Nio

Chinese electric vehicle (EV) maker Nio (NYSE: NIO) delivered 5,055 vehicles in October, up 100.1% year-on-year and marking the eighth consecutive month of year-on-year growth.

Chinese electric vehicle (EV) maker Nio (NYSE: NIO)  was facing a tough year in 2019, when financial constraints combined with a plummeting stock price forced a delay in the release of its first production all-electric sedan, which was expected to be released that year.

Chinese electric vehicle maker Nio (NYSE: NIO) is in the process of setting up an overseas division, tentatively codenamed "Marco Polo Project", to sell its models in Europe, according to a report by Chinese media iyiou.com.

Ark Invest analyst Tasha Keeney recently pointed out that there are still major differences between Nio and Tesla, which means that the former's prospects may not be so easy to judge.

Nio, Li Auto, Xpeng, and WM Motor are the stars of the current crop of China's emerging electric car companies, and Nio in particular has recently gained popularity in the capital markets.

In the US stock market, there is a special group of stockholders. They were convinced by the charisma of the founder, and believed that its future could be comparable to Tesla.

Range anxiety is the most important factor preventing many people from buying an all-electric vehicle, but that anxiety could be largely alleviated if Chinese electric vehicle maker Nio (NYSE: NIO) were to launch this battery pack.

Nio and Xpeng, two of the leading companies in the new Chinese car manufacturing industry, have a skill set previously reserved for Tesla.

On October 29, Wu Wei, director of the machinery division of the National Development and Reform Commission's Industrial Development Department, said at the Deqing 2020 Global Future Travel Conference that the New Energy Vehicle Industry Development Plan (2021-2035) may be announced next week, and that electrification and intelligence have become irreversible strategic directions for the development of China's auto industry.

On October 29, Chinese EV maker Nio (NYSE: NIO) saw its 5,000th vehicle of the month rolled off the production line at the Hefei Advanced Manufacturing Base, the company said today.