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Home/News Feed/NIO stock jumps as Mirattery raises $145M for battery expansion, boosting investor confidence.
NIO
$5.11
+$0.06 +1.19%

NIO stock jumps as Mirattery raises $145M for battery expansion, boosting investor confidence.

Technical Signals
23 Mar 2026
Benzinga
View Source
Bullish
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NIO shares surged after Mirattery, its battery-asset partner, raised $145 million through green asset-backed notes to support battery deployment and technology development. This follows Mirattery's recent funding rounds, including a nearly $290 million Series C and a $72.8 million REIT offering, signaling strong investor demand and expanding financing channels. NIO's stock shows mixed momentum technically, with key support at $5.50 and resistance at $6.00, while analysts hold a Hold rating with an average target of $7.28. The funding boost for Mirattery is a positive sign for NIO's battery supply chain and future growth prospects.

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