NIO shares jump after China sales beat rivals in August
Nio said it outsold Mercedes-Benz, BMW and Audi across eight provincial-level regions and 37 cities in August, citing strength in its premium SUVs; U.S.-listed NIO shares climbed about 2% overnight late Thursday.
U.S.-listed shares of Nio, Inc. (NIO) climbed 2% overnight late Thursday after the Chinese EV maker said it outsold Mercedes-Benz, BMW and Audi across eight provincial-level regions and 37 cities in August, driven by its premium SUVs.Nio’s U.S.-listed shares rose 1% on Thursday but remained down 2…