US Stock Market Move | NIO Inc. Sponsored ADR Class A(NIO.US) rose more than 2%. Institutions: Expected sales of the L90 are likely to exceed expectations.

On Friday, NIO Inc. Sponsored ADR Class A (NIO.US) rose more than 2%, reaching $4.80. In terms of news, earlier this month, NIO Inc. Sponsored ADR Class A CEO Li Bin posted on Weibo Corp. Sponsored ADR Class A that the LeDo L90 has been on the market for three days and has already entered the top 3 in the large SUV weekly sales rankings, and production and delivery speeds are continuing to accelerate. A Western research report indicated that the full-equipped LeDo L90 is priced at less than 300,000 yuan, highlighting its cost-effectiveness. The combination of comfortable features and large interior and exterior space makes it suitable for large families and long-distance travelers, with sales expected to exceed expectations.