Business

Nio Launches New EV Models

Updated 2026-05-28 02:05 UTC 1 source Positive

Chinese electric car company Nio has launched two new lower-priced brands, boosting its market presence. The launch of the first flagship model in over two years sent shares surging 9%.

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CNBC

Nio surges 9% after releasing first flagship EV in more than two years

Chinese electric car company Nio has launched two lower-priced brands in the last two years to broaden its customer base in a sluggish Chinese consumer market.

2026-05-28 01:33 UTC