US Stock Market Move | NIO Inc. Sponsored ADR Class A (NIO.US) rose more than 3%, with the delivery of the NIO L90 in a single week exceeding 3,500 units, reaching a record high.

On Wednesday, NIO Inc. Sponsored ADR Class A (NIO.US) rose more than 3%, reaching $7.04. In terms of news, NIO Inc. Sponsored ADR Class A delivered over 10,000 vehicles last week, with more than 4,000 for NIO Inc. Sponsored ADR Class A, over 5,000 for Lido, and over 1,500 for Firefly. Among them, the Lido L90 delivered over 3,500 vehicles in a single week, reaching a historical high, with a 50% increase in production capacity compared to the previous month. The ES8 has also officially entered the high production volume phase. According to industry estimates, there is a high possibility that the cumulative deliveries of Lido L90 will exceed 30,000 this week, and the production capacity for the new ES8 for NIO Inc. Sponsored ADR Class A is already fully booked for the first quarter of next year.