Shares of Chinese electrical cars and truck manufacturer nio stock today (NIO 0.44%) were rolling today on apparently no company-specific news. Instead, financiers might be reacting to information from yesterday that some parts of China were experiencing a rise in COVID-19 instances.

Much more lockdowns in the nation might once more slow the business's car manufacturing as it has in the current past. Consequently, financiers pressed the electric vehicle (EV) stock down 6.6% as of 10:59 a.m. ET.

CNBC reported yesterday that the variety of cities in China that have applied COVID-related restrictions has actually increased. One of the locations is a province called Anhui, where Nio has a manufacturing facility.

Nio reported its second-quarter automobile shipments late recently, with quarterly automobile shipments up 14% year over year and also June distribution increasing 60%. Part of that development was helped partially because pandemic constraints were eased during that duration.

China has a very stringent "zero-COVID" policy that restricts movement by citizens and also has actually caused manufacturing facilities for Nio, and also various other EV manufacturers, stopping vehicle manufacturing.

Nio investors have gotten on a wild trip recently as they refine inflation data, increasing fears of an international economic crisis, and rising coronavirus cases in China. As well as with the most recent news that some parts of China are experiencing brand-new lockdowns, it's most likely that the volatility Nio's stock has experienced recently isn't ended up just yet.

Nio investors should maintain a close eye on any new advancements about any kind of short-lived manufacturing facility shutdowns or if there's any sign from the Chinese federal government that it's downsizing on restrictions.

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