NIO Inc. American depositary shares, each representing one Class A ordinary share (NIO) Company Bio
NIO Inc. manufactures and markets electric vehicles. The company offers electric cars under EP9, EVE, and ES8 brand names. The company was formerly known as NextEV Limited. NIO LIMITED was founded in 2014 and is based in Shanghai, China
NIO's stock has risen fivefold just since early April, and shareholders have higher hopes than ever that the electric-vehicle company can do in China what Tesla (NASDAQ: TSLA) has done in the U.S. market. The event that spurred the latest move higher in NIO shares was its release of second-quarter vehicle delivery volume figures.
Nio (NIO) is up another 8.00% and is by far and away the most popular stock on Robinhood over the last 24 hours. Volume on Nio is almost double normal activity as investors seem to be hunting for the next best pure-play EV name after Tesla.The huge rally in Nio...
Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) closed higher again on Thursday, after a Chinese business media outlet reported that the company may be close to a securing a hefty line of credit. NIO's American depositary shares ended Thursday's session at $14.63, up 13.6% from Wednesday's closing price.