Heads Up, Tesla: NIO Is About to Roll Out a Brand-New Sedan -- and Bigger Batteries, Too

Heads Up, Tesla: NIO Is About to Roll Out a Brand-New Sedan -- and Bigger Batteries, Too
John Rosevear
© Provided by The Motley Fool
Heads Up, Tesla: NIO Is About to Roll Out a Brand-New Sedan -- and Bigger Batteries, Too
By any measure, Chinese electric-vehicle maker
NIO (NYSE: NIO) had a good year in 2020. After beginning the year short of cash amid the COVID-19 pandemic, NIO recovered to finish strong with a successful new-model launch and a record sales total. 
How will it follow that? We'll get an idea on Jan. 9, this coming Saturday, when the company holds its annual NIO Day -- a party for its investors, customers, and fans that includes previews of upcoming products and technologies.

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