China Nio's electric vehicle sales rise

By Staff Writer

Nio (NYSE: NIO) deliveries in January quadrupled from a year ago, giving a strong start to 2021.

The company sold around 7,225 EVs in January making it the sixth consecutive month that it has achieved higher monthly deliveries.

Nio recently released its flagship intelligent electric car ET7 with automatic driving capability and built seven power stations along with 12 more stations to be completed in February.