US Stock Market Move | NIO Inc. Sponsored ADR Class A (NIO.US) rose more than 3%, and its sub-brand Firefly introduced its BaaS battery rental program ahead of schedule.

On Tuesday, NIO Inc. Sponsored ADR Class A (NIO.US) rose more than 3% to $3.54. In terms of news, NIO Inc. Sponsored ADR Class A announced on June 24 that its Firefly firefly has officially launched the BaaS battery rental purchase program, much earlier than the company's previous estimate of August. After adopting the BaaS battery rental service, the price of the original "Freedom Edition" model starting at 119,800 yuan is now starting at 79,800 yuan, and the price of the original "Glow Edition" model starting at 125,800 yuan is now starting at 85,800 yuan, with a monthly battery rental service fee of 399 yuan.