NIO Inc. vs Plug Power Inc — how do they compare? NIO Inc. trades at $4.79 (market cap $12.55B), while Plug Power Inc trades at $2.27 (market cap $2.98B). The key difference: NIO Inc. is far larger — about 4.2× Plug Power Inc's market cap, and Plug Power Inc is trading nearer its 52-week high, NIO Inc. nearer its low. Which is the better fit depends on your goals.
| NIO | PLUG | |
|---|---|---|
Market Cap | $12.55B | $2.98B |
Sector | Consumer Cyclical | Industrials |
52-Week High | $7.89 | $4.14 |
52-Week Low | $4.44 | $1.40 |
Enterprise Value | $11.78B | $3.77B |
Trailing returns across standard periods
NIO Inc. manufactures and sells automobiles. The Company offers electric vehicles and parts, as well as provides battery charging services. NIO serves customers worldwide.
Read more on NIO →Plug Power is building an end-to-end green hydrogen ecosystem—from production, storage and delivery to energy generation. The company plans to build and operate green hydrogen highways across North America and Europe. Plug will deliver its green hydrogen solutions directly to its customers and through joint venture partners into multiple end markets—including material handling, e-mobility, power generation, and industrial applications.
Read more on PLUG →