China’s EV-maker NIO Inc. has seen its shares drop 38.5% since the beginning of this year due to Beijing’s crackdown on U.S. companies that are listed in Chinese. Furthermore, as the United States tightens its regulatory scrutiny of foreign companies—which has raised speculation about the potential for NIO to be delisted from U.S. exchanges—is it worth betting on the stock at its current price level? We’ll find out. NIO Inc., a Chinese EV manufacturer, produces smart electric cars and five, six, and seven-seater battery-powered SUVs. Over the last months, the company made steady progress in the operations front by deploying Power Swap Station 2.0 and beginning construction at its new plant in Xinqiao Industrial Park (Hefei).

NIO stock’s price dropped 38.5% due to the negative investor sentiment caused by Didi Global Inc.’s Chinese crackdown on ride-hailing apps. The stock closed yesterday’s session trading at $30. It is now trading 55.2% below its 52-week peak of $66.99.

Additionally, shares fell 24.4% during the month that the U.S. Securities and Exchange Commission expanded its oversight of foreign stocks. As the company faces challenges in meeting its production goals due to current supply chain restrictions, investors are still concerned about its future prospects.

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