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Benzinga

Business

Henry Khederian

SHOCKING: Here s why nio shares are rising - What They Never Told You

NIO Nio Inc China

Nio Inc - ADR (NYSE:NIO) shares are trading higher by 4.5% at $20.81 after the company announced it has begun deliveries of its ET7 sedan. The company sent over the first batch of ET7s to customers at Hefei, the company’s China headquarters.

Since test drives started March 5, users in more than 80 cities in China have tried the model. The test-to-order conversion rate was much higher than expected, according to Nio… Read More

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One subscription that gives you access to news from hundreds of sites

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