Nio Inc. (NYSE:NIO) has surpassed General Motors Inc. (NYSE:GM) in market value as investors continue to bet on robust growth in electric vehicle adoption in China. The Chinese electric carmaker has seen its value rise to $53.4 billion because of growth in demand for EV in the People’s Republic. Nio […]
Tag: NYSE:NIO
Nio Inc (NYSE:NIO) coat tails Tesla Inc (NASDAQ:TSLA) destiny
In the previous session, stock of NIO Inc. (NIO) opened at $13.50 and last traded at $15.69 x 4000. More than 305,630,352 shares exchanged hands compared to an average daily volume of 83,984,482 shares. At the current pps, the market capitalization stands at 16.604B. Fundamentals you simply cannot ignore Investors […]