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NIO Inc. (NIO) Balances Recall With Strong Sales and Expansion
NIO Inc. (NYSE:NIO) is one of Goldman Sachs’ top penny stock picks. On February 9, NIO Inc. (NYSE:NIO) announced its largest recall yet, affecting 246229 ES8, ES6, and EC6 vehicles produced from 2018 to 2023 due to a software issue that can temporarily disable dashboard and control screens. The recall represents about three-quarters of its […] Feb 13, 2026 - $NIO
NIO’s Record Recall Tests Software Reliability And Turnaround Story
NIO has initiated a recall of over 246,000 vehicles due to a software issue that poses safety risks. The company plans to address the problem through over the air software updates and on site service interventions. This is currently the largest recall reported by a Chinese electric vehicle maker. NIO (NYSE:NIO), trading at around $4.89, is in the spotlight as it works through this large scale recall. The stock has had mixed performance, with a 12.9% return over the past year, alongside a... Feb 10, 2026 - $NIO
Nio recalls record 246,229 cars over software problem
China's Nio is recalling 246,229 vehicles due to a software issue that poses safety hazards, marking the largest recall by a homegrown electric vehicle maker. The recalled EVs include models ES8, ES6 and EC6 and were manufactured between March 16, 2018 and January 16, 2023, a statement released by the State Administration for Market Regulation on Monday said. The scale of the recall, equivalent to roughly three quarters of Nio's 2025 sales volume, surpassed that of Xiaomi's in September, when the tech firm issued a software update for over 115,000 of its popular SU7 electric sedans to fix potential safety issues involving assisted driving features. Feb 9, 2026 - $NIO
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