NIO Inc. ADR

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

$NIO shares sank 4.6% as they pulled a sharp U-turn after reaching an intraday record earlier. This comes amid a selloff in other EV makers, led by $TSLA, which took a 7.2% dive after it disclosed that a shareholder recently sold 19.2 million Tesla shares.

NIO, Inc. is a holding company, which engages in the design, manufacture, and sale of electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Its products include EP9 supercar and ES8 7-seater SUV.

The company provides users with home charging, and power express valet service and other power solutions including access to public charging, access to power mobile charging trucks, and battery swapping. It also offers other value-added services such as service package, battery payment arrangement, and vehicle financing and license plate registration. The company was founded by Li Bin and Qin Li Hong in November 2014 and is headquartered in Jiading, China.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

🙋🏻‍♂️sorry guys my bad

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines