If you're thinking about electric vehicles or investing in the future of transportation, you've probably heard of Tesla, but there's another major player making big moves. You might be surprised to learn how a Chinese EV giant is challenging the global market with unique tech and a different business model.
NIO is trending because its stock performance and recent announcements are making waves in the highly competitive EV market.
Investors are closely watching NIO's stock (NYSE: NIO) as it navigates a challenging economic climate and intense competition.