NIO Inc. NIO shares are trading higher Tuesday. The stock appears to be moving on continued upward momentum from Monday.
What To Know:
On Monday, Nio announced that its newest electric vehicle, the EC6, will be released on Sept. 15, and Nio will hold an online unveiling event at 8 a.m. ET (8 p.m. China Standard Time) the same day.
According to a report from CnEVPost, the new EC6 SUV EVs have already arrived at Nio's showrooms. Nio stated on the company's app that test drives of the EC6 will be available starting on Sept. 15 and deliveries of Nio's newest EV will begin on Sept. 16.
Shares of NIO are down 20% over the last month, but the stock remains up more than 35% over the last three months.
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NIO Price Action: According to Benzinga Pro, Nio shares are up over 2% at $10.57 at the time of publication.
Image: Courtesy of Nio, Inc.
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