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05 Jan
10:41

NIO shares rise on record delivery numbers

The share price for Chinese electric vehicle (EV) manufacturer NIO Inc surged after it announced record delivery numbers, Kallanish reports. NIO’s stock opened at $51.20 on 4 January following the announcement published the day before, up from the previous closing price of $48.74 on 31 December. The share price topped out at $54.44 before closing at $53.49 on 4 January, an increase of 9.7%. NIO reported a 112.6% year-on-year increase in the number of units …
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