electric vehicle makers slipped in April, compared with March. Shares were down 2. 7% in premarket trading, while and futures were up 0. 1% and 0. 2%, respectively.

Coming into Friday trading, NIO stock was up 25% year to date and up 58% over the past 12 months.