US-listed shares of Chinese EV maker Nio rebounded sharply on Monday, erasing most of Friday’s losses after US President Donald Trump signaled a softer tone toward China on Sunday.
Through a post on X, Trump’s comments were seen by investors as easing fears of renewed trade tensions that had rattled markets late last week.
As of press time, the stock is rising 6.6% to $7.16, after having plunged by 10% on Friday.
The rebound lifted Nio’s three-month gains to about 70%, and the stock is now up 64% year to date.
The broader market also advanced, with the Dow Jones Industrial Average climbing about 1.3%, the S&P 500 up 1.6%, and the Nasdaq Composite surging 2.1%, as investors bought back beaten-down technology and Chinese stocks.
Friday’s selloff followed a post on Trump’s Truth Social account threatening “massive tariff” increases on Chinese goods, sparking fears of a revived trade war after weeks of signs of progress in negotiations between Washington and Beijing.
But Trump struck a conciliatory note over the weekend, writing that “Don’t worry about China, it will all be fine! Highly respected President Xi just had a bad moment.”
“He doesn’t want Depression for his country, and neither do I. The U.S.A. wants to help China, not hurt it!!!” he added.
Vice President JD Vance also told Fox News that the US is willing to negotiate if Beijing is “reasonable,” while asserting that the country has “far more cards” if tensions rise.
Beyond geopolitical relief, two company-specific developments have also buoyed sentiment toward Nio.
First, its sub-brand Onvo extended delivery waiting times for both of its models in China, suggesting increasing demand.
The five-seat L60 SUV now faces a delivery window of seven to nine weeks, up from four to six, while the larger L90 SUV has been extended to seven to nine weeks from five to seven.
Orders placed this week are expected to be delivered in the first half of December.
Second, Nio’s Firefly brand launched a new limited-edition version of its compact EV over the weekend.
The “Night Creature” edition — limited to 666 units globally — features a new black exterior color, unique decals, and upgraded interior options, with prices starting at 96,800 yuan ($13,400) for customers using the company’s battery subscription service.
In the longer term, investors are watching whether Nio can achieve its first profitable quarter in the fourth quarter of 2025, helped by cost-cutting measures introduced earlier this year and its target of 150,000 deliveries in the final three months of the year.
