Nio is trading 4.1% down now at $4.44 after reports that its European expansion is losing momentum.

  • Germany recorded only three July registrations, down 93.6% year over year; registrations through July fell 89.3% to 18 vehicles.
  • Germany and the Netherlands combined recorded just 26 registrations during the first seven months.
  • Nio also faces limited model availability, older inventory, discounting, and European store closures; the report explicitly linked these developments to the premarket decline.