XIACY - Why NIO Shares Are Gaining Tuesday? | Benzinga
NIO Inc.’s (NYSE:NIO) shares are trading higher on Tuesday.
The company’s office campus in Shanghai reportedly received a visit from Xiaomi Corp. (OTC:XIACY) founder, chairman, and CEO Lei Jun to check out the L60, the first model from NIO’s sub-brand Onvo.
Nio’s founder, chairman, and CEO William Li disclosed the news today on Douyin, China’s TikTok equivalent, with a video showcasing him and Lei Jun beside an Onvo L60, CnEV Post reported.
Later on Weibo, Lei stated that he led his team to visit Nio’s Li to express gratitude for his assistance in the launch of Xiaomi’s debut model, the SU7, the report added.
Additionally, as per local automotive media ...