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Nio Shares Up 6.4% on Monday as Company Unveils Its ET7 Sedan Jan 12 2021 · 11:06 UTC by Benjamin Godfrey · 3 min read Photo: NIO You have successfully joined our subscriber list. The shares of Nio are bound to see bigger moves particularly with the firm’s readiness to throw its gauntlet in churning out advanced technologies. The impressive performance from electric vehicle companies is not just limited to US-Based Tesla Inc (NASDAQ: TSLA), firms like Shanghai-based Nio Inc (NYSE: NIO) are also outperforming on US bourses evident in its shares which closed 6.42% higher on Monday and another 0.93% in the pre-market to $63.28 per share. The impressive growth of Nio comes following reports of the launch of the company’s new sedan EV dubbed ET7 in a bid to compete with rival Tesla, which now operates a Gigafactory out of Shanghai. ....