Why NIO Stock Is Higher Today

John Rosevear, The Motley Fool
·2-min read
Why NIO Stock Is Higher Today

Shares of Chinese electric vehicle maker NIO (NYSE: NIO) were rising on Thursday, following reports from a press conference in which the company's CEO discussed some of NIO's goals for 2021. As of 1:15 p.m. EDT, NIO's American depositary shares were up about 4% from Wednesday's closing price. At a press conference following the event, CEO William Bin Li shared a few items of interest to electric vehicle investors.