Nio

"The market is big enough," Li said, noting that their main competitors should be fuel cars.

Nio again achieved positive operating cash flow in the third quarter and is confident that it can turn cash flow from operating activities positive for the full year 2020 overall, the EV maker's founder William Li Bin said during the third quarter 2020 quarterly conference call.

Although Nio's fourth model won't be released until January, the company is already talking about a successor to the model.

Chinese EV maker Nio's Q3 revenue rose 146.4% year-on-year to RMB 4.53 billion ($66.6 million), beating market expectations of RMB 4.38 billion.

As of September 30, Hillhouse Capital owned 2,411,000 shares of Nio stock worth $51.17 million.

In the high-end auto market, well-known brands are no longer at the helm of the founders and are in professional manager mode.

Nio shares plunged nearly 8% on Friday after being shorted by Citron, but the company's shares rallied more than 2% on Monday and more than 2% in pre-market trading on Tuesday.

There is also the largest public pension in the US and the famous Renaissance Technologies.

Chinese electric vehicle (EV) maker Nio (NYSE: NIO) will report its third-quarter earnings Tuesday before the US stock market opens. 

Sales of the US-listed Chinese electric car trio are now on a rapid rise after a difficult period.